New Madrid
New Madrid city, Missouri
If you're seeking a life far from the hustle and bustle, New Madrid, Missouri, offers a refreshingly affordable existence. Imagine a place where a home costs around $110,000, a stark contrast to the national median of $350,000. With a population of just 2,761, it's a tight-knit community where neighbors know each other and the pace of life slows to a comfortable rhythm. Picture yourself enjoying the simple pleasures, the kind of days where the cost of living doesn't weigh you down. You'll find a lifestyle that prioritizes community and affordability, a world away from the pressures of big-city living.
From an investment perspective, New Madrid presents a compelling opportunity, particularly for those seeking an affordable entry point into the real estate market. While the median household income is $42,443, significantly lower than the national average, the low cost of living allows for a comfortable lifestyle. This area is ideally suited for first-time homebuyers, retirees looking to stretch their dollars, or anyone seeking a peaceful, safe environment. While specific employment data isn't available, the strong sense of community and affordable housing market makes New Madrid an attractive option for those prioritizing financial ease and a welcoming atmosphere.
New Madrid, Missouri at a Glance
New Madrid is a city in New Madrid city, Missouri with a population of approximately 2,761. The median home value is $110,000 and the median household income is $42,443. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 0.4 per 1,000 residents, which is 89% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $682 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$110,000
Median Income
$42,443
Population
2,761
Walk Score
0
Air Quality
AQI 42
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 2,761
- Median Age
- N/A
- Median Household Income
- $42,443
43% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 9.3%
25% below nat'l avg
- Median Home Value
- $110,000
61% below nat'l avg
- Median Rent
- $682
41% below nat'l avg
- Homeownership Rate
- 57.7%
12% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 0.4 per 1K
89% below nat'l avg
- Property Crime Rate
- 2.5 per 1K
87% below nat'l avg
- AQI
- 42
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 57.74
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 9.8¢/kWh
41% below nat'l avg
- Est. Monthly Electric
- $88
36% below nat'l avg
- Unemployment Rate
- 2.3%
38% below nat'l avg
- Poverty Rate
- 9.3%
25% below nat'l avg
Weather & Climate in New Madrid
Avg High
68°F
Avg Low
48°F
Annual Rainfall
41.3"
Avg Humidity
68%
Political Landscape
→ Politically stable
Based on Cole County county-level presidential election data
Culture & Things to Do in New Madrid
New Madrid County Fair
Annual county fair featuring agricultural exhibits, carnival rides, and entertainment.
New Madrid Christmas Parade
A festive parade held annually to celebrate the holiday season.
Mississippi River Days
A celebration of the Mississippi River with music, food, and activities.
New Madrid Heritage Days
A celebration of local history and culture.
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