Madrid, IA Profile: Facts, Map & Data

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Madrid, Iowa - Basic Facts

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The City of Madrid had a population of 2,761 as of July 1, 2017. Madrid ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Iowa. See peer rankings below.

The primary coordinate point for Madrid is located at latitude 41.8756 and longitude -93.8201 in Boone County. The formal boundaries for the City of Madrid (see map below) encompass a land area of 1.19 sq. miles and a water area of 0 sq. miles. Boone County is in the Central time zone (GMT -6). The elevation is 1,020 feet.

The City of Madrid (GNIS ID: 2395812) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Madrid is located within Township of Douglas, a minor civil division (MCD) of Boone County.

Beneath the boundary map are tables with Madrid population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.


EXTREMELY LOCAL Demographic Data

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City of Madrid, IA Boundary Map



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Boundary Maps: Township of Douglas | Boone County | Iowa Counties

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Madrid, IA Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 2,761
Daytime Population: Workers 547
Daytime Population: Residents 1,331
Total Daytime Population (TDP) 1,878
Ratio TDP/Total Population1 0.68
Population in Households 2,665
Population in Familes 2,155
Population in Group Qrtrs 96
Population Density2 2,322
Diversity Index3 7
 

INCOME

Median Household Income $53,376
Average Household Income $62,756
Per Capita Income $26,049

HOUSING

Total Housing Units 1,231 (100%)
Owner Occupied HU 830 (67.4%)
Renter Occupied HU 305 (24.8%)
Vacant Housing Units 96 ( 7.8%)
Median Home Value $116,468
Average Home Value $125,483
 

HOUSEHOLDS

Total Households 1,135
Average Household Size 2.35
Family Households 747
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 1.14% 0.94%
Households 1.15% 0.97%
Families 1.26% 0.89%
Median Household Income   1.25%
Per Capita Income   1.98%

Madrid, IA - Peer Comparisons by Rank and Percentile

The table below compares Madrid to the other 1,009 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 125 88th
Population Density # 16 99th
Diversity Index # 733 28th
Median Household Income # 541 46th
Per Capita Income # 637 37th

Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.

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