Madrid, AL Employment - Median Household Income, Unemployment Rate

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Income/capita 46%

Household income 28%

Unemployment 72%

Index	Madrid	Alabama	National
Income per capita	$16,042	$24,736	$29,829
Median household income	$39,792	$44,758	$55,322
Median income owner occupied	$49,375	$55,873	$70,586
Median income renter occupied	$26,250	$25,999	$35,192
Median earnings male	$26,875	$34,323	$36,919
Median earnings female	$19,063	$22,614	$26,250
Unemployment rate	1.3%	4.8%	4.7%
Poverty level	22.9%	18.4%	15.1%

Key findings

The income per capita in Madrid is 46% lower than the national average
The median household income in Madrid is 28% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Madrid is 72% lower than the national average
The poverty level in Madrid is 51% higher than the national average

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am i middle class

$26,525$39,792$79,584

City

$29,835$44,758$89,516

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Madrid median earnings by income bracket

Madrid employment by industry

Labour Type	Male	Female
Construction industry	13.2%	0.0%
Manufacturing sector	12.1%	8.2%
Financial & insurance services	0.0%	1.4%
Wholesale & retail services	16.5%	19.2%
Public administration	6.6%	2.7%
Transportation, warehousing & utilities	13.2%	2.7%
Education, health & social services	6.6%	15.1%
Other	31.9%	50.7%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Rehobeth, AL	1,732	$46,659	16%
Greenwood, FL	875	$45,507	18%
Ashford, AL	2,211	$43,641	21%
Dothan, AL	68,066	$42,569	23%
Taylor, AL	2,704	$41,806	24%
Madrid, AL	411	$39,792	28%

Cities with similar population

City, State	Population	Household Income	National Avg.
Cazenovia, WI	411	$43,125	22%
Buckholts, TX	411	$0	100%
Valle, AZ	411	$25,518	54%
Redbird Smith, OK	411	$21,007	62%
Wood Lake, MN	411	$44,500	20%
Madrid, AL	411	$39,792	28%

Source: The Madrid, AL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).