New Market, VA Profile: Facts & Data

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New Market, Virginia - Basic Facts

The Town of New Market had a population of 2,342 as of 2020-2024 American Community Survey 5-Year Estimates.

The primary coordinate point for New Market is located at latitude 38.6479 and longitude -78.6714 in Shenandoah County. The formal boundaries for the Town of New Market encompass a land area of 2.02 sq. miles and a water area of 0.01 sq. miles. Shenandoah County is in the Eastern time zone (GMT -5).

The Town of New Market has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


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  1. New Market Demographic Data
  2. Peer Comparisons (Rank and Percentile)
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New Market, VA Data & Demographics

Source: 2020-2024 American Community Survey 5-Year Estimates

POPULATION

Total Population 2,342 (100%)
Population Density 1,159 per sq mi
Diversity Index1 26
 
 

INCOME

Median Household Income $51,410
Per Capita Income $31,839
Median Home Value $272,900
 

HOUSING

Total HU (Housing Units) 1,144 (100%)
Owner Occupied HU 454 (39.7%)
Renter Occupied HU 604 (52.8%)
Vacant Housing Units 86 (7.5%)
 

HOUSEHOLDS

Total Households 1,058
Average Household Size 2.09
Family Households 630 (59.5%)
NOTES
  1. The Diversity Index estimates the likelihood that two persons chosen at random from the same area belong to different race or ethnic groups, based on five groups: Hispanic/Latino, Non-Hispanic White, Non-Hispanic Black, Non-Hispanic Asian, and Non-Hispanic Other/Multiracial. A value of 0 indicates the population belongs entirely to one group. Higher values indicate a more evenly mixed population. Calculated from U.S. Census Bureau ACS 5-year estimates (table B03002).

New Market, VA - Peer Comparisons by Rank and Percentile

The table below compares New Market to the other 688 incorporated cities, towns and CDPs in Virginia by rank and percentile using 2020-2024 American Community Survey 5-Year Estimates data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 268 61st
Population Density # 233 66th
Median Household Income # 541 22nd
Per Capita Income # 445 35th
Diversity Index # 448 35th

Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.

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