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AREA INFORMATION

Madrid, NM

Explore the real estate in Madrid, NM

Area Highlights

Madrid, NM residents have a median age of 58.6 years old, with employment highest in the food and sales industries.

252 Population

The population has increased by 2% since the year 2010.

145 Households

$38,429 /yr
Median Household Income

$276,875
Median Home Sale Price

33m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

58.6 Median Age

Average Household Size

1.7
persons per
household

35.2%

Married Households

Community Population By Education

Bachelors Degree 35%
Some College 32%
Graduate Degree 17%
High School Graduate 11%
Associates Degree 4%
Some High School <1%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 35.14% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
6.2% of households have children

Economics

$38,429 /yr
Median Household Income
$276,875
Median Sales Price
33 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 25.52% of the households.

Transportation to Work

  • Drive 88%
  • Work from Home 12%
  • Public Transit 0%
  • Walk or Bike 0%

Occupancy by Type

Owned 89 51%
Rented 56 32%
Vacant 31 18%

White vs Blue Collar Jobs







White Collar 81%
Blue Collar 19%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 58.6 years old. The smallest percentage group is 55-64 years and the largest percentage is the 12-17 years age range.

Community Population By Ethnicity

White 82%
Hispanic 12%
Other 3%
Black 2%
Asian 1%
Native American 1%
The most prevalent ethnicity is White at 82%, followed by Hispanic at 12%, Other at 3%, and Black at 2%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

88° July
Hottest Average Month
19° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
19°
44°
Feb
23°
49°
Mar
27°
56°
Apr
34°
66°
May
43°
75°
Jun
52°
85°
Jul
57°
88°
Aug
56°
85°
Sep
49°
79°
Oct
38°
68°
Nov
27°
53°
Dec
19°
45°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$89,998
For sale
48.47 acres

258 Red Rock
Cerrillos, NM 87010

$150,000
For sale
0.17 acres

9 River Street
Cerrillos, NM 87010

$229,000
For sale
80 acres

460 Camino Cerro Chato
Cerrillos, NM 87010

View More Homes

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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