Madrid, IA Employment - Median Household Income, Unemployment Rate

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A-

1%

Income/capita NAT. AVG.

23%

Household income NAT. AVG.

63%

Unemployment NAT. AVG.

Index	Madrid	Iowa	National
Income per capita	$45,554	$42,672	$44,883
Median household income	$99,958	$81,387	$81,333
Median income owner occupied	$110,475	$98,724	$106,172
Median income renter occupied	$63,181	$45,890	$52,080
Median earnings male	$64,603	$54,047	$54,343
Median earnings female	$58,851	$36,462	$38,439
Unemployment rate	1.8%	3.2%	4.9%
Poverty level	6.6%	12.3%	15.1%

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285th Ln

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Madrid, IA

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Key findings

The income per capita in Madrid is 1% higher than the national average
The median household income in Madrid is 23% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Madrid is 63% lower than the national average
The poverty level in Madrid is 56% lower than the national average

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am i middle class

$66,632 $99,958 $199,916

City

$54,252 $81,387 $162,774

State

$54,216 $81,333 $162,666

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	15.3%	15.3%
Manufacturing sector	5.5%	5.5%
Financial & insurance services	4.2%	4.2%
Wholesale & retail services	18.8%	18.8%
Public administration	3.8%	3.8%
Transportation, warehousing & utilities	9.4%	9.4%
Education, health & social services	19.9%	19.9%
Other	21.8%	21.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Polk City, IA	4,940	$189,188	132.6%
Alleman, IA	447	$167,707	106.2%
Huxley, IA	4,000	$163,490	101.0%
Kelley, IA	377	$153,700	89.0%
Granger, IA	1,931	$144,569	77.7%
Madrid, IA	2,660	$99,958	22.9%

Cities with similar population

City	Population	Household Income	National Avg.
Webster County, GA	2,660	$46,645	42.6%
Henniker, NH	2,660	$143,425	76.3%
Fillmore, UT	2,660	$90,718	11.5%
Bonaventure, QC	2,660	n/a
Premont, TX	2,659	$59,042	27.4%
Madrid, IA	2,660	$99,958	22.9%

Source: The Madrid, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.