Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.0 yrs |
|---|---|
| Avg HH Size | 2.53 |
| Below Poverty | 9.3% ≈ Avg |
| College Grads | 34.0% ▼ 12% below avg |
| Unemployment | 1.5% ▼ 69% below avg |
| No HS Diploma | 21 (4.3%) |
| HS Graduate | 180 (36.8%) |
| Some College | 48 (9.8%) |
| Associates | 74 (15.1%) |
| Bachelors | 84 (17.2%) |
| Graduate Degree | 82 (16.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $70,568 ▼ 8% below avg |
|---|---|
| Median Home Value | $103,400 ▼ 63% below avg |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Median Rent | $827/mo |
| Total Housing Units | 330 |
| Vacant Units | 33 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Market is a city in Iowa, located in Taylor County. The city spans 1 ZIP code and is home to approximately 751 residents. It is a middle-aged city, with a median age of 42 years.
Economically, New Market is a solidly middle-class community. The median household income of $70,568 is near the national average. Approximately 9.3% of residents live below the poverty line. The unemployment rate is 1.5%, well below the national average.
The real estate market in New Market is one of the more affordable housing markets in the country. Median home values stand at $103,400, which is well below the national average. Renters typically pay around $827 per month. Homeownership is high at 81.5%, typical of suburban and family-oriented communities.
The population of New Market is moderately educated. 34.0% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.67%).
New Market, IA offers residents a cost-conscious lifestyle within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 51646 | 751 | $70,568 | $103,400 | $827 | 1.5% | 34.0% | 81.5% |