Madrone, NM
Population 345 · New Mexico
About Madrone, NM
Madrone is a small community located in New Mexico with a population of 345 residents according to the latest US Census Bureau American Community Survey data. The median household income is $18,241 per year, which is 76% below the national median of $75,149. The median age of 45.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Madrone features a median home value of $48,000, which is 80% below the national median of $244,900. This makes Madrone one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 171 total housing units, 89% are owner-occupied (137 units) and 11% are renter-occupied (17 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Madrone shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 38.6%, above the national average of 12.4%. Workers in Madrone have an average one-way commute time of 73.9 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
0.0% of Madrone residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 73.3% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 2.3% Asian residents, with 27.0% of the population being foreign-born.
How Madrone Ranks in New Mexico
Cost of Living in Madrone, NM
Compared to national averages, Madrone has a median household income of $18,241 (76% below the national median of $75,149). Home values average $48,000, which is 80% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Madrone's income is 73% below the state average of $67,435, and home values are 79% below the state median of $233,762.
Why Live in Madrone, NM?
Madrone offers affordable housing with a median home value of $48,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($18,241) that falls below the national average. However, Madrone’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Madrone has a population of 345 with a median age of 45.9 years. Compare Madrone with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Madrone
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Haystack | 347 | $19,074 | $109,300 | Compare |
| Timberlake | 341 | $0 | $216,700 | Compare |
| Vadito | 340 | $57,083 | $143,800 | Compare |
| Hyde Park | 338 | $182,446 | $1,100,000 | Compare |
| Morningside | 352 | $0 | $0 | Compare |
| North Acomita Village | 338 | $43,000 | $52,700 | Compare |
| Highland Meadows | 332 | $0 | $130,500 | Compare |
| Las Palomas | 332 | $0 | $104,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Mexico
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Madrone With Other Cities
Frequently Asked Questions about Madrone
What is the population of Madrone, NM?
The population of Madrone, NM is 345 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New Mexico.
What is the median household income in Madrone?
The median household income in Madrone, NM is $18,241 per year, which is 76% below the national median of $75,149.
What is the median home value in Madrone?
The median home value in Madrone, NM is $48,000, which is 80% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Madrone?
The median monthly rent in Madrone, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Madrone?
The unemployment rate in Madrone, NM is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Madrone, NM a good place to live?
Madrone offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 345 and a median age of 45.9, the city appeals to established professionals and retirees.
How educated is Madrone, NM?
0.0% of residents in Madrone aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Madrone?
Key cost-of-living indicators for Madrone, NM: median home value is $48,000 (80% below national), median rent is $0/month, and median household income is $18,241. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Madrone?
The poverty rate in Madrone, NM is 38.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Madrone, NM?
Madrone's population is 73.3% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 2.3% Asian, and 0.0% two or more races. 27.0% of residents are foreign-born.