Census Bureau data for New Market town from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — New Market town
- What is the median household income in New Market town?
- The median household income in New Market town is $198,080 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in New Market town?
- The poverty rate in New Market town is 0.0% (U.S. Census Bureau ACS 2023).
- What is the median home value in New Market town?
- $607,700 (U.S. Census Bureau ACS 2023).
- What is the average rent in New Market town?
- The median gross rent in New Market town is $1,694 per month (U.S. Census Bureau ACS 2023).
- What percentage of New Market town residents have a college degree?
- 69.0% of adults in New Market town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,588
Median Income
$198,080
Median Home Value
$607,700
Poverty Rate
0.0%
Unemployment (ACS 2023)
3.0%
Median Age
34.0 yrs
Since 2019
Median Income:
+$51,116 (+34.8%)
Home Value:
+$158,300 (+35.2%)
Poverty Rate:
-1.0 pp (-100%)
Bachelor's+:
+12.9 pp (+23%)
Unemployment:
+1.4 pp (+87.5%)
Demographics
Total Population
1,588
Median Age
34.0
Female
50.0%
Race & Ethnicity
Hispanic or Latino 5.2%
White (non-Hisp.) 81.0%
Black 5.4%
Asian 2.3%
Two or More 10.4%
Other 0.4%
Asian Subgroups (% of total pop.)
Korean
0.7%
Chinese
0.6%
Indian
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
1.3%
Cuban
0.3%
Puerto Rican
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$198,080
±$27,880
+$96,428 vs. state
Per Capita Income
$214,283
Median Family Income
$200,550
Poverty Rate
0.0%
-6.3 pp vs. state
Child Poverty Rate
0.0%
Working-Age Poverty Rate
—
SNAP Recipients
0.9%
Social Security Income
—
Retirement Income
17.3%
Household Income Distribution
< $10k
3.0%
$15–25k
2.6%
$35–50k
3.8%
$50–75k
3.4%
$75–100k
4.5%
$100–150k
21.1%
$150–200k
16.2%
$200k+
45.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
478
Owner-Occupied
96.4%
Renter-Occupied
3.6%
Vacancy Rate
1.9%
Median Home Value
$607,700
+$210,000 vs. state
Median Gross Rent
$1,694
Owner Cost Burden (30%+)
5.8%
Renter Cost Burden (30%+)
29.4%
Home Value Distribution
$200–300k
3.1%
$300–500k
23.0%
$500k–$1M
71.2%
$1M+
1.5%
Gross Rent Distribution
$1–1.5k
29.4%
$1.5–2k
52.9%
$3.5k+
17.6%
Vehicle Availability
No vehicle
0.9%
1 vehicle
13.4%
2 vehicles
51.8%
3+
33.9%
Housing Type
Single-fam. det.
87.0%
Single-fam. att.
10.0%
2–4 units
1.0%
Housing Age
Pre-1940
15.9%
1970–1999
1.7%
2000–2009
25.3%
2010+
34.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
100.0%
Bachelor's or Higher
69.0%
+26.3 pp vs. state
Graduate Degree
33.2%
Some College / Associate
10.5%
Less Than High School
0.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
80.1%
Unemployment Rate
3.0%
-1.9 pp vs. state
Work from Home
20.1%
Self-Employed
2.8%
Government Workers
22.1%
Private For-Profit
73.9%
Industry
Edu/Health
25.9%
Prof. Services
16.8%
Arts/Entmt.
16.0%
Public Admin
8.8%
Finance
8.4%
Construction
7.1%
Retail
3.9%
Manufacturing
2.9%
Information
2.4%
Wholesale
1.8%
Transportation
1.5%
Agriculture
1.2%
Occupation
Management
62.3%
Food Prep
17.3%
Sales
12.2%
Construction
4.3%
Production
3.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
33.0 min
Drove Alone
76.3%
Carpool
2.2%
Public Transit
1.4%
Work from Home
20.1%
Walked
0.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
469
Avg. Household Size
3.00
Avg. Family Size
—
Married-Couple Households
77.4%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
51.8%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
6.0%
5–9
13.8%
10–14
11.1%
15–19
11.3%
20–24
2.8%
25–34
5.5%
35–44
19.6%
45–54
17.0%
55–64
2.6%
65–74
3.1%
75–84
4.3%
85+
1.7%
Under 18: 36.0%
Working age (18–64): 64.0%
65 and over: 7.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
4.5%
Naturalized Citizen
91.5%
Speaks English Less Than Very Well
1.1%
Foreign-Born Origin
Asia
38.0%
Africa
32.4%
Latin America
21.1%
Europe
8.5%
Veterans & Disability
Veteran
6.1%
With a Disability
5.8%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
99.7%
Uninsured
0.3%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
99.1%
Has a Computer
100.0%
Same House 1 Year Ago
95.7%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023