Madrid, NY Employment - Median Household Income, Unemployment Rate

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B-

25%

Income/capita NAT. AVG.

10%

Household income NAT. AVG.

61%

Unemployment NAT. AVG.

Index	Madrid	New York	National
Income per capita	$33,815	$51,391	$44,883
Median household income	$89,280	$89,985	$81,333
Median income owner occupied	$111,764	$125,982	$106,172
Median income renter occupied	$59,456	$58,659	$52,080
Median earnings male	$64,173	$59,465	$54,343
Median earnings female	$31,068	$44,739	$38,439
Unemployment rate	1.9%	5.0%	4.9%
Poverty level	18.5%	15.5%	15.1%

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19 Caroline St

Madrid, NY

Key findings

The income per capita in Madrid is 25% lower than the national average
The median household income in Madrid is 10% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Madrid is 61% 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

$59,514 $89,280 $178,560

City

$59,984 $89,985 $179,970

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	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	1,073	$122,748	50.9%
Norwood, NY	1,602	$99,468	22.3%
Canton, NY	6,743	$93,216	14.6%
Rensselaer Falls, NY	422	$92,471	13.7%
Colton, NY	300	$90,434	11.2%
Madrid, NY	829	$89,280	9.8%

Cities with similar population

City	Population	Household Income	National Avg.
Wadley, AL	829	$30,479	62.5%
Teec Nos Pos, AZ	829	$52,078	36.0%
Albany, IL	829	$106,809	31.3%
Brimfield, IL	829	$82,051	0.9%
Castine, ME	829	$207,988	155.7%
Madrid, NY	829	$89,280	9.8%

Source: The Madrid, NY 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.