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New Market, Iowa

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
397
Population
$50,000
Median Income
$102,700
Home Value
52.6
Median Age

Demographics

New Market has a population of 397 with a median age of 52.6. Here is the racial and ethnic breakdown of the population:

White
88.4%
Other
8.3%
Hispanic
3.3%
Demographic Value
Total Population397
Median Age52.6
White88.4%
Hispanic or Latino3.3%
Other / Two or More Races8.3%
New Market, Iowa — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 88.4%Other: 8.3%Hispanic/Latino: 3.3%397PopulationWhiteWhite88.4%OtherOther8.3%Hispanic/LatinoHispanic/Latino3.3%

Income & Economy

The median household income in New Market is $50,000, which is 38.0% below the national median of $80,610. The per capita income is $33,252. The poverty rate is 17.9%.

$50,000
Median Household Income
$33,252
Per Capita Income
17.9%
Poverty Rate

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Education

In New Market, 90.6% of residents age 25+ have a high school diploma or higher, and 11.1% hold a bachelor's degree or higher.

HS Diploma+
90.6%
Bachelor's+
11.1%
Education Level % of Adults (25+)
High School Diploma or Higher90.6%
Bachelor's Degree or Higher11.1%

Housing

The median home value in New Market is $102,700, below the national median of $303,400. The median monthly rent is $832. The homeownership rate is 78.7%.

$102,700
Median Home Value
$832/mo
Median Rent
78.7%
Homeownership Rate
Housing Metric Value
Median Home Value$102,700
Median Monthly Rent$832
Homeownership Rate78.7%
Vacancy Rate13.8%

Salaries in Iowa

Explore salary data for popular occupations in Iowa:

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Frequently Asked Questions

What is the population of New Market, Iowa?
The population of New Market, Iowa is 397 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New Market, Iowa?
The median household income in New Market, Iowa is $50,000. This is 38.0% below the national median of $80,610.
What is the median home value in New Market, Iowa?
The median home value in New Market, Iowa is $102,700. The median monthly rent is $832.
What percentage of people in New Market have a college degree?
In New Market, Iowa, 11.1% of adults age 25 and older hold a bachelor's degree or higher, and 90.6% have a high school diploma or higher.
Is New Market, Iowa an affordable place to live?
The home price-to-income ratio in New Market, Iowa is 2.1x (median home value $102,700 vs. median income $50,000), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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