Iowa · IA
Madrid renovation costs
Official wage and housing data for Madrid, Iowa. Use the calculator to estimate a project with your own prices.
Pick a project, confirm Madrid as your city, and enter your own labor hours and prices. The calculator applies the official local wages shown below.
About Madrid
- Median home value
- $185,600
Housing figures: US Census ACS (2024), published for Madrid (Census place 1948450).
Construction wages near Madrid
Hourly wages for construction trades in the Ames, IA labor market (2025). The calculator's low, typical and high scenarios use the 25th percentile, median and 75th percentile of these wages.
| Trade | Low (25th) | Typical (median) | High (75th) | Workers |
|---|---|---|---|---|
| Construction Laborers | $22.00 | $23.95 | $28.36 | 600 |
| Carpenters | $23.02 | $26.75 | $29.62 | 210 |
| Electricians | $23.08 | $30.44 | $38.00 | 210 |
| Heating, Air Conditioning, and Refrigeration Mechanics and Installers | $23.96 | $29.05 | $35.36 | 190 |
| Plumbers, Pipefitters, and Steamfitters | $24.27 | $30.68 | $37.06 | 160 |
| Construction Managers | $40.51 | $46.50 | $59.20 | 120 |
| Painters, Construction and Maintenance | $18.24 | $21.53 | $29.21 | 70 |
Source: BLS OEWS, 2025. 7 wage records cover this labor market.
Estimate a renovation in Madrid
Choose a project below. You enter your own labor hours and material prices; the calculator combines them with the official local wages above and shows every step of the math.