New Market

County:: Taylor County
County Seat:: No
Area (mi²):: 0.433
State:: Iowa

New Market is a city located in Taylor County, Iowa. New Market has a 2025 population of 389. New Market is currently growing at a rate of 0.26% annually and its population has increased by 1.3% since the most recent census, which recorded a population of 384 in 2020.

The average household income in New Market is $71,105 with a poverty rate of 13.76%.The median age in New Market is 48 years: 49.3 years for males, and 47.8 years for females.

Demographics

The racial composition of New Market includes 92.63% White, and smaller percentages for other race and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	377	92.63%
Two or more races	21	5.16%
Other race	9	2.21%

New Market Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

New Market's average per capita income is $37,083. Household income levels show a median of $58,125. The poverty rate stands at 13.76%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$92,917	-
Families	$69,250	$85,581
Households	$58,125	$71,105
Non Families	$35,694	$44,568

$37,083

Average Income

$58,125

Median Household Income

13.76%

Poverty Rate