Cost of Living in New Madrid County, Missouri
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How New Madrid County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
New Madrid County ranks #484 of 3,142 counties for affordability (top 15%)
Sourced county brief
New Madrid County Median Home Value Estimated at $111,800
The median home value in New Madrid County is $111,800, which is $63,912 below the Missouri state unweighted county mean of $175,712. The official median gross rent as a percentage of household income (GRAPI) is 27.6%, which is 1.7 percentage points higher than the state unweighted county mean of 25.9%. The median gross rent was estimated at $729, which is $54 below the state unweighted county mean of $783. Median selected monthly owner costs for all owner-occupied units are $646, compared to a state unweighted county mean of $803. The median household income for renters is $32,138. These statistics are based on the U.S. Census Bureau ACS 2020-2024 5-Year Estimates including tables B25064, B25071, B25077, B25088, and B25119. Data version acs5-2020-2024 and methodologyVersion cost-brief-v1 were last reviewed at 2026-07-10. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: New Madrid County
Affordability Verdict
ACS B25071 estimates median gross rent at 27.6% of renter household income in New Madrid County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $729 per month; median selected monthly owner costs are $646. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $29,160 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Missouri unweighted mean of county median rents is $783 per month. New Madrid County's $729 median is 6.9% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in New Madrid County
Rent Burden
16.9%
of gross income
Max Housing (28% Rule)
$1,211
per month
Owner Cost Burden
14.9%
of gross income
You can likely afford the median home in New Madrid County
Median home value is $111,800. Estimated monthly cost: $893 vs. your max of $1,211.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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