New Market, VA Profile: Facts & Data

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New Market, Virginia - Basic Facts

The Town of New Market had a population of 2,226 as of July 1, 2018.

The primary coordinate point for New Market is located at latitude 38.6402 and longitude -78.6689 in Shenandoah County. The formal boundaries for the Town of New Market (see map below) 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 elevation is 1,056 feet.

The Town of New Market (GNIS ID: 2391326) 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.

Alternate Unofficial Names for New Market: Cross Roads, Crossroads, Newmarket.

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  1. New Market 2018 Demographic Data
  2. Growth Rates for New Market (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Virginia Research Tools (Easy Tools & Current Data)
  3. Virginia Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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New Market, VA Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 2,226
Population in Households 2,137
Population in Familes 1,687
Population in Group Qrtrs 89
Population Density2 1,104
Diversity Index3 37
 

INCOME

Median Household Income $41,353
Average Household Income $63,387
Per Capita Income $27,052

HOUSING

Total Housing Units 1,088 (100%)
Owner Occupied HU 626 (57.5%)
Renter Occupied HU 304 (27.9%)
Vacant Housing Units 157 (14.4%)
Median Home Value $200,000
Average Home Value $241,813
 

HOUSEHOLDS

Total Households 931
Average Household Size 2.3
Family Households 579
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2018 2018-2023
Population 0.44% 0.56%
Households 0.32% 0.51%
Families 1.26% 0.38%
Median Household Income   2.58%
Per Capita Income   2.48%

New Market, VA - Peer Comparisons by Rank and Percentile

The table below compares New Market to the other 593 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2018 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 # 255 57th
Population Density # 220 63rd
Diversity Index # 361 39th
Median Household Income # 430 28th
Per Capita Income # 303 49th

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

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