Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 53.2 yrs |
|---|---|
| Avg HH Size | 2.19 |
| Below Poverty | 10.5% ≈ Avg |
| College Grads | 30.0% ▼ 23% below avg |
| Unemployment | 6.6% ▲ 35% above avg |
| No HS Diploma | 97 (2.8%) |
| HS Graduate | 1,667 (47.5%) |
| Some College | 261 (7.4%) |
| Associates | 431 (12.3%) |
| Bachelors | 395 (11.3%) |
| Graduate Degree | 658 (18.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $63,061 ▼ 17% below avg |
|---|---|
| Median Home Value | $263,300 ≈ Avg |
| Home/Income Ratio | 4.2x (nat avg ~3.5x) |
| Median Rent | $877/mo |
| Total Housing Units | 2,257 |
| Vacant Units | 184 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Market is a city in Virginia, located in Shenandoah County. The city spans 1 ZIP code and is home to approximately 4,674 residents. It is a mature city, with a median age of 53.2 years.
Economically, New Market is a solidly middle-class community. The median household income of $63,061 is below the national average. Approximately 10.5% of residents live below the poverty line. The unemployment rate is 6.6%, above the national average.
The real estate market in New Market is a mid-range housing market. Median home values stand at $263,300, which is near the national average. Renters typically pay around $877 per month. Homeownership is high at 67.5%, typical of suburban and family-oriented communities.
The population of New Market is moderately educated. 30.0% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (91.59%).
New Market, VA offers residents a cost-conscious lifestyle within Virginia.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 22844 | 4,674 | $63,061 | $263,300 | $877 | 6.6% | 30.0% | 67.5% |