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New Madrid County

Learn about the people, housing, costs and businesses in New Madrid County County

Median Home$115,956
Median Rent$714/month
Population15,731
Leading IndustriesInformation & Media · Public Administration · Education8% information & media
Home Value Growth⬆⬆+16.6% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners64% of occupied units
NotableTransit71/100 · excellent transit access
NotableAffordable Market$116k median home · lower cost than 87% of the country
New Madrid County
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Frequently Asked Questions

What are today's mortgage rates in New Madrid County?

As of today, the 30-year fixed mortgage rate for New Madrid County is approximately 7.317% (7.355% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for New Madrid County
What is the median home price in New Madrid County?

The median home value in New Madrid County is $116k. The median monthly rent is $714. Annual property taxes average $860. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Madrid County?

Home values in New Madrid County have increased 16.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in New Madrid County?

Based on a typical all-in ownership cost of $693/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Madrid County is $51k/year.

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What industries drive the economy in New Madrid County?

The largest employment sectors in New Madrid County are public administration (27%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas