New Market is a town located in Shenandoah County, Virginia. New Market has a 2025 population of 2,221. New Market is currently growing at a rate of 0.63% annually and its population has increased by 3.3% since the most recent census, which recorded a population of 2,150 in 2020.
The average household income in New Market is $66,302 with a poverty rate of 12.27%.The median age in New Market is 48.4 years: 43 years for males, and 55.4 years for females.
Data after 2023 is projected based on recent change
The racial composition of New Market includes 87.45% White, 4.45% Black or African American, 3.15% other race, and smaller percentages for Asian, Native American and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 1,888 | 87.45% |
Black or African American | 96 | 4.45% |
Two or more races | 95 | 4.4% |
Other race | 68 | 3.15% |
Asian | 10 | 0.46% |
Native American | 2 | 0.09% |
Married
Widowed
Divorced
Separated
Never Married
New Market's average per capita income is $34,500. Household income levels show a median of $47,967. The poverty rate stands at 12.27%.
Name | Median | Mean |
---|---|---|
Married Families | $73,375 | - |
Families | $58,984 | $91,518 |
Households | $47,967 | $66,302 |
Non Families | $32,100 | $34,579 |
Average Income
Median Household Income
Poverty Rate