New Market

County:: Shenandoah County
County Seat:: No
Area (mi²):: 2.021
State:: Virginia

New Market is a town located in Shenandoah County, Virginia. New Market has a 2025 population of 2,221. New Market is currently growing at a rate of 0.63% annually and its population has increased by 3.3% since the most recent census, which recorded a population of 2,150 in 2020.

The average household income in New Market is $66,302 with a poverty rate of 12.27%. The median age in New Market is 48.4 years: 43 years for males, and 55.4 years for females.

Demographics

The racial composition of New Market includes 87.45% White, 4.45% Black or African American, 3.15% other race, and smaller percentages for Asian, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Black or African American

Two or more races

Other race

Asian

Native American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	1,888	87.45%
Black or African American	96	4.45%
Two or more races	95	4.4%
Other race	68	3.15%
Asian	10	0.46%
Native American	2	0.09%
Native Hawaiian or Pacific Islander	0	0%

New Market Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

New Market's average per capita income is $34,500. Household income levels show a median of $47,967. The poverty rate stands at 12.27%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$73,375	-
Families	$58,984	$91,518
Households	$47,967	$66,302
Non Families	$32,100	$34,579

$34,500

Average Income

$47,967

Median Household Income

12.27%

Poverty Rate