Newmarket, Australia

Full City Profile

3.1 /5.0

B Good

4,817 Population 1/sq mi density

92 ft Elevation 28 meters

68°F Avg Temperature 20°C

Overall

3.1 / 5.0

Good overall score based on economy, affordability, safety and education

Economy

3.0 / 5.0

$35,084 median income, 4.4% unemployment

Affordability

3.2 / 5.0

$215,800 home value, $1,079/mo rent

Newmarket, Australia

At a Glance

Median Income

$35,084

53% below

$35,084 per capita

Home Value

$215,800

23% below

Median Rent

$1,079/mo

7% below

Unemployment

4.4%

22% above

Avg Temperature

68°F

337 sunny days/yr

Is Newmarket a Good Place to Live?

3.1 / 5.0 — Good

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Newmarket residents earn a median household income of $35,084 , which is 53% below the national average of $75,149. Per capita income is $35,084. The unemployment rate stands at 4.4% (22% above the U.S. rate of 3.6%). The area is home to 458 business establishments.

Housing & Cost of Living

The median home value in Newmarket is $215,800 , 23% below the national median of $281,900. Median rent is $1,079/month.

Climate & Weather

Newmarket has an average annual temperature of 68°F (20°C). Winters average 75°F in January while summers reach 60°F in July. The area gets 337 sunny days per year. Annual precipitation totals 30.5 inches.

Data Overview

People

Population4,817

Median Age33.0 yrs

Density1/mi²

Foreign Born25.1%

Economy

Median Income$35,084

Per Capita$35,084

Unemployment4.4%

Poverty

Avg Weekly Wage$675

Housing

Home Value$215,800

Rent$1,079

Ownership53.6%

Housing Units1,927

Climate

Avg Temp68°F

Sunny Days337/yr

Rain30.5 in/yr

Elevation92 ft

Did You Know?

25.1% of residents are foreign-born.