Madrid

Population: 248
Median home value: $380,000

Madrid is a community in Santa Fe County, New Mexico, home to 248 residents. Its median home value of $380,000 runs below the Santa Fe County figure of $416,900.

From 2019 to 2023, Madrid's population grew 13.8% from 218 to 248, while its median home value rose 96.6% from $193,300 to $380,000.

White (non-Hispanic) residents are the largest group, 87.1% of the population. 14.8% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 248
Median age: 59.6 yrs
Median household income: —
Median home value: $380,000
Median gross rent: —
Housing units: 275
Homeownership rate: 23.8%
Bachelor's degree or higher: 91.9%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

218248

Median home value

$193,300$380,000

Year	Population	Median home value
2019	218	$193,300
2020	321	$191,700
2021	276	$211,100
2022	287	$306,900
2023	248	$380,000

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 50.0%

5 to 170.0%

18 to 240.0%

25 to 340.0%

35 to 440.0%

45 to 5413.7%

55 to 6454.0%

65 to 7425.8%

75 and over6.5%

	Count	Share
Under 5	0	0.0%
5 to 17	0	0.0%
18 to 24	0	0.0%
25 to 34	0	0.0%
35 to 44	0	0.0%
45 to 54	34	13.7%
55 to 64	134	54.0%
65 to 74	64	25.8%
75 and over	16	6.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	216	87.1%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	32	12.9%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma0.0%

High school graduate4.8%

Some college or associate's3.2%

Bachelor's degree60.5%

Graduate or professional degree31.5%

	Count	Share
No high school diploma	0	0.0%
High school graduate	12	4.8%
Some college or associate's	8	3.2%
Bachelor's degree	150	60.5%
Graduate or professional degree	78	31.5%

Commute to work

Drove alone14.8%

Carpooled14.8%

Public transit0.0%

Walked70.4%

Bicycle0.0%

Worked from home0.0%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	8	14.8%
Carpooled	8	14.8%
Public transit	0	0.0%
Walked	38	70.4%
Bicycle	0	0.0%
Worked from home	0	0.0%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	46	85.2%
15 to 29 min	0	0.0%
30 to 44 min	0	0.0%
45 to 59 min	8	14.8%
60+ min	0	0.0%

Households

Average household size: 1.23
Poverty rate: 52.4% (130 of 248)

	Count	Share
Family households	28	13.9%
Nonfamily households	174	86.1%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	202	73.5%
Vacant	73	26.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	48	23.8%
Renter-occupied	154	76.2%

1-unit, detached84.0%

1-unit, attached0.0%

2 to 4 units16.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	231	84.0%
1-unit, attached	0	0.0%
2 to 4 units	44	16.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3546100
Type (LSAD): 57
Land area: 1.39 sq mi
Water area: 0 sq mi
Center point: 35.4033, -106.1538