The median household income in Madrid, AL in 2022 was $49,559, which was 20.4% less than the median annual income of $59,674 across the entire state of Alabama. Compared to the median income of $14,943 in 2000 this represents an increase of 69.8%. The per capita income in 2022 was $26,206, which means an increase of 60.3% compared to 2000 when it was $10,409.
Whole page based on the data from 2000 / 2022 when the population of Madrid, Alabama was 303 / 262
Income statistics for all residents
Median household income in Madrid, AL in 2022:
Madrid:
$49,559
State:
$59,674
Number of households with income < $10k:
Madrid:
2.1% (2)
State:
7.6% (152,705)
Number of households with income $10k - 20k:
Madrid:
6.2% (6)
Alabama:
9.8% (197,409)
Number of households with income $20k - 30k:
Madrid:
19.8% (19)
Alabama:
9.1% (183,727)
Number of households with income $30k - 40k:
Madrid:
8.3% (8)
State:
8.1% (164,262)
Number of households with income $40k - 50k:
Madrid:
12.5% (12)
State:
8.1% (163,755)
Number of households with income $50k - 60k:
Madrid:
3.1% (3)
State:
7.5% (151,424)
Number of households with income $60k - 75k:
Madrid:
6.2% (6)
State:
9.2% (185,971)
Number of households with income $75k - 100k:
Madrid:
18.8% (18)
State:
12.6% (253,313)
Number of households with income $100k - 125k:
Madrid:
13.5% (13)
State:
9.1% (184,314)
Number of households with income $125k - 150k:
Madrid:
6.2% (6)
Alabama:
5.7% (115,397)
Number of households with income $150k - 200k:
Madrid:
3.1% (3)
State:
6.4% (129,875)
Number of households with income > $200k:
Madrid:
0.0% (0)
State:
6.7% (134,296)
Aggregate household income in Madrid in 2022: $6,405,526
Median family income in Madrid in 2022:
Madrid:
$54,968
State:
$77,668
Number of families with income < $10k:
Madrid:
1.6% (1)
State:
4.4% (57,461)
Number of families with income $10k - 20k:
Madrid:
6.7% (4)
Alabama:
5.5% (72,559)
Number of families with income $20k - 30k:
Madrid:
21.8% (14)
Alabama:
6.9% (89,939)
Number of families with income $30k - 40k:
Madrid:
7.1% (5)
Alabama:
6.8% (88,598)
Number of families with income $40k - 50k:
Madrid:
6.2% (4)
State:
7.4% (96,539)
Number of families with income $50k - 60k:
Madrid:
7.5% (5)
Alabama:
7.1% (93,159)
Number of families with income $60k - 75k:
Madrid:
4.6% (3)
Alabama:
10.1% (132,858)
Number of families with income $75k - 100k:
Madrid:
18.6% (12)
State:
14.4% (189,114)
Number of families with income $100k - 125k:
Madrid:
13.2% (8)
State:
11.8% (154,222)
Number of families with income $125k - 150k:
Madrid:
8.6% (6)
State:
7.7% (100,319)
Number of families with income $150k - 200k:
Madrid:
4.3% (3)
State:
8.7% (113,549)
Median non-family income in Madrid in 2022:
Madrid:
$47,128
Alabama:
$32,330
Median per capita income in Madrid in 2022:
Madrid:
$26,206
State:
$33,777
Income statistics for White residents
Median household income in Madrid, AL in 2022:
Madrid:
$58,272
State:
$68,168
Number of households with income < $10k:
Madrid:
1.3% (1)
State:
6.0% (81,374)
Number of households with income $10k - 20k:
Madrid:
5.1% (4)
State:
7.7% (103,935)
Number of households with income $20k - 30k:
Madrid:
19.0% (15)
State:
7.9% (106,652)
Number of households with income $30k - 40k:
Madrid:
11.4% (9)
State:
7.6% (101,967)
Number of households with income $40k - 50k:
Madrid:
11.4% (9)
State:
7.6% (101,782)
Number of households with income $50k - 60k:
Madrid:
2.5% (2)
State:
7.7% (104,223)
Number of households with income $60k - 75k:
Madrid:
7.6% (6)
State:
9.2% (124,640)
Number of households with income $75k - 100k:
Madrid:
16.5% (13)
Alabama:
13.5% (182,175)
Number of households with income $100k - 125k:
Madrid:
15.2% (12)
Alabama:
10.4% (140,351)
Number of households with income $125k - 150k:
Madrid:
6.3% (5)
State:
6.7% (89,912)
Number of households with income $150k - 200k:
Madrid:
3.8% (3)
Alabama:
7.5% (101,623)
Number of households with income > $200k:
Madrid:
0.0% (0)
State:
8.1% (109,449)
Aggregate household income in Madrid in 2022: $5,420,937
Median family income in Madrid in 2022:
Madrid:
$47,590
Alabama:
$87,431
Number of families with income $10k - 20k:
Madrid:
2.5% (1)
Alabama:
3.7% (33,799)
Number of families with income $20k - 30k:
Madrid:
26.7% (15)
State:
5.2% (46,603)
Number of families with income $30k - 40k:
Madrid:
10.6% (6)
State:
5.9% (53,168)
Number of families with income $40k - 50k:
Madrid:
8.0% (4)
State:
6.7% (60,599)
Number of families with income $50k - 60k:
Madrid:
5.6% (3)
Alabama:
7.3% (65,413)
Number of families with income $60k - 75k:
Madrid:
5.1% (3)
Alabama:
10.0% (89,817)
Number of families with income $75k - 100k:
Madrid:
13.2% (7)
State:
15.3% (138,117)
Number of families with income $100k - 125k:
Madrid:
13.4% (7)
State:
13.2% (119,120)
Number of families with income $125k - 150k:
Madrid:
10.3% (6)
Alabama:
8.8% (79,234)
Number of families with income $150k - 200k:
Madrid:
4.7% (3)
State:
9.9% (89,633)
Median non-family income in Madrid in 2022:
Madrid:
$61,441
Alabama:
$35,655
Median per capita income in Madrid in 2022:
Madrid:
$26,895
Alabama:
$38,538
Change in median per capita income between 2000 and 2022:
Madrid, Alabama:
+136.8%
State:
+85.7%
Income statistics for Black or African American residents
Number of households with income < $10k:
Madrid:
0.0% (0)
State:
11.6% (61,525)
Number of households with income $10k - 20k:
Madrid:
14.3% (2)
State:
15.7% (83,337)
Number of households with income $20k - 30k:
Madrid:
42.9% (6)
State:
12.1% (64,285)
Number of households with income $30k - 40k:
Madrid:
0.0% (0)
State:
9.5% (50,471)
Number of households with income $40k - 50k:
Madrid:
14.3% (2)
State:
9.3% (49,396)
Number of households with income $50k - 60k:
Madrid:
0.0% (0)
State:
7.1% (37,794)
Number of households with income $60k - 75k:
Madrid:
0.0% (0)
State:
8.8% (46,635)
Number of households with income $75k - 100k:
Madrid:
28.6% (4)
State:
10.2% (54,232)
Number of households with income $100k - 125k:
Madrid:
0.0% (0)
Alabama:
5.7% (30,295)
Number of households with income $125k - 150k:
Madrid:
0.0% (0)
Alabama:
3.3% (17,334)
Number of households with income $150k - 200k:
Madrid:
0.0% (0)
State:
3.6% (18,943)
Number of households with income > $200k:
Madrid:
0.0% (0)
State:
2.8% (14,974)
Aggregate household income in Madrid in 2022: $719,625
Median non-family income in Madrid in 2022:
Madrid:
$27,807
State:
$26,601
Median per capita income in Madrid in 2022:
Madrid:
$23,189
Alabama:
$24,808
Income statistics for American Indian and Alaska Native residents
Median per capita income in Madrid in 2022:
Madrid:
$12,601
State:
$26,356
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