Iowa · Census place 56370
New Market city, IA
Quick answer
New Market city has 407 residents, ranking #522 of 1026 places in Iowa. Median household income is $58,125, the median home is worth $92,000 and median gross rent runs $827 a month.
- Population
- 407New Market city residents
- Median household income
- $58,125Past 12 months, inflation adjusted
- Median home value
- $92,000Owner-occupied units
- Median gross rent
- $827Rent plus utilities, monthly
- Median age
- 48 yrsAll residents
- Homeownership rate
- 75.5%Owner-occupied households
What the numbers mean in New Market city
Housing cost measured against local earnings.
A household earning the New Market city median would spend about 17.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.8% of residents and 75.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- Massena city 410
- Spillville city 409
- Riverdale city 408
- Calamus city 405
- Plymouth city 405
- Worthington city 401
- Alleman city 400
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