Madrid village, Nebraska Demographics & Population 2026

Population Overview

Madrid village is a small community located in Nebraska. The total population is 253. It ranks as the 318th most populous out of 584 cities and towns in Nebraska.

Age Demographics

The median age in Madrid village is 40.9 years. This is 10% higher than the state median of 37.1 years.

Economy, Income & Housing

The median household income in Madrid village is $71,750. This is 4% lower than the state median of $74,985. Compared to the national median of $78,538, household income here is 9% lower. The poverty rate stands at 10.7%. This is 4% higher than the state poverty rate of 10.3%. The unemployment rate is 7.0%. This is 134% higher than the state rate of 3.0%. The median home value is $101,300. Housing costs are 55% lower than the state median of $223,800. With a home-value-to-income ratio of just 1.4x, Madrid village is one of the most affordable housing markets in the area. 92.9% of occupied housing units are owner-occupied. This homeownership rate is 40% higher than the state average of 66.5%.

Race & Ethnicity

The largest racial or ethnic group in Madrid village is White (non-Hispanic), making up 85.0% of the population. Asian residents account for 3.6%. The Hispanic or Latino population (2.0%) is well below the state average of 12.3%.

Education

12.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 62% lower than the state rate of 34.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 77.6%.

Data Sources & Methodology

All demographic data for Madrid village, Nebraska is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 584 Census-designated places in Nebraska. For official data, visit data.census.gov.