Everything You Should Know Before Moving to Madrid, IA
Considering a move to Madrid, IA? This friendly community of 2,800 offers affordable living, with median home prices around $210,000 and rents near $850. Residents enjoy short 24-minute commutes, low crime rates, and a high rate of homeownership. With strong schools, nearby healthcare in Boone and Ames, and a pleasant climate with 61% sunny days, Madrid is a charming, safe place to call home in central Iowa.
Demographics - Madrid, IA
Demographics - Madrid, IA
Madrid, Iowa is a small, close-knit city of about 2,800 residents, predominantly White, with a median age of 40. The community features a balanced gender ratio and a family-friendly atmosphere, with just 2.5% non-English speakers, making it an accessible place for newcomers.
Population:
2,802
Density:
1,050 per sq mi
Median Age:
40.1
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
2.5%
Ethnic Composition
White:
95.0%
Black:
0.5%
Asian:
0.4%
Others:
4.1%
Cost Of Living
What is the average cost of living in Madrid, IA?
Madrid offers a cost-effective lifestyle, with median home values around $210,000 and average rents at $850, both well below national averages. The cost of living index is 89.5, reflecting affordable groceries, utilities, and transportation, making it an attractive option for budget-conscious families.
Median House Value:
$210,000
Gross Rent:
$850
Monthly Electricity Charges:
$120
Auto Insurance:
$1,180
House Owner Cost With Mortgage:
$1,220
House Owner Cost Without Mortgage:
$480
State Taxes:
Low:
4.4%
|
High:
8.53%
Cost Of Living Index:
89.5
Grocery:
93.2
Housing:
79.1
Utilities:
97.8
Transportation:
85.0
Health Care:
96.4
Miscellaneous:
92.6
Crime
Is Madrid, IA a safe place to live?
Madrid is considered a safe place to live, with low violent crime rates—about 1 in 715 chance annually—and property crime remaining below national averages. The overall crime index suggests residents can enjoy peace of mind in their daily lives.
Violent Crimes Per 100k:
140
Property Crimes Per 100k:
1,050
Crime Index:
1,190
Chance Of Violent Crime:
1 in 715
Chance Of Property Crime:
1 in 95
Weather
What is the weather like in Madrid, IA year-round?
Residents in Madrid experience all four seasons, with warm summers reaching up to 85°F and cold winters dipping to 14°F. The area receives about 36 inches of annual rainfall and enjoys sunshine 61% of the year, supporting a pleasant and varied climate.
Winter
Min:
14°F
Max:
32°F
Spring
Min:
38°F
Max:
65°F
Summer
Min:
62°F
Max:
85°F
Fall
Min:
40°F
Max:
67°F
Average Rainfall Inches:
36.4 inches
Sunny Days Percentage:
61%
Neighbors
The community boasts a median household income of $72,100 and a low poverty rate of 6.8%. Most residents commute about 24 minutes to work, and educational attainment is high, with over 93% holding at least a high school diploma.
Median Income:
$41,500
Household Income:
$72,100
Family Income:
$85,600
Per Capita Income:
$34,750
Income Male:
$49,200
Income Female:
$36,800
Poverty Rate:
6.8%
Non English Speakers:
2.5%
Rent:
$850
Unemployment Rate:
2.9%
Public Transport Usage:
0.4%
Commute Time:
23.7 minutes
Education
High School or Higher:
93.5%
Bachelors or More:
23.8%
Education
How are the schools in Madrid, IA?
Madrid is served by strong public schools, including Madrid Elementary and Madrid Jr/Sr High, both offering low student-teacher ratios. Higher education is easily accessible, with Iowa State University just 15 miles away, supporting lifelong learning and career opportunities.
Public Schools
Name:
Madrid Elementary School
Street:
215 W 8th St
Phone:
515-795-3240
Students:
380
Student Teacher Ratio:
13.5
Name:
Madrid Jr/Sr High School
Street:
599 N Kennedy Ave
Phone:
515-795-3240
Students:
340
Student Teacher Ratio:
12.7
Colleges
Name:
Iowa State University
City:
Ames
State:
IA
Distance:
15 miles
Students:
29,800
Healthcare
Healthcare services are easily accessible, with major hospitals located nearby in Boone and Ames providing emergency and general care. Nearly 95% of residents have health insurance, and there are 2.1 physicians per 1,000 people, ensuring solid medical support for families.
Major Hospitals
Name:
Boone County Hospital
Address:
1015 Union St, Boone, IA 50036
Phone:
(515) 432-3140
Type:
General & Surgical
Emergency Services:
Yes
Name:
Mary Greeley Medical Center
Address:
1111 Duff Ave, Ames, IA 50010
Phone:
(515) 239-2011
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.1
Health Insurance Coverage:
94.8%
Health Care Index:
75.7
Housing Market
What is the housing market like in Madrid, IA?
Madrid’s housing market is predominantly owner-occupied, with 77% of homes owned and a median price of $210,000. Home values have appreciated by 4.6% over the past year, and rental options remain affordable with an average rent of $850 for a two-bedroom unit.
Median Home Price:
$210,000
Average Rent For 2 Bedroom:
$850
Owner Occupied Rate:
77.4%
Rental Vacancy Rate:
5.0%
Home Appreciation Rate (1yr):
4.6%
New Construction Rate:
1.1%
Foreclosure Rate:
0.4%
DMV Information
DMV services for Madrid residents are provided by the Iowa Department of Transportation, with the nearest office in Ankeny. Residents can access driver licensing, vehicle registration, and other services online or by phone for convenience.
State:
Iowa
Department:
Iowa Department of Transportation
Address:
6310 SE Convenience Blvd, Ankeny, IA 50021
Phone:
1-515-244-8725
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.