New Market, IA

Iowa

New Market is a small town in Iowa with a population of 407. Residents earn $58,125 per year, which is 23% below the national average.

3.7 /5.0
B+ Good
407 Population 947/sq mi density
$58,125 Median Income $34,493 per capita
$92,000 Home Value $127,347 Zillow
$827 Median Rent 26.1% income on rent
50°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$58,125 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$92,000 home value, $827/mo rent
C
Education
2.1 / 5.0
14.2% bachelor's degree or higher
Median Income $58,125
23% lower than US avg
Home Value $92,000
67% lower than US avg
Bachelor's+ 14.2%
58% lower than US avg
Median Rent $827
29% lower than US avg
Obesity Rate 38.9%
21% higher than US avg
Unemployment 1.7%
53% lower than US avg
Poverty Rate 11.4%
8% lower than US avg

How New Market Compares to the U.S. Average (100% = U.S. avg)

People

Population407
Median Age48.0 yrs
Density947/mi²
Male / Female49% / 51%
Largest GroupWhite 93%
Veterans9.1%

Economy

B+
Median Income$58,125
Per Capita$34,493
Unemployment1.7%
Poverty11.4%
County GDP$376M
Commute18 min

Housing

A+
Home Value$92,000
Rent$827
OwnershipN/A
Zillow$127,347
Rent Burden26.1%

Crime

ViolentN/A
PropertyN/A

Health

Obesity38.9%
UninsuredN/A
Depression23.0%
Heart Disease5.4%

Climate

Avg Temp50°F
AQI43 (Good)
Rain38.4 in/yr
Elevation1,219 ft

Education

C
Bachelor's+14.2%
High School+94.0%
School Score5.73

Community

2024 VoteR 77% / D 22%
Commute18 min
Broadband88.3%
Libraries4

Is New Market a Good Place to Live?

Based on current data, New Market receives an overall livability score of 3.7 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing. Areas to be aware of include below-average incomes, high obesity rates. New Market offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in New Market is $58,125, 23% below the national average of $75,149. The job market is very strong with unemployment at just 1.7%. 11.4% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 18 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in New Market is $92,000, 67% below the national median — offering relatively affordable homeownership. Renters pay a median of $827 per month, below the national average — a plus for affordability. At just 1.6x median income, home prices are very affordable relative to local earnings.

Education

14.2% of residents hold a bachelor's degree, below the national average of 33.7%. 94.0% have completed high school. Area schools have an average test score of 5.7/10.

Climate & Weather

New Market experiences four distinct seasons with an average temperature of 50°F. Winters average 22°F in January while summers reach 76°F in July. Annual precipitation totals 38.4 inches. Air quality is rated Good with a median AQI of 43.

New Market has a population of 407 with a density of 947 people per square mile. The median age is 48.0 years, 23% older than the national median of 38.9. The city is predominantly White (92.6%).

Population

407
Total Population
947
People / sq mi
48.0yrs
Median Age
23% above US avg
0.4mi²
Land Area

Gender Distribution

Male 49.4%
Female 50.6%

Race & Ethnicity

New Market vs U.S. Average

Language Spoken at Home

English Only98.9%
26% above US avg
Spanish1.1%
92% below US avg

Social Characteristics

New Market vs U.S. Average

The median household income in New Market is $58,125, which is 23% below the national average of $75,149. The unemployment rate is 1.7% (below the 3.6% US average). 11.4% of residents live below the poverty line. Workers commute an average of 18 minutes.

Income: New Market vs U.S.

Commute Mode

Income

Median HH Income$58,125
23% below US avg
Per Capita Income$34,493
Avg Weekly Wage$992
IRS Avg AGI$65,359

Employment & Poverty

Unemployment1.7%
53% below US avg
Poverty Rate11.4%
8% below US avg
Establishments (County)192
County GDP$376M

Business (County)

Restaurants8
Healthcare8
Retail20
Manufacturing8

Tax & Cost of Living

Property Tax (IRS)$3,560
2% above US avg
Effective Tax Rate3.87%

Commute & Transportation

Commute Time17.5 min
Drive Alone76.0%
Public Transit0.9%
Work from Home3.6%

Walkability

The median home value in New Market is $92,000, 67% below the national average. Monthly rent averages $827 (29% below US avg). Zillow estimates the typical home value at $127,347.

Home Value Sources

Ownership Split

Home Values

Census Median$92,000
67% below US avg
Zillow ZHVI$127,347

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$827
29% below US avg
Rent Burden26.1%

HUD Fair Market Rent

Studio$738
1 Bedroom$788
2 Bedrooms$989
3 Bedrooms$1,282
4 Bedrooms$1,420

Ownership & Property

Owner-Occupied75.5%

Property Tax

Avg Tax (IRS)$3,560
2% above US avg
Effective Rate3.87%
In New Market, 38.9% of adults are obese (above the 32.1% national rate). 23.0% report depression. 25.0% are physically inactive.

Health Metrics: New Market vs U.S. Average (%)

Chronic Conditions

Obesity38.9%
21% above US avg
Diabetes9.5%
Heart Disease5.4%
High Blood Pressure31.6%
Asthma10.4%
COPD6.5%
Stroke2.9%

Behaviors & Mental Health

Binge Drinking22.1%
Physical Inactivity25.0%
Depression23.0%
Mental Distress18.3%
Physical Distress12.8%

Healthcare Access

Insurance Rate87.3%
Checkup Rate75.0%
Premature Death8,565/100K

Food & Exercise

Food Environment9.2/10
Exercise Access60.2%
Healthcare Facilities8

Crime Rates: New Market vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Safety Score

New Market has an average annual temperature of 50°F (10°C). Winters average 22°F in January while summers reach 76°F in July. Annual precipitation is 38.4 inches. Air quality is rated Good with a median AQI of 43.

Temperature

22°F Jan (-5°C) 76°F Jul (24°C)
Annual Average50.3°F
7% below US avg
January Average22°F (-5°C)
July Average76°F (24°C)

Precipitation & Snow

Annual Rainfall38.4 inches
1% above US avg

Air Quality

AQI Median43.0
RatingGood

Geography

Elevation1,219 ft (372 m)
Area0.4 sq mi (1.1 km²)
Population Density947/sq mi
Coordinates40.7326°N, 94.9000°W
County FIPS19173
It is classified as Nonmetro — Rural. 14.2% of residents hold a bachelor's degree or higher (58% below US avg). In the 2024 election, the county voted Republican by a 55.7-point margin. 88.3% of households have broadband internet.

2024 Presidential Election (County)

R 77.4%
D 21.6%

Winner: Republican by 55.7 points

Education

Bachelor's Degree+14.2%
58% below US avg
High School+94.0%
School Test Score5.73
C Education Grade (2.1/5.0)

Urban-Rural Classification

RUCC Code 9Nonmetro — Rural
Population Density947/sq mi
Total Area0.4 sq mi

Infrastructure & Services

Broadband Access88.3%
Public Libraries4
Healthcare Facilities8
Restaurants8
Retail Stores20

Safety & Disasters

Commute & Transportation

Avg Commute17.5 min
Drive Alone76.0%
Public Transit0.9%
Work from Home3.6%

Nearby Cities

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