New Market

Population: 407
Median household income: $58,125
Median home value: $92,000

Located in Taylor County, Iowa, New Market is a community with a population of 407. Its median household income of $58,125 runs below the Taylor County figure of $67,279.

From 2019 to 2023, New Market's population declined 13.2% from 469 to 407, while its median home value rose 40.2% from $65,600 to $92,000.

14.2% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 75.5% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 407
Median age: 48.0 yrs
Median household income: $58,125
Median home value: $92,000
Median gross rent: $827
Housing units: 229
Homeownership rate: 75.5%
Bachelor's degree or higher: 14.2%
Unemployment rate: 2.5%

Trends

ACS 5-year · 2019–2023

Population

469407

Median household income

$48,523$58,125

Median home value

$65,600$92,000

Median gross rent

$515$827

Year	Population	Median household income	Median home value	Median gross rent
2019	469	$48,523	$65,600	$515
2020	483	$49,125	$67,100	$545
2021	399	$50,278	$69,400	$583
2022	370	$53,333	$75,000	$495
2023	407	$58,125	$92,000	$827

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 52.0%

5 to 1714.0%

18 to 246.4%

25 to 3416.0%

35 to 448.1%

45 to 5412.5%

55 to 6417.4%

65 to 7413.5%

75 and over10.1%

	Count	Share
Under 5	8	2.0%
5 to 17	57	14.0%
18 to 24	26	6.4%
25 to 34	65	16.0%
35 to 44	33	8.1%
45 to 54	51	12.5%
55 to 64	71	17.4%
65 to 74	55	13.5%
75 and over	41	10.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	374	91.9%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	21	5.2%
Hispanic or Latino (any race)	12	2.9%

Educational attainment (age 25+)

No high school diploma6.0%

High school graduate37.7%

Some college or associate's42.1%

Bachelor's degree14.2%

Graduate or professional degree0.0%

	Count	Share
No high school diploma	19	6.0%
High school graduate	119	37.7%
Some college or associate's	133	42.1%
Bachelor's degree	45	14.2%
Graduate or professional degree	0	0.0%

Commute to work

Mean travel time to work: 18 min

Drove alone76.0%

Carpooled14.0%

Public transit0.9%

Walked5.4%

Bicycle0.0%

Worked from home3.6%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	168	76.0%
Carpooled	31	14.0%
Public transit	2	0.9%
Walked	12	5.4%
Bicycle	0	0.0%
Worked from home	8	3.6%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	115	54.0%
15 to 29 min	42	19.7%
30 to 44 min	45	21.1%
45 to 59 min	0	0.0%
60+ min	11	5.2%

Households

Average household size: 2.08
Poverty rate: 13.8% (56 of 407)

	Count	Share
Family households	123	62.8%
Nonfamily households	73	37.2%

Housing

Median year structure built: 1946

Occupancy

	Count	Share
Occupied	196	85.6%
Vacant	33	14.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	148	75.5%
Renter-occupied	48	24.5%

1-unit, detached96.5%

1-unit, attached0.4%

2 to 4 units1.7%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other1.3%

Units in structure

	Count	Share
1-unit, detached	221	96.5%
1-unit, attached	1	0.4%
2 to 4 units	4	1.7%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	3	1.3%

Geography

Place GEOID: 1956370
Type (LSAD): 25
Land area: 0.43 sq mi
Water area: 0 sq mi
Center point: 40.7326, -94.9000