New Market, VA population, income and ZIP codes

New Market town is a small town in Virginia, with 2,159 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #276 of 688 ranked by population — larger than 59% of them. The median age here is 48.4 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in New Market town earn a median of $47,967 a year, 38.9% below the national figure of $78,538 and 42% below the $82,986 median for the 383 Virginia cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 12.3% of residents here, below the 12.4% national rate.

The typical owner-occupied home in New Market town is valued at $247,400, 18.5% below the national figure and 15% below the $291,300 peer median, while median gross rent runs $745 a month, 47% below the national figure, or roughly $8,940 across a full year. A household on the local median income would put about 18.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 5.2×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 41% of occupied homes are owner-occupied versus 65% nationally, a renter-majority market, so rent figures matter more here than the home-value line. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.