Home/Missouri/New Madrid County

New Madrid County Housing Market

Missouri · 115 counties · Ranked #349 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$105,500

vs national$105,500 vs $281,900 national

Median Gross Rent

$734/mo

vs national$734 vs $1,163 national

Effective Tax Rate

0.71%

vs national0.71% vs 1.02% national

Median Household Income

$49,237

vs national$49,237 vs $74,755 national

Affordability Ratio

2.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

27.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$746

Tax as % of Home Value

0.71%

Monthly Owner Cost

$619

Renter Income

$31,201

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in New Madrid County?

The median home value in New Madrid County is $105,500. This is below the national median of $281,900.

How much is rent in New Madrid County?

The median gross rent in New Madrid County is $734 per month.

What is the property tax rate in New Madrid County?

The effective property tax rate in New Madrid County is 0.71%. The median annual property tax bill is $746.

Is New Madrid County affordable?

With a home-value-to-income ratio of 2.1x, New Madrid County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.