New Hamilton, MS
Population 491 · Mississippi
About New Hamilton, MS
New Hamilton is a small community located in Mississippi with a population of 491 residents according to the latest US Census Bureau American Community Survey data. The median household income is $32,713 per year, which is 56% below the national median of $75,149. The median age of 69.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in New Hamilton features a median home value of $0, which is 100% below the national median of $244,900. This makes New Hamilton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 260 total housing units, 90% are owner-occupied (197 units) and 10% are renter-occupied (22 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Hamilton shows an unemployment rate of 8.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in New Hamilton have an average one-way commute time of 21.8 minutes.
Education & Demographics
25.9% of New Hamilton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 15.3% of the population being foreign-born.
Cost of Living in New Hamilton, MS
Compared to national averages, New Hamilton has a median household income of $32,713 (56% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Mississippi, New Hamilton's income is 34% below the state average of $49,929, and home values are 100% below the state median of $125,705.
Why Live in New Hamilton, MS?
New Hamilton offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 10.0%, better than the national average. Additionally, the city features short commute times averaging just 21.8 minutes.
Potential considerations include median household income ($32,713) that falls below the national average. However, New Hamilton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Hamilton has a population of 491 with a median age of 69.5 years. Compare New Hamilton with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near New Hamilton
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tishomingo | 487 | $46,458 | $101,400 | Compare |
| New Hebron | 486 | $66,618 | $108,500 | Compare |
| Soso | 497 | $65,521 | $143,300 | Compare |
| Tucker | 497 | $66,417 | $0 | Compare |
| Shubuta | 502 | $48,750 | $77,100 | Compare |
| Sandersville | 503 | $47,167 | $105,200 | Compare |
| Enterprise | 478 | $62,344 | $105,200 | Compare |
| North Tunica | 507 | $0 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New Hamilton
What is the population of New Hamilton, MS?
The population of New Hamilton, MS is 491 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Mississippi.
What is the median household income in New Hamilton?
The median household income in New Hamilton, MS is $32,713 per year, which is 56% below the national median of $75,149.
What is the median home value in New Hamilton?
The median home value in New Hamilton, MS is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Hamilton?
The median monthly rent in New Hamilton, MS is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in New Hamilton?
The unemployment rate in New Hamilton, MS is 8.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is New Hamilton, MS a good place to live?
New Hamilton offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 491 and a median age of 69.5, the city appeals to established professionals and retirees.
How educated is New Hamilton, MS?
25.9% of residents in New Hamilton aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in New Hamilton?
Key cost-of-living indicators for New Hamilton, MS: median home value is $0 (100% below national), median rent is $0/month, and median household income is $32,713. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Hamilton?
The poverty rate in New Hamilton, MS is 10.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is New Hamilton, MS?
New Hamilton's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 3.1% two or more races. 15.3% of residents are foreign-born.