The Madrid, AL employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Madrid is $16,042, which is 35% lower than than the Alabama average and 46% lower than than the national average. The median household income is $39,792, which is 11% lower than than the Alabama average and 28% lower than than the national average. The unemployment rate in Madrid is 1%, which is 72% lower than than the national average. The poverty rate in Madrid is 23% which is 51% higher than than the national average.
