Madrid, a city located in the state of New York (NY), is home to a population of approximately 1,797 people. Madrid boasts a median age of 34, with around 18.7% of its residents aged 60 or above. 11.1% of the population identifies as US Veterans. 18.8% of Madrid residents are disabled. The city has an average household income of $65,438, while the unemployment rate stands at 10.3%, and around 28.2% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Madrid is $125,936, with a monthly rent averaging $813.