Madras is a city in Oregon state in USA with a population of 6934 residents..
The poverty rate of Madras is 20.1%, which is 44% higher than national average.
The typical household in Madras earns $39107 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.1% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Madras are struggling financially. Nearly one in every 1 in every 8 workers in Madras is unemployed.
The unemployment rate of Madras remained 12.2%, which is 160% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census.
Cost of living in Madras is 102, which is 2% higher than national average.
In Madras, only 19% of adults have a bachelor's degree and 36% have some college but no degree.
Median home value in Madras is $201900 , which is 12% lower than national average.
While median income in Madras remained $39107, which is 42% lower than national average.