Palacio is a neighborhood in district 1 of Madrid, home to around 22,955 residents. On ESmap's open-data scores, its strongest dimension is urban convenience (#12 of 131) and its weakest is peace and green space (#86 of 131).
💰 Wealth & status
In socioeconomic terms, Palacio is around the city average for income, with a net household income of about €48,049 per year (INE 2023).
🌳 Calm & green
For peace and green space, Palacio is busier and less green than average; green zones cover about 556,393 m² of the area.
🚇 Urban convenience
Palacio is extremely well served by transit and amenities — a measure of how close bus stops, municipal services and everyday amenities are.
👨👩👧 Family-friendly
For families, Palacio is about average for family infrastructure; children under 18 make up 7.8% of residents and households average 2.0 people.
Key statistics
Population (2023)
22,955
Net household income (€/yr, 2023)
€48,049
Median year of construction
1900
Buildings built after 2000
3.6%
Dwellings
13,720
Green-zone area
556,393 m²
Mean age
45.6
Residents under 18
7.8%
Residents 65+
19.8%
Spanish-born residents
79.1%
Average household size
2.0
Area
1.46 km²
Questions & answers
Is Palacio a good neighborhood for families?
For family infrastructure Palacio ranks 77 of 131 neighborhoods in Madrid, so it is about average for family infrastructure. Children under 18 make up 7.8% of residents and the average household has 2.0 people.
Is Palacio a quiet, calm area?
For peace and green space Palacio ranks 86 of 131 neighborhoods, so it is busier and less green than average. Green zones cover about 556,393 m² of the area.
Is Palacio well connected and convenient?
For everyday convenience Palacio ranks 12 of 131 neighborhoods, so it is extremely well served by transit and amenities — based on the density of bus stops, municipal services and amenities.
Is Palacio an affluent or expensive area?
The net household income in Palacio is about €48,049 per year (INE 2023). It ranks 66 of 131 neighborhoods in Madrid, so it is around the city average for income.
Where is Palacio?
Palacio is a neighborhood in district 1 of Madrid; its approximate center is 40.4150, -3.7156.