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Madrid, Colima

Jobs & Economy in Madrid

Detailed jobs & economy data — sourced from authoritative datasets and normalized for direct comparison.

Jobs & Economy in Madrid, Colima

The local economy of Madrid is primarily anchored by agriculture, local commerce, and small-scale services. Many residents are engaged in farming, livestock, and the distribution of regional agricultural goods like citrus and papayas. Additional employment opportunities are found in nearby commercial hubs within the municipality of Tecomán and the city of Colima. While high-tech and corporate remote work opportunities are scarce locally, traditional trade and service sectors provide steady employment.

Economy & Jobs

Average Salary
$7,200
Unemployment
3.20%
GDP
$0.0B
Business Score
52

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About Madrid, Colima

Madrid, Colima is a charming and tranquil locality situated within the state of Colima in western Mexico. Known for its rural appeal, warm community atmosphere, and close proximity to the state capital, it offers a peaceful retreat from major urban congestion. The region has a rich agricultural heritage, deeply tied to the cultivation of tropical fruits and local crops. Residents and visitors appreciate the relaxed pace of life, surrounded by scenic landscapes typical of Colima's interior valley regions.

About Colima

Colima, a small but densely populated state in west-central Mexico, is known for its tropical savanna climate with warm temperatures year-round and distinct wet and dry seasons. The economy is driven by a strong service sector, including banking, retail, and tourism, particularly in coastal Manzanillo, with light manufacturing (salt and food processing) and agriculture (lemons, coconuts, mangoes) also contributing significantly. Living in Colima generally offers a low cost of living compared to larger Mexican cities, with affordable rent and transportation. The lifestyle is characterized by immersion in Mexican culture, with a warm climate that rarely drops below 52°F or exceeds 94°F.

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