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New Market, IA

Full City Profile · Iowa · Taylor County County

3.0 /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 275 sunny days/yr
345 Violent Crime/100K 2,852 property/100K
B
Overall
3.0 / 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
F
Safety
1.0 / 5.0
345 violent crimes/100K
C
Education
2.1 / 5.0
14.2% bachelor's degree or higher

Income Overview

Median Household Income
$58,125
23% below
US avg: $75,149
Per Capita Income
$34,493
12% below
US avg: $39,052
Unemployment Rate
1.7%
53% below
US avg: 3.6%
Poverty Rate
11.4%
8% below
US avg: 12.4%

Income Comparison: New Market vs. U.S. Average

Each bar shows New Market’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$58,125
77%
Per Capita
US: $39,052
$34,493
88%
IRS Avg AGI
US: $72,000
$65,359
91%
Avg Weekly Wage
US: $1,432
$992
69%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$992
31% below US avg ($1,432)
Mean Commute Time
18 min
37% below US avg (28 min)
Work From Home
3.6%
76% below US avg (15.2%)
Drive Alone
76.0%
4% above US avg (73.2%)
Public Transit
0.9%
82% below US avg (5.0%)
County GDP
$376M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 76%
Public Transit 0.9%
Work From Home 3.6%
Other 19.5%
Average commute time
18 minutes
US avg: 28 min

Business Landscape

Total Establishments
192
Restaurants
8
Healthcare
8
Retail
20
Manufacturing
8

Tax & Financial

IRS Avg Adjusted Gross Income
$65,359
9% below US avg ($72,000)
Avg Property Tax
$3,560
2% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$58,125
Per Capita Income$34,493
IRS Avg Adjusted Gross Income$65,359
Avg Weekly Wage$992
County GDP$376M

Hardship Indicators

Unemployment Rate1.7%
Poverty Rate11.4%
Gini Coefficient0.410
Cost of Living Index87.8

Commute

Mean Commute18 minutes
Drive Alone76.0%
Public Transit0.9%
Work From Home3.6%

Businesses

Total Establishments192
Restaurants8
Healthcare8
Retail20
Manufacturing8

Tax

IRS Avg AGI$65,359
Avg Property Tax$3,560