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All About

Living In Madrid, IA

Madrid is a small town in Iowa with a population of slightly less than 3,000. It's a nice place to settle down, as retirees make up a greater percentage of the population (17%) here than they do nationally (14%), while young adults are less well-represented. Only 21% of residents rent in Madrid, as home ownership is common in the town. With an average rent of $879/month, exceeding the state average by $69 per month, relatively high rent costs may play a role in the higher levels of ownership.

Averaging about 26 minutes, Madrid's commute time is longer than the Iowa average of about 20 minutes. Driving a vehicle is the most common mode of getting to work, opted for by 46% of commuters, while public transit is not extensively used. Few workers commute on foot.

There are two primary industries in Madrid: healthcare and retail. Together, these industries account for 19% of the town's labor force. Meanwhile, in terms of job function, 9% of the town's population works in sales, making it the top profession in the town. With an average annual income of nearly $70,000, Madrid workers bring in roughly the same as their peers elsewhere in Iowa. Madrid's average income also is fairly average compared to the national level ($73,345). Compared to the national average (5%), Madrid has a high concentration of residents older than 25 who have earned an Associate's degree (8%). Further, 11% possess a Bachelor's degree and 3% have earned a Master's or Doctoral degree.


Frequently Asked Questions About Madrid

Looking for a cheap Madrid apartment?

For the best deal, we recommend using our cheap apartments filter.

How Many Bedrooms Do You Need?

Are you living by yourself, with your family, or do you have roommates? Choose the number of bedrooms that match your needs: Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom.

How Can I Tour Virtually During Covid19 & Social Distancing?

You can virtually tour any apartment by using our Madrid, IA Virtual Tours filter. All properties in this filter contain either a 3d tour or a video tour.

Do you need a pet-friendly Madrid apartment?

If you have a dog or cat, you'll need to find an apartment in Madrid that accepts pets. Apply Apartment Guide's pet friendly filter to see only Madrid apartments that accept pets. Remember to read the apartment's specific guidelines for acceptable pet breeds and weights if applicable.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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