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New Market, IA
Full City Profile · Iowa · Taylor County County
New Market, IA
At a Glance
How New Market Compares to the U.S. Average
Each bar shows New Market's value as a percentage of the national average (100% = U.S. avg)
Is New Market a Good Place to Live?
Economy & Jobs
New Market residents earn a median household income of $58,125 , which is 23% below the national average of $75,149. Per capita income is $34,493. The unemployment rate stands at 1.7% (53% below the U.S. rate of 3.6%). 11.4% of residents live below the poverty line. The area is home to 192 business establishments, including 8 restaurants.
Housing & Cost of Living
The median home value in New Market is $92,000 , 67% below the national median of $281,900. Zillow estimates the typical home at $127,347. Median rent is $827/month, with 26.1% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1938.
Safety & Crime
New Market reports 345 violent crimes per 100,000 residents , which is 9% below the national average of 380/100K. Property crime is 2,852/100K.
Education
14.2% of adults in New Market hold a bachelor's degree or higher (58% below the national average). 94.0% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
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. The area gets 275 sunny days per year. Annual precipitation totals 38.4 inches. Air quality is rated Good with a median AQI of 43.