Madrid is a village in Perkins County, Nebraska, United States. The population was 231 at the 2010 census. It is pronounced "MAD-dridd," rather than the more familiar "Muh-DRIDD" in Spain.HistoryMadrid was platted in 1887 when the railroad was extended to that point. It was named after Madrid, the capital of Spain.GeographyMadrid is located at .According to the United States Census Bureau, the village has a total area of 1.13sqmi, all of it land.Demographics2010 censusAs of the census of 2010, there were 231 people, 96 households, and 63 families residing in the village. The population density was 204.4PD/sqmi. There were 115 housing units at an average density of 101.8/sqmi. The racial makeup of the village was 96.5% White and 3.5% from other races. Hispanic or Latino of any race were 7.4% of the population.There were 96 households of which 28.1% had children under the age of 18 living with them, 58.3% were married couples living together, 4.2% had a female householder with no husband present, 3.1% had a male householder with no wife present, and 34.4% were non-families. 30.2% of all households were made up of individuals and 14.6% had someone living alone who was 65 years of age or older. The average household size was 2.41 and the average family size was 3.03.