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Madrone, New Mexico

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
295
Population
$18,704
Median Income
$49,800
Home Value
58.7
Median Age

Demographics

Madrone has a population of 295 with a median age of 58.7. Here is the racial and ethnic breakdown of the population:

Hispanic
58.3%
White
35.9%
Other
5.8%
Demographic Value
Total Population295
Median Age58.7
White35.9%
Hispanic or Latino58.3%
Other / Two or More Races5.8%
Madrone, New Mexico — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.Hispanic/Latino: 58.3%White: 35.9%Other: 5.8%295PopulationHispanic/LatinoHispanic/Latino58.3%WhiteWhite35.9%OtherOther5.8%

Income & Economy

The median household income in Madrone is $18,704, which is 76.8% below the national median of $80,610. The per capita income is $17,076. The poverty rate is 35.3%.

$18,704
Median Household Income
$17,076
Per Capita Income
35.3%
Poverty Rate

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Education

In Madrone, 78.0% of residents age 25+ have a high school diploma or higher.

HS Diploma+
78.0%
Education Level % of Adults (25+)
High School Diploma or Higher78.0%

Housing

The median home value in Madrone is $49,800, below the national median of $303,400. The median monthly rent is $1,153. The homeownership rate is 88.3%.

$49,800
Median Home Value
$1,153/mo
Median Rent
88.3%
Homeownership Rate
Housing Metric Value
Median Home Value$49,800
Median Monthly Rent$1,153
Homeownership Rate88.3%
Vacancy Rate8.0%

Salaries in New Mexico

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Frequently Asked Questions

What is the population of Madrone, New Mexico?
The population of Madrone, New Mexico is 295 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Madrone, New Mexico?
The median household income in Madrone, New Mexico is $18,704. This is 76.8% below the national median of $80,610.
What is the median home value in Madrone, New Mexico?
The median home value in Madrone, New Mexico is $49,800. The median monthly rent is $1,153.
Is Madrone, New Mexico an affordable place to live?
The home price-to-income ratio in Madrone, New Mexico is 2.7x (median home value $49,800 vs. median income $18,704), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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