In 2023, Madrid, NY had a population of 753 people with a median age of 36.4 and a median household income of $88,500. Between 2022 and 2023 the population of Madrid, NY declined from 822 to 753, a −8.39% decrease and its median household income grew from $83,750 to $88,500, a 5.67% increase.
The 5 largest ethnic groups in Madrid, NY are White (Non-Hispanic) (94.3%), Two+ (Non-Hispanic) (2.52%), Two+ (Hispanic) (1.99%), Asian (Non-Hispanic) (0.797%), and Black or African American (Non-Hispanic) (0.398%).
None of the households in Madrid, NY reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
95% of the residents in Madrid, NY are U.S. citizens.
In 2023, the median property value in Madrid, NY was $136,700, and the homeownership rate was 72.6%.
Most people in Madrid, NY drove alone to work, and the average commute time was 20.6 minutes. The average car ownership in Madrid, NY was 3 cars per household.