Madrid, Nebraska Demographics & Population 2026
During the 2020–2024 ACS period, Madrid, Nebraska had a total population of 226, the 335th largest village in Nebraska, with a median household income of $75,000, which is 2% lower than the state average. The poverty rate is 11.1%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.2x.
- Unemployment rate of 8.3% is notably above the national average.
Madrid Quick Facts
How Madrid Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 253 | 226 | -10.7% |
| Median household income | $71,750 | $75,000 | +4.5% |
| Median home value | $101,300 | $91,300 | -9.9% |
How Madrid Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Madrid Rankings in Nebraska
Explore Nebraska Rankings
Other Cities in Perkins County
Cities Similar to Madrid
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Thedford | 225 | $75,224 | $84,000 | 23.6% | 5.8% |
| Belgrade | 224 | N/A | $42,900 | 12.9% | 16.1% |
| Hordville | 221 | N/A | $95,000 | 9.7% | 3.6% |
| Dwight | 230 | $71,042 | $154,600 | 7.7% | 3.9% |
| Lawrence | 223 | $69,375 | $89,400 | 22.0% | 1.8% |
A note before these figures: with a population of 226, Madrid's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Madrid is a small community located in Nebraska, within Perkins County. The total population is 226. It ranks as the 335th most populous out of 583 Census-designated places in Nebraska.
Age Demographics
The median age in Madrid is 44.0 years. This is 18% higher than the state median of 37.2 years.
Economy, Income & Housing
The median household income in Madrid is $75,000. This is 2% lower than the state median of $76,475. It is also 7% lower than the national median of $80,734. The poverty rate stands at 11.1%. This is 4% higher than the state poverty rate of 10.6%. The unemployment rate is 8.3%. This is 175% higher than the state rate of 3.0%. The median home value is $91,300. Housing costs are 62% lower than the state median of $238,600. With a home-value-to-income ratio of just 1.2x, Madrid is one of the most affordable housing markets in the area. 94.4% of occupied housing units are owner-occupied. This homeownership rate is 42% higher than the state average of 66.5%.
Race & Ethnicity
The largest racial or ethnic group in Madrid is White (non-Hispanic), making up 81.4% of the population. Hispanic or Latino residents account for 3.5%. The Hispanic or Latino population (3.5%) is well below the state average of 12.7%.
Education
13.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 60% lower than the state rate of 34.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 79.4%.
Data Sources & Methodology
All demographic data for Madrid, Nebraska is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 583 Census-designated places in Nebraska. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Madrid, Nebraska?
Madrid, Nebraska has a population of 226 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Madrid, NE?
The median household income in Madrid is $75,000, which is 7% lower than the national median of $80,734.
What is the poverty rate in Madrid, NE?
The poverty rate in Madrid is 11.1%. This means approximately 25 residents live below the federal poverty line.
What is the racial makeup of Madrid, Nebraska?
Madrid's population is 81.4% White, 0.0% Black, 3.5% Hispanic/Latino, and 3.1% Asian.
What is the median home value in Madrid, NE?
The median home value in Madrid is $91,300. The home-value-to-income ratio is 1.2x.
How educated is Madrid, Nebraska?
13.9% of adults (25+) in Madrid hold a bachelor's degree or higher, and 1.2% hold a graduate or professional degree.