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CITY · 2020 ACS

New Market

Iowa · 385 residents · 0.433 sq mi
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The short version

New Market has notably lower household income than the US average, with a median household income of $49,125. Population has fallen 16% since 2000, a loss of 71 residents. 15% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $67,100. With a median age of 52.5, the population is older than the US median of 38.8.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 52.5
US median: 38.8
Less educated
15% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
385
−16%since 2000
from 456 in 2000
1990 – 2025
Population density
889 / sq mi
−16%since 2000
from 1,053 / sq mi in 2000
US average: 280
Median age
52.5
+37%since 2000
from 38.4 in 2000
US average: 38.8
Population, 1990 – 2024
3573964354745131990201020202024New Market
2024397
1990201020202024
Section 02

Income & economy

Median household income
$49,125
+3%inflation adjusted, since 2000
from $31,771 in 2000
US average: $66,278
1990 – 2024
Per capita income
$28,687
+87%since 2000
from $15,381 in 2000
US average: $35,364
Households earning $100K+
37.6%
+25.5 ptssince 2009
from 12.0% in 2009
US average: 43.9%
Poverty rate
6.8%
−7.4 ptssince 2000
from 14.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade21.7%
US avg: 10%
Finance & insurance9.2%
US avg: 5.5%
Professional, scientific, technical9.2%
US avg: 4.7%
Wholesale trade7.4%
US avg: 6.7%
Information4.4%
US avg: 11.1%
Arts, entertainment, food2.9%
US avg: 2%
Other services2.9%
US avg: 6.6%
Agriculture, forestry, fishing2.6%
US avg: 1.7%
Construction2.6%
US avg: 1.2%
Public administration1.8%
US avg: 4.7%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$67,100
+16%inflation adjusted, since 2000
from $38,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$545
−19%inflation adjusted, since 2000
from $446 in 2000
US average: $1,124
Owner-occupied
78.6%
+0.6 ptssince 2000
from 78.0% in 2000
21.4% rent
Afford Score
1.4
+13%since 2000
from 1.2 in 2000
1990 – 2024
RELATED:See current rent listings in New Market on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.9%(451)
Black0%(0)
Hispanic / Latino0.4%(2)
Asian0.4%(2)
Other0%
Diversity Score2.2%(10)
2020
White, non-Hispanic95.8%(369)
Black0%(0)
Hispanic / Latino0.5%(2)
Asian1.3%(5)
Other2.5%(10)
Diversity Score10.4%(40)
Diversity Score
10
+377%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
15.2%
+5.5 ptssince 2000
from 9.6% in 2000
US average: 32.9%
High school or higher
96.4%
+7.9 ptssince 2000
from 88.4% in 2000
US average: 88.5%
Graduate degree
0.9%
−1.3 ptssince 2000
from 2.3% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
20.6 min
+54%since 2000
from 13.4 min in 2000
US average: 26.9
Drive alone to work
71.3%
−9.2 ptssince 2009
from 80.5% in 2009
US average: 75.1%
No vehicle available
3.8%
−1.0 ptssince 2009
from 4.7% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.4%
−15.0 ptssince 2011
from 15.4% in 2011
US average: 5.4%
Labor force participation
65.9%
−5.8 ptssince 2011
from 71.8% in 2011
US average: 63.4%
Management & professional
25.7%
−29.3 ptssince 2009
from 55.0% in 2009
US average: 39.3%
Section 08

People & community

Male
49.7%
+6.2 ptssince 2009
from 43.5% in 2009
Female
50.3%
−6.2 ptssince 2009
from 56.5% in 2009
Foreign born
7.2%
+6.0 ptssince 2009
from 1.3% in 2009
US average: 13.5%
Uninsured
12.4%
−77.7 ptssince 2013
from 90.1% in 2013
US average: 8.8%
Drill deeper

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Compare New Market to nearby cities

NEW MARKET VS
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NEW MARKET VS
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NEW MARKET VS
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NEW MARKET VS
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Frequently asked

How many people live in New Market, Iowa?

New Market, Iowa has about 385 residents according to the 2020 American Community Survey.

What is the median household income in New Market, Iowa?

The typical household in New Market, Iowa earns about $49,125 a year. Half of households make more than that, and half make less.

Is New Market, Iowa expensive?

In New Market, Iowa, the median home is worth about $67,100, and the typical rent is about $545 a month.

How educated are people in New Market, Iowa?

About 15.2% of adults age 25 and over in New Market, Iowa hold a bachelor's degree or higher.

What is the poverty rate in New Market, Iowa?

About 6.8% of people in New Market, Iowa live below the federal poverty line.

Has New Market, Iowa grown since 1990?

Yes, New Market, Iowa has shrunk since 1990. The population has lost about 79 residents, a change of about -17 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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