New Madrid County, Missouri
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How New Madrid County Compares
Detailed Income Statistics
Income Advisory: New Madrid County
Income Verdict
New Madrid County has a median household income of $49,237 and per capita income of $28,435 — a gap of $20,802, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $734/month and a median household income of $49,237, rent consumes approximately 17.9% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $49,237, residents of New Madrid County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $28,435 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
New Madrid County earns approximately 17.3% below the Missouri state median household income of $59,503.
Data Story
About Household Income in New Madrid County, Missouri
New Madrid trails national income levels
New Madrid County's median household income of $49,237 falls roughly $25,500 below the U.S. median of $74,755. The county ranks among the lowest-earning areas in the surveyed group, reflecting economic stress relative to the broader nation.
Significantly below Missouri average
New Madrid County's median household income of $49,237 lags Missouri's state average of $59,503 by about $10,250. Among the eight surveyed counties, New Madrid ranks near the bottom, indicating substantial economic disadvantage.
Bottom-tier earnings in cluster
New Madrid County's $49,237 income ranks near the regional bottom, exceeding only Mississippi County ($46,258) and Monroe County ($48,299). The county trails Moniteau by nearly $16,000, highlighting concentrated economic challenges.
Housing costs take steep toll
New Madrid County's 17.9% rent-to-income ratio is the second-highest among surveyed counties, placing severe pressure on household budgets. While the median home value of $105,500 is relatively modest, it still consumes a disproportionate share of the county's limited median income.
Access community support services
New Madrid residents should connect with local nonprofits, workforce development programs, and food banks to free up budget room for savings. Many counties offer free financial literacy workshops and assistance applying for tax credits and benefits designed to boost family income.
Frequently Asked Questions
What is the median household income in New Madrid County, Missouri?
How much do people earn in New Madrid County?
How does New Madrid County compare to the Missouri average?
What is the per capita income in New Madrid County, Missouri?
Is New Madrid County a low-income area in Missouri?
How does New Madrid County rank for income in Missouri?
Income Comparison Calculator
See how your household income compares in New Madrid County
Your income is above the New Madrid County median
County median: $49,237 per year
vs. County Median
+0%
vs. State Average
-17%
vs. National Median
-34%
Income Adequacy
Your monthly income ($4,103) vs. median rent ($734/mo). A ratio of 3.3x or higher means rent is under 30% of income.
Grow Your Wealth
See how your income stacks up in New Madrid County, Missouri? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.
Start InvestingCounties with Similar Income Levels
Compare Financial Products in Missouri
Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.
Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.