Income & Economy in Madrone, NM

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

Income Overview

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

Median Household Income

$18,241

-75% vs national

Per Capita Income

$15,241

-59% vs national

Poverty Rate

38.5%

+183% vs national

Gini Index

0.4148

0 = perfect equality

Unemployment

3.7%

-29% vs national

SNAP Recipients

34.4%

of households

How Madrone Compares

Source: Census ACS (2023)

Madrone vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Madrone is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Madrone. The median household income here is $18,241.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
62.3%
$25-50K
9.1%
$50-75K
16.2%
$75-100K
12.3%

Employment Snapshot

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

Unemployment Rate

3.7%

-42% vs NM avg

Labor Force

108

Employed

104

Mean Commute

74 min

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+

0.0%

of adults 25+

High School Diploma+

35.6%

of adults 25+

Median Age

45.9

Work from Home

0.0%

of workers

The median household income in Madrone, NM is $18,241, which is 75.1% below the national average of $73,224. Per capita income is $15,241. The poverty rate of 38.5% is higher than the NM state average of 20.1%. The Gini index of income inequality is 0.4148, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.7%, compared to the state average of 6.4%. 0.0% of adults hold a bachelor's degree or higher. The average commute time is 74 minutes, with 0.0% working from home.