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Madrid, IA
City in Boone County, Iowa.
Population
2,808
Land area
1.2sq mi
People per sq mi
2,294
ZIP codes
0
Madrid and its ZIP codes
Madrid at a glance
- Madrid is about 40 times as dense as Iowa as a whole.
- It is the 128th most populous of 1,017 cities and towns in Iowa.
- Households here earn a median of $89,844 a year, 20% more than the Iowa figure of $75,059.
- A typical owner-occupied home is valued at $185,600 (11% below Iowa) and median rent is $1,029 a month.
Local data for Madrid, IA
Counts from official public data
Housing and community stats
Madrid, IA, American Community Survey 2020-2024
Median household income
$89,844
Poverty rate
6.3%
Median home value
$185,600
Median rent
$1,029/mo
Homeownership
84.0%
Bachelor's or higher
22.8%
Median age
40.3
Average commute
26.7 min
Largest reported origins and ancestries: German Americans (1,028), Irish Americans (385), Norwegian Americans (156).
Economy and federal money
Jobs, pay, income and spending are for Boone County. PPP loans are for Madrid.
Unemployment rate
2.4%
Sep 2026, -0.1 pts in a year
Average annual pay
$54,858
8,838 jobs, 2025
Income per person
$58,564
BEA, 2024
Federal spending
$182M
FY 2026, $6,808 per person
How people get to work
Madrid, IA, workers 16 and older. American Community Survey 5-year estimates
- Drove alone73.8%
- Carpooled7.6%
- Public transit0.1%
- Walked0.5%
- Bicycle0.0%
- Taxi, ride-hailing, motorcycle or other0.6%
- Worked from home17.3%
Average one-way commute: 26.7 minutes for people who do not work from home.
Environment and hazard risk
Madrid, IA, from FEMA, NOAA and EPA
Natural hazard risk
Very Low
Top: drought
Storm events since 1996
720
Countywide, mostly thunderstorm wind
Flood insurance policies
25
0.2% of homes, county
July high / Jan low
84° / 12°F
35.9 inches of rain a year
Hazards, floods and storm historyCheck a flood zone1 historic places
Health statistics
Share of adults in Madrid, IA, CDC PLACES estimates
Obesity
40.9%
U.S. 33.3% +7.6 pts
Diabetes
9.9%
U.S. 12.1% -2.2 pts
Smoking
12.7%
U.S. 12.8% about the same
Uninsured (18-64)
5.9%
U.S. 11.1% -5.2 pts
Cities near Madrid
| Name | Distance | Land area (sq mi) |
|---|---|---|
| WoodwardCity | 5.2 mi | 3.6 |
| LutherCity | 6.3 mi | 0.6 |
| SheldahlCity | 6.5 mi | 0.8 |
| SlaterCity | 6.8 mi | 1.9 |
| Polk CityCity | 8 mi | 5.6 |
| GrangerCity | 8.3 mi | 2.5 |
| KelleyCity | 9.8 mi | 0.7 |
| BoutonCity | 9.8 mi | 0.1 |
| AllemanCity | 12 mi | 2.9 |
| HuxleyCity | 12 mi | 3.4 |
| BooneCity | 13 mi | 9.1 |
| JohnstonCity | 13 mi | 19.5 |
| MinburnCity | 13 mi | 0.3 |
| GrimesCity | 14 mi | 13.1 |
| PerryCity | 14 mi | 5.8 |
| CambridgeCity | 15 mi | 1.3 |
Frequently asked questions
- What county is Madrid, IA in?
- Madrid is in Boone County, Iowa.
- What is the population of Madrid, IA?
- About 2,808 people live in Madrid, based on American Community Survey 5-year estimates.
- What cities are near Madrid?
- Nearby places include Woodward (5.2 mi), Luther (6.3 mi), Sheldahl (6.5 mi), Slater (6.8 mi), Polk City (8 mi).
Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023