New Market is a city located in Rockingham County and Shenandoah County Virginia. New Market has a 2024 population of 2,214. New Market is currently growing at a rate of 0.73% annually and its population has increased by 2.88% since the most recent census, which recorded a population of 2,152 in 2020.
The average household income in New Market is $69,329 with a poverty rate of 11.12%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in New Market is 57.3 years, 45.7 years for males, and 59.7 years for females.
According to the most recent ACS, the racial composition of New Market was:
White
Black or African American
Two or more races
Other race
Asian
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 1,041 | 1.94 | 39.8 | 60.2 |
| Non Family | 520 | 1.24 | 29.8 | 70.2 |
| Married | 362 | 2.7 | 69.9 | 30.1 |
| Female | 137 | 2.6 | 4.4 | 95.6 |
| Male | 22 | 1.91 | 0 | 100 |
2.58
Average Family Size
1.94
Average Household Size
39.8%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among white people with a rate of 86.69%.
The highest rate of bachelors degrees is among asian people with a rate of 28.57%.
All
Male
Female
$35,065
Average Earnings
$33,169
Average Male
$39,375
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
94.78% of New Market residents speak only English, while 5.22% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 2.28% of the population.
rate
11.12%
Overall Poverty Rate
10.3%
Male Poverty Rate
11.82%
Female Poverty Rate
The race most likely to be in poverty in New Market is Asian, with 71.43% below the poverty level.
The race least likely to be in poverty in New Market is White, with 8.36% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 3.34%. Among those working part-time, it was 4.52%, and for those that did not work, the poverty rate was 17.65%.
Married
Widowed
Divorced
Separated
NeverMarried
39.3%
Overall Marriage Rate
43.4%
Male Marriage Rate
36.1%
Female Marriage Rate
male
female
The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 45-54.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
3.58%
Veteran Poverty Rate
12.54%
Veteran Disability Rate
LaborForceParticipation
52.5%
Labor Force Participation
51.5%
Employment Rate
1.9%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
60.82%
Born in New Market
95.74%
Native Born
4.26%
Foreign Born
1.34%
Non Citizen
2.91%
Naturalized
95.74% of New Market residents were born in the United States, with 60.82% having been born in Virginia. 1.34% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 2,291 | 15 | 0.66% |
| 2028 | 2,276 | 16 | 0.71% |
| 2027 | 2,260 | 15 | 0.67% |
| 2026 | 2,245 | 16 | 0.72% |
| 2025 | 2,229 | 15 | 0.68% |
| 2024 | 2,214 | 16 | 0.73% |
| 2023 | 2,198 | 15 | 0.69% |
| 2022 | 2,183 | 6 | 0.28% |
| 2021 | 2,177 | 25 | 1.16% |
| 2020 | 2,152 | -100 | -4.44% |
| 2019 | 2,252 | 4 | 0.18% |
| 2018 | 2,248 | 6 | 0.27% |
| 2017 | 2,242 | 16 | 0.72% |
| 2016 | 2,226 | 5 | 0.23% |
| 2015 | 2,221 | 6 | 0.27% |
| 2014 | 2,215 | 10 | 0.45% |
| 2013 | 2,205 | -3 | -0.14% |
| 2012 | 2,208 | 12 | 0.55% |
| 2011 | 2,196 | 10 | 0.46% |
| 2010 | 2,186 | 0 | 0% |