In the present day, it is recognized for its significant residential growth and cultural diversity, characteristics that have established it as a prominent commuter town within the metropolitan area of Bogotá.

This pre-Columbian community established settlements near essential water sources, such as the Subachoque River and Lake La Herrera, which were integral to their subsistence as well as their ritual and ceremonial practices.

Archaeological evidence from the region, including remnants of funerary complexes and structures potentially used for astronomical observation, suggests a symbolic and economic relationship with water.

Administered from Bacatá (present-day Funza), the zipazgo included Tibaitatá, which was governed by Chief Sugasuca, a prominent leader responsible for overseeing agricultural production.

The fertile lands of Tibaitatá were crucial for sustaining Muisca society and, upon the arrival of Spanish conquerors on the Bogotá Savanna, became highly coveted for their agricultural potential.

In more recent times, figures such as Rafael Reyes, instrumental in the nation’s modernization, and Alfonso López Pumarejo, a reformist president of considerable influence, have further shaped the history and legacy of Madrid.

This area encompasses diverse landscapes and supports rich biodiversity, serving as a habitat for numerous bird species, insects, and native plant varieties.

Renowned figures such as Justino Mariño and Andrés M. Díaz have made lasting contributions to both the local and national aviation communities, reinforcing Madrid's significance in this domain.

The historic visit of Charles Lindbergh further highlights the municipality's importance, leaving a profound impact on its identity and solidifying its legacy within the broader context of Colombian aviation.

The most widely accepted hypothesis, advanced by Arabist Jaime Oliver Asín, suggests that the name derives from the Andalusi Romance term Matrice, meaning mother stream or matrix.

For an extended period, the dual toponyms Maǧrīţ and Magerit coexisted, used respectively by the Muslim and Christian communities residing on the hills of Almudena and Vistillas in Madrid, Spain.

This etymological and historical context has been further explored and refined through the comprehensive studies of Joan Coromines and Federico Corriente Córdoba, whose meticulous analyses have significantly deepened the understanding of the name Madrid.

The name of the Spanish Madrid originates from the ancient Arroyo de San Pedro, a stream that once flowed through Segovia Street, and its etymology traces back to Andalusian and Mozarabic linguistic roots.

Madrid, located in the department of Cundinamarca, forms part of the western subregion of the Bogotá Savanna and lies within the first metropolitan ring of the capital, situated just 21 kilometers away.