Economy

Looking for a place to locate your business or your family? Madrid is a great place to live and do business! In addition to a convenient location close to many major employers, Madrid provides the benefits of a small town, including K-12 education, a variety of student activities, several day-care options, the High Trestle Trail, a range of housing, services and activities for senior citizens, and many active community organizations.

Employment

Employment is available both locally and in nearby communities. The many commuters to the communities of Des Moines, Ames, Ankeny, Boone, Perry and others find Madrid a convenient place to live. Mean travel time to work for Madrid residents is 27 minutes (U.S. census 2000).

Major employers in Madrid include the Madrid Home for the Aging and the Madrid Community Schools. Other local employers include Continental Labs and a wide variety of small businesses providing nationwide, regional and local products and services. Check out our job board for current openings.

Population

Madrid’s population is approximately 2,400 (2009 U.S. census estimate of 2,360).  Most residents live in owner-occupied housing, although rental housing is available as well.  Madrid has a higher-than-average proportion of residents over 65 due to the presence of the Madrid Home for the Aging, but it also has a higher-than-average proportion of residents under 18 and a kindergarten through 12th grade school system (see Madrid Schools).

Commercial Development

Commercial development lots are available at the Southern Prairie Development area on the south side of Madrid. Existing commercial buildings are available in downtown Madrid as well as other locations around town. Madrid also provides tax incentives for certain types of development. Madrid zoning districts can be found on the city website; contact a local realtor or the Madrid City Administrator for more information.

Residential Development

Residential development lots are available at the Southern Prairie Development area on the south side of Madrid, Maple Ridge on Madrid’s north side, the Dalander Park area, and Swede Point Acres west of Madrid. Madrid zoning districts can be found on the city website; contact a local realtor or the Madrid City Administrator for more information.