2016-07-19 13 49 12 View south along U.S. Route 11 and west along U.S. Route 211 (Congress Street) at Old Cross Road in New Market, Shenandoah County, Virginia · Famartin / CC BY-SA 4.0Virginia Museum of the Civil War - Stierch · Sarah Stierch / CC BY 4.02019-06-06 10 10 29 View south along Interstate 81 at Exit 264 (U.S. Route 211, New Market, Timberville, Luray) in New Market, Shenandoah County, Virginia · Famartin / CC BY-SA 4.0
New Market is a small town of 2,162 in Virginia, with a median household income of $47,855
and a 1.9% unemployment rate.
Its cost of living index is 94 (US average = 100), which is
6% below the national average.
Strengths:
New Market stands out for an affordable cost of living, below-average home prices, lower-than-average crime, short average commutes.
Trade-offs:
No major red flags stand out in the available data. Whether New Market is right for you depends on your priorities — the full breakdown is below.
All New Market city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 93.8
New Market's overall cost of living index is 93.8,
where 100 represents the US national average.
Living in New Market costs roughly 6% less than the average American city.
Metric
New Market, VA
National Avg
Median Home Value
$237,000
$244,900
Median Monthly Rent
$742
$1,163
Homeownership Rate
39.8%
65.9%
Median Household Income
$47,855
$74,755
Crime & Safety
Very Safe
New Market's violent crime rate is 90.6 per 100,000 residents
— 76% lower than the national average of ~380 per 100,000.
Violent Crime
90.6 /100k
Property Crime
679.3 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
New Market, VA
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
23.8%
35.4%
High School Diploma or Higher
84.8%
91.1%
Weather & Climate
New Market sees average highs of 42.5°F in January
and 85.4°F in July,
with 42.2 inches of annual precipitation
and 21.0 inches of snow per year.
New Market's cost of living index is 94, where 100 is the national average.
That makes New Market roughly 6% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $237,000 and median rent is $742/month.
New Market's violent crime rate is 90.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 679.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
New Market, VA has a population of 2,162, a median household income of $47,855, and an unemployment rate of 1.9%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Market averages 42.5°F in January and 85.4°F in July. Annual rainfall is 42.2 inches
with about 21.0 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
New Market, VA is covered by 1 ZIP code: 22844.
The population of New Market, Virginia is 2,162 with a median age of 57.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Market: cost of living index 94 (100 = US average), median home $237,000, median household income $47,855, crime index 27 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare New Market side by side with your current city to see the trade-offs.
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