New Hamilton, MS Profile: Facts & Data

The New Hamilton CDP⁽¹⁾ had a population of 525 as of July 1, 2024. New Hamilton ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Mississippi. See peer rankings below.

The primary coordinate point for New Hamilton is located at latitude 33.7379 and longitude -88.4448 in Monroe County. The formal boundaries for the New Hamilton Census Designated Place encompass a land area of 3.56 sq. miles and a water area of 0.01 sq. miles. Monroe County is in the Central time zone (GMT -6).

The New Hamilton Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

New Hamilton, MS Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	525 (100%)
Population in Households	525 (100.0%)
Population in Families	435 (82.9%)
Population in Group Quarters¹	0
Population Density	148
Diversity Index²	37


INCOME
Median Household Income	$57,720
Average Household Income	$75,782
% of Income for Mortgage⁴	17%
Per Capita Income	$32,622
Wealth Index⁵	60
Socioeconomic Status Index⁶	Moderate (49.8)

HOUSING
Total HU (Housing Units)	247 (100%)
Owner Occupied HU	187 (75.7%)
Renter Occupied HU	39 (15.8%)
Vacant Housing Units	21 ( 8.5%)
Median Home Value	$152,679
Average Home Value	$175,401
Housing Affordability Index³	155

HOUSEHOLDS
Total Households	226
Average Household Size	2.32
Family Households	144
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

New Hamilton, MS - Peer Comparisons by Rank and Percentile

The table below compares New Hamilton to the other 427 incorporated cities, towns and CDPs in Mississippi by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.36%	-0.85%
Households	0.10%	0.00%
Families		0.28%
Median Household Income		0.52%
Per Capita Income		2.52%
Owner Occupied HU		-0.87%

Variable Description	Rank	Percentile
Total Population	# 249	42nd
Population Density	# 326	24th
Median Household Income	# 104	76th
Housing Affordability Index	# 281	66th
Per Capita Income	# 98	77th
Diversity Index	# 315	26th

New Hamilton, MS Profile: Facts & Data

New Hamilton, Mississippi - Basic Facts

New Hamilton, MS Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

New Hamilton, MS - Peer Comparisons by Rank and Percentile

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