Income & Economy in Madrid, NM

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

N/A

Per Capita Income

$26,818

-28% vs national

Poverty Rate

52.4%

+285% vs national

Gini Index

0.7218

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

4.0%

of households

How Madrid Compares

Source: Census ACS (2023)
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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Madrid.

$

Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
80.2%
$25-50K
4.0%
$50-75K
5.9%
$100-150K
5.9%
$200K+
4.0%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.0%

-100% vs NM avg

Labor Force

54

Employed

54

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

91.9%

of adults 25+

High School Diploma+

96.8%

of adults 25+

Median Age

59.6

Work from Home

0.0%

of workers

The median household income in Madrid, NM is N/A. Per capita income is $26,818. The poverty rate of 52.4% is higher than the NM state average of 20.1%. The Gini index of income inequality is 0.7218, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 6.4%. 91.9% of adults hold a bachelor's degree or higher.