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Madrid village, NE

ZIP Code 69150 — Madrid village, NE Demographics & Data

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Map, Quick Facts & Location

Quick Facts

Local time
Population
379
Median Income
$85,521
+14% vs US avg
Home Value
$177,000
-49% vs US avg
Median Rent
$583
-50% vs US avg
Median Age
30.3 yrs
-22% vs US avg
Area Code
Congress
Top Ancestry
GermanAmericanEnglish
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Location
Coordinates
40.8477, -101.5431
Elevation
3,200 ft
Land Area
168.6 sq mi
Water Area
0.2 sq mi (0% water)

At a glance

Population
379
Density
N/A
Median income
$85,521
+14% vs US avg
Home value
$177,000
-49% vs US avg
Median rent
$583
-50% vs US avg
Timezone

Overview of ZIP Code 69150

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What to know about ZIP 69150

ZIP code 69150 covers Madrid, NE in Perkins County with a population of about 379.

At a glance, the area shows median age of 30.3 versus a U.S. median of about 38.9.

It sits in telephone area code 308; U.S. House district NE-3; the LINCOLN & HSTNGS - KRNY media market.

Income and economy in Madrid, NE

Median household income in ZIP 69150 is about $85,521 — about 14% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 7.1%; unemployment rate near 4.7%; 11.6% of adults with a bachelor’s degree or higher (about 22.1 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Agriculture, Healthcare, and Education; about 9.0% of workers reporting work-from-home (about 6.2 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 69150

Median home value is about $177,000 — about 49% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $583 (about 50% below the U.S. median rent ($1,163)), and owner-occupancy near 90.7% (about 25.3 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 69150 in Madrid, NE, a household would need roughly $49,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,137. That sits below the local median household income ($85,521), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate risk and migration signals

FEMA’s National Risk Index rates natural-hazard risk for Madrid village, NE as Very Low (composite score 4.4), which is relatively lower than many U.S. communities. The strongest component scores on US5 are wildfire (17.2) and flood (2.3). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Madrid village, NE show little to no average snow and around 21.4 inches of annual precipitation.

IRS migration statistics show a net inflow of about 24 for ZIP 69150 (Madrid village, NE) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Nearby (from this ZIP)

Airport LBF (48.8 miles (78.5 km)) · Mid-Plains Community College (43.7 miles (70.3 km)) · Mormon Pioneer National Historic Trail (32.7 miles (52.7 km)) · VA: North Platte VA Clinic (45.1 miles (72.6 km))

Full lists and map pins are in the Infrastructure section below.