Madrid, NY Employment - Median Household Income, Unemployment Rate

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B-

23%

Income/capita NAT. AVG.

7%

Household income NAT. AVG.

60%

Unemployment NAT. AVG.

Index	Madrid	New York	National
Income per capita	$23,016	$34,212	$29,829
Median household income	$59,286	$60,741	$55,322
Median income owner occupied	$76,042	$83,277	$70,586
Median income renter occupied	$40,078	$38,983	$35,192
Median earnings male	$43,083	$40,464	$36,919
Median earnings female	$21,284	$30,906	$26,250
Unemployment rate	1.8%	4.8%	4.7%
Poverty level	18.5%	15.5%	15.1%

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Key findings

The income per capita in Madrid is 23% lower than the national average
The median household income in Madrid is 7% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Madrid is 60% lower than the national average
The poverty level in Madrid is 22% higher than the national average

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am i middle class

$39,520 $59,286 $118,572

City

$40,489 $60,741 $121,482

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	7.9%	7.9%
Manufacturing sector	9.9%	9.9%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	26.1%	26.1%
Public administration	6.4%	6.4%
Transportation, warehousing & utilities	14.3%	14.3%
Education, health & social services	12.8%	12.8%
Other	18.2%	18.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Hannawa Falls, NY	1,040	$83,846	51.6%
Norwood, NY	1,543	$66,750	20.7%
Rensselaer Falls, NY	406	$63,068	14.0%
Canton, NY	6,486	$62,125	12.3%
Colton, NY	290	$59,583	7.7%
Madrid, NY	805	$59,286	7.2%

Cities with similar population

City	Population	Household Income	National Avg.
Imboden, AR	805	$45,583	17.6%
Cobb, CA	805	$78,304	41.5%
Patterson, GA	805	$58,750	6.2%
Hinton, IA	805	$85,000	53.6%
Lake Panorama, IA	805	$110,030	98.9%
Madrid, NY	805	$59,286	7.2%

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