New Madrid, MO
Population 2,720 · Missouri
About New Madrid, MO
New Madrid is a small community in Missouri with a population of 2,720 residents. The median household income is $51,250 per year, which is near the national average. The median age in New Madrid is 41.1 years.
Housing in New Madrid has a median home value of $120,700 and median monthly rent of $692. Of the 1,394 total housing units, the majority are owner-occupied, with 690 owner-occupied and 480 renter-occupied units.
The unemployment rate in New Madrid is 1.4% and the poverty rate is 9.3%. 16.6% of residents hold a bachelor's degree or higher. The average commute time is 18.6 minutes.
Cost of Living in New Madrid, MO
Compared to national averages, New Madrid has a median household income of $51,250 (32% below the national median of $75,149). Home values average $120,700, which is 51% below the national median. Monthly rent at $692 is 40% below the US average of $1,163. Within Missouri, New Madrid's income is 16% below the state average of $61,047, and home values are 20% below the state median of $150,786.
Why Live in New Madrid, MO?
New Madrid offers affordable housing with a median home value of $120,700, below the US average of $244,900, and rent that’s lower than the national average at $692/month, and a strong job market with an unemployment rate of just 1.4%. Additionally, the city features a low poverty rate of 9.3%, better than the national average, and short commute times averaging just 18.6 minutes.
Potential considerations include median household income ($51,250) that falls below the national average. However, New Madrid’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Madrid has a population of 2,720 with a median age of 41.1 years. Compare New Madrid with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near New Madrid
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bel-Ridge | 2,714 | $39,878 | $88,900 | Compare |
| Pine Lawn | 2,738 | $19,924 | $51,700 | Compare |
| Marionville | 2,701 | $50,250 | $125,700 | Compare |
| Canton | 2,741 | $46,941 | $115,100 | Compare |
| Lawson | 2,742 | $63,799 | $169,500 | Compare |
| Pleasant Valley | 2,744 | $78,750 | $195,200 | Compare |
| Forsyth | 2,749 | $44,352 | $185,900 | Compare |
| Green Park | 2,688 | $75,833 | $215,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New Madrid
What is the population of New Madrid, MO?
The population of New Madrid, MO is 2,720 according to the latest Census data.
What is the median household income in New Madrid?
The median household income in New Madrid, MO is $51,250 per year.
What is the median home value in New Madrid?
The median home value in New Madrid, MO is $120,700.
What is the average rent in New Madrid?
The median monthly rent in New Madrid, MO is $692.
What is the unemployment rate in New Madrid?
The unemployment rate in New Madrid, MO is 1.4%.