New Market, VA

Census Place

2024 Population

2,342

US Senator

Mark Warner

Democratic Party

US Senator

Tim Kaine

Democratic Party

2024 Median Age

49.8

2.89% 1-year increase

2024 Poverty Rate

11.1%

9.4% 1-year decrease

2024 Median Household Income

$51,410

7.18% 1-year growth

2024 Median Property Value

$272,900

Population & Diversity

New Market, VA is home to a population of 2.34k people, from which 98.5% are citizens.

As of 2024, 4.4% of New Market, VA residents were born outside of the country (103 people).

In 2024, there were 16.1 times more White (Non-Hispanic) residents (2k people) in New Market, VA than any other race or ethnicity. There were 124 Other (Hispanic) and 102 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.5%

2024 Citizenship

99.1%

2023 Citizenship

As of 2024, 98.5% of New Market, VA residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in New Market, VA was 99.1%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in New Market, VA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in New Market, VA

White (Non-Hispanic)
2k ± 441
Other (Hispanic)
124 ± 132
Two Races Including Other (Hispanic)
102 ± 100

11%

Hispanic Population

258 people

11% of the people in New Market, VA are hispanic (258 people).

The following chart shows the 8 races represented in New Market, VA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Virginia.

Most Common Origin

El Salvador
108,778 ± 8,047 people
India
98,440 ± 7,659 people
Mexico
58,677 ± 5,927 people

In 2024, the most common birthplace for the foreign-born residents of Virginia was El Salvador, the natal country of 108,778 Virginia residents, followed by India with 98,440 and Mexico with 58,677.

Foreign-Born Population

4.4%

2024 Foreign-Born Population

103 people

2.69%

2023 Foreign-Born Population

58 people

As of 2024, 4.4% of New Market, VA residents (103 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in New Market, VA was 2.69%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in New Market, VA compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
214 ± 123
Gulf War (1990s)
26 ± 28
Korea
15 ± 26

New Market, VA has a large population of military personnel who served in Vietnam, 8.23 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in New Market, VA.

Economy

The economy of New Market, VA employs 1.04k people. In 2024, the largest industries in New Market, VA were Retail Trade (247 people), Manufacturing (169 people), and Health Care & Social Assistance (117 people), and the highest paying industries were Public Administration ($76,667), Professional, Scientific, & Technical Services ($45,500), and Arts, Entertainment, & Recreation ($45,375).

Employment

Occupations

1.04k

2024 Value

± 229

7.53%

1 Year growth

± 29.9%

From 2023 to 2024, employment in New Market, VA grew at a rate of 7.53%, from 970 employees to 1.04k employees.

The most common job groups, by number of people living in New Market, VA, are Material Moving Occupations (136 people), Management Occupations (135 people), and Production Occupations (134 people). This chart illustrates the share breakdown of the primary jobs held by residents of New Market, VA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Virginia.

This chart shows weekly unemployment insurance claims in Virginia (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

1.04k

2024 Value

± 229

7.53%

1 Year growth

± 29.9%

From 2023 to 2024, employment in New Market, VA grew at a rate of 7.53%, from 970 employees to 1.04k employees.

The most common employment sectors for those who live in New Market, VA, are Retail Trade (247 people), Manufacturing (169 people), and Health Care & Social Assistance (117 people). This chart shows the share breakdown of the primary industries for residents of New Market, VA, though some of these residents may live in New Market, VA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$32,402

Median earning men ± $8,809

$35,313

Median earning women ± $8,133

The industries with the best median earnings for men in 2024 are Public Administration ($88,026), Educational Services, & Health Care & Social Assistance ($52,500), and Manufacturing ($41,603).

The industries with the best median earnings for women in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($49,559), Manufacturing ($36,875), and Retail Trade ($34,559).

Housing & Living

The median property value in New Market, VA was $272,900 in 2024, which is 0.82 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $247,400 to $272,900, a 10.3% increase. The homeownership rate in New Market, VA is 42.9%, which is lower than the national average of 65.2%.

People in New Market, VA have an average commute time of 23.5 minutes, and they drove alone to work. Car ownership in New Market, VA is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$272,900

Median Property Value 2024

±$42,787

$454

Median Property Taxes

±$124

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In New Market, VA the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in New Market, VA compared to it's parent and neighbor geographies.

Rent vs Own

42.9%

Homeownership

2024

67.2%

Homeowners with Mortgage

2024

In 2024, 42.9% of the housing units in New Market, VA were occupied by their owner. This percentage grew from the previous year's rate of 41%.

This chart shows the percentage of owner in New Market, VA compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$51,410

Median Household Income

± $4,702

1.06k

Number of Households

± 236

In 2024, the median household income of the 1.06k households in New Market, VA grew to $51,410 from the previous year's value of $47,967.

The following chart displays the households in New Market, VA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $50k - $60k range.

Wage Distribution

The closest comparable wage GINI for New Market, VA is from Virginia.

0.47

2024 Wage GINI in Virginia

0.472

2023 Wage GINI in Virginia

In 2024, the income inequality in Virginia was 0.47 according to the GINI calculation of the wage distribution. Income inequality had a 0.376% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Virginia was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Virginia in comparison to the national average.

This chart shows the number of workers in Virginia across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (70.6%)
Carpooled (10.1%)
Walked (10.1%)

In 2024, 70.6% of workers in New Market, VA drove alone to work, followed by those who carpooled to work (10.1%) and those who walked to work (10.1%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

23.5 minutes

Average Travel Time

Using averages, employees in New Market, VA have a shorter commute time (23.5 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in New Market, VA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in New Market, VA compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in New Market, VA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in New Market, VA have 2 cars.

Poverty

Poverty & Diversity

11.1% of the population for whom poverty status is determined in New Market, VA (250 out of 2.25k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 12 - 14, followed by Males 35 - 44 and then Females 65 - 74.

The most common racial or ethnic group living below the poverty line in New Market, VA is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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