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New Site

Learn about the people, housing, costs and businesses in New Site, Mississippi

Median Home$98,300
Median Rent$610/month
Population119
Leading IndustryProfessional Services2% of local workforce
Home Value Growth⬆⬆+15.4% over 2 years
Retirees22% of residentsnear the national average
Homeowners87% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableAffordable Market$98k median home · lower cost than 92% of the country
New Site
MS

Frequently Asked Questions

What are today's mortgage rates in New Site?

As of today, the 30-year fixed mortgage rate for New Site is approximately 6.924% (6.961% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in New Site?

The median home value in New Site is $98k. The median monthly rent is $610. Annual property taxes average $586. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Site?

Home values in New Site have increased 15.4% 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 Site?

Based on a typical all-in ownership cost of $594/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Site is $51k/year.

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What industries drive the economy in New Site?

The largest employment sectors in New Site are public administration (23%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.