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New Hope, MS
Full City Profile · Mississippi · Lowndes County County
3.6
/5.0
B+
Good
3,587
Population
713/sq mi density
$79,250
Median Income
$35,879 per capita
$223,900
Home Value
$169,116 Zillow
$963
Median Rent
23.6% income on rent
65°F
Avg Temperature
304 sunny days/yr
536
Violent Crime/100K
2,732 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$79,250 median income, 0.3% unemployment
A+
Affordability
5.0 / 5.0
$223,900 home value, $963/mo rent
F
Safety
1.0 / 5.0
536 violent crimes/100K (41% above avg)
B+
Education
3.6 / 5.0
32.6% bachelor's degree or higher
Housing Overview
Median Home Value
$223,900
21% below
US avg: $281,900
Median Rent
$963/mo
17% below
US avg: $1,163/mo
Homeownership Rate
83.2%
27% above US avg (65.4%)
Total Housing Units
1,118
Median year built: 1990
Home Value by Source
Census Median
$223,900
Zillow (ZHVI)
$169,116
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.2%
Owner-Occupied
16.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$751/mo
1 Bedroom
$782/mo
2 Bedroom
$924/mo
3 Bedroom
$1,177/mo
4 Bedroom
$1,295/mo
Census median rent:
$963/mo
Affordability & Housing Stock
Rent Burden
23.6%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
83.2%
Complete Housing Data
Home Values
| Census Median Value | $223,900 |
| Zillow Home Value (ZHVI) | $169,116 |
Rent
| Census Median Rent | $963 |
| FMR Studio | $751 |
| FMR 1-Bedroom | $782 |
| FMR 2-Bedroom | $924 |
| FMR 3-Bedroom | $1,177 |
| FMR 4-Bedroom | $1,295 |
Market
Ownership & Stock
| Owner-Occupied | 83.2% |
| Renter-Occupied | 16.8% |
| Homeownership Rate | 83.2% |
| Total Housing Units | 1,118 |
| Median Year Built | 1990 |
| Rent Burden | 23.6% |