New Market, VA
Full City Profile · Virginia · Page County County
New Market, VA
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 $47,967 , which is 36% below the national average of $75,149. Per capita income is $32,290. The unemployment rate stands at 5.7% (58% above the U.S. rate of 3.6%). 5.6% of residents live below the poverty line. The area is home to 613 business establishments, including 55 restaurants.
Housing & Cost of Living
The median home value in New Market is $247,400 , 12% below the national median of $281,900. Zillow estimates the typical home at $336,270. Median rent is $745/month, with 27.3% of renters spending more than 30% of income on housing. The cost of living index is 101.1 (100 = national average). The median home was built in 1984.
Safety & Crime
New Market reports 91 violent crimes per 100,000 residents , which is 76% below the national average of 380/100K. Property crime is 679/100K.
Education
20.2% of adults in New Market hold a bachelor's degree or higher (40% below the national average). 86.8% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
New Market has an average annual temperature of 53°F (12°C). Winters average 32°F in January while summers reach 74°F in July. Annual precipitation totals 37.2 inches.