Cost of Living in Newton, MS

Population 3,151 · Mississippi · Data vintage 2023

38
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Newton run well below national norms — a median of $34,286 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $83,000). Around 32% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Located 60 miles east of Jackson, Newton is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 24% lower than Jackson's $108,000.

Cost Overview

Housing 27
Rent 54

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Newton

The median home value in Newton is $82,700 — 73% below the national median of $305,000. Median rent runs $709/month, 46% lower than the national median of $1,314/month. The median household income of $34,286/year is 54% lower than the US median of $74,580. The local unemployment rate is 3.4%, below the national average of 4.8%. Mississippi's top state income tax rate is 4.7% and the combined sales tax is 7.1%. The climate averages highs of 74.9°F and lows of 51.5°F. Overall, Newton has a cost of living index of 38 versus the US average of 100, meaning it is 62% less expensive.

🏠 Housing

Median Home Value
$82,700
73% below avg
Zillow Home Value
$330,409
Zillow ZHVI
Median Rent
$709/mo
46% below avg
Price-to-Rent Ratio
9.7x
Favors buying
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$770
1 BR
$802
2 BR
$933
3 BR
$1,238
4 BR
$1,321
Owner-occupied 54.7%
Renter-occupied 45.3%

💰 Estimated Monthly Budget

Rent median rent
$709
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,323/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.6 min
9% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.3%

Commute Mode

Drove alone
91.4%
Carpooled
6.3%
Work from home
2.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.7%
Total Sales Tax 7.1%
State rate 7.0%
Avg local rate 0.1%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$34,286
54% below avg
Per Capita Income
$28,168
Unemployment Rate
3.4%
28% below avg
Poverty Rate
32.3%
Labor Force Participation
54.9%

🎓 Education

Bachelor's degree+ 8.3%
Graduate degree 6.4%

👥 Demographics

Median Age 36.9
Male median age 40.5
Female median age 36.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
74.9°F
Avg Low
51.5°F
Annual Precip
58.2"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 576169758388909086776659
Low °F 343844505966696962514136
Precip" 5.495.535.626.154.114.655.184.623.233.834.385.43

🏫 Schools

NCES CCD 2019 — public school district data

84%
4-Year Graduation Rate
13:1
Student-teacher ratio
4
Public schools
899
Total enrollment

Frequently Asked Questions

What is the cost of living in Newton, MS?

Newton has a cost index of 38 (100 = national average). It is 62% below the national average.

What is average rent in Newton, MS?

The median gross rent in Newton is $709 per month based on 2023 Census data.

What is the average home price in Newton?

The median home value in Newton is $82,700 according to Zillow and Census data.

What is the median income in Newton?

The median household income in Newton is $34,286 per year (2023 ACS 5-year estimates).

What is the sales tax in Newton, MS?

The combined state and local sales tax rate in Newton is 7.1%. The Mississippi state income tax top rate is 4.7%.

Is Newton, MS affordable?

Yes, Newton is generally considered affordable, with a cost of living index of 38 — about 62% below the US national average of 100.

What is the weather like in Newton?

Newton has average high temperatures of 74.9°F and average lows of 51.5°F. Annual precipitation is 58.2". Data from NOAA 1991–2020 Climate Normals.

Newton at a Glance

Population
3,151
Median Income
$34,286
Home Value
$82,700
Median Rent
$709/mo
Unemployment
3.4%
Avg High Temp
74.9°F
Sales Tax
7.1%
View all cities in Mississippi →
🗺️ County data for Mississippi

Explore county-level cost of living data

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