Living in New Market, Pennsylvania

Cost of living, income, home prices, rent and demographics of New Market · Census data 2020–2024

New Market has 718 residents with a median age of 35.5. The median household income is $34,500 (56% lower than the Pennsylvania median), the median home value is $157,900, the median rent is $858/month.

New Market is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

New Market at a glance

Population
718
Median age
35.5State: 40.9
Median household income
$34,500State: $77,971
Median home value
$157,900State: $254,500
Median rent
$858/moState: $1,209
Homeowners
31.2%
Bachelor's degree or higher
6.3%
Average commute
17 min

Is New Market a good place to live?

Pros: Home values 38% lower than the state median; an average commute of 17 minutes.

Cons: Median household income 56% lower than the Pennsylvania median; unemployment of 6.3%; a poverty rate of 35.5%.

The weather is best in May–June and August–September.

Cost of living in New Market

Housing is the biggest part of the cost of living. In New Market the median home value is $157,900, 53% lower than the U.S. median. Renters pay a median of $858 per month, which is 32.7% of household income. Homeowners with a mortgage pay $1,639 a month in housing costs.

Median home value

New Market$157,900
Pennsylvania$254,500
United States$332,700

Median monthly rent

New Market$858
Pennsylvania$1,209
United States$1,413

New Market median household income

The median household income in New Market is $34,500 and the income per person is $27,062. 35.5% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

New Market$34,500
Pennsylvania$77,971
United States$80,734

Housing in New Market: homes for sale and rent

Housing units
324
Owner-occupied
31.2%
Renter-occupied
68.8%
Vacant
0%Includes seasonal homes
Median year built
1962
Average household size
2.22

New Market demographics

Population
718
Median age
35.5
Under 18
32.3%
65 and older
12.3%
Households
324
Foreign-born
2.5%
Veterans
5.6%Adults 18+

Race and ethnicity

White85.8%
Hispanic or Latino4.9%
Black7.9%
Asian0%

Hispanic or Latino can be of any race. Population history of New Market ›

Education in New Market

6.3% of adults 25 and older in New Market have a bachelor's degree or higher (Pennsylvania: 35.2%), and 2.2% have a graduate or professional degree.

Bachelor's degree or higher

New Market6.3%
Pennsylvania35.2%
United States35.7%

Jobs and commute in New Market

Unemployment rate
6.3%State: 5.3%
Average commute
17 minState: 26 min
Work from home
7.5%
Drive alone
90.8%
Public transit
0%
Walk to work
0%
Homes with broadband
79.9%

New Market vs nearby towns

TownPopulationMedian incomeHome valueRent
New Market718$34,500$157,900$858
New Cumberland7,580$82,154$244,500$980
Steelton6,296$58,194$134,800$1,289
Enhaut1,197$73,836$155,900—
Bressler2,060$76,181$173,400$1,343
Oberlin269$125,809$229,400—
Lemoyne4,742$62,086$241,300$993
Paxtang1,662$87,083$180,400$1,091
Swatara27,953$80,444$214,400$1,252

More for people moving to New Market

New Market ZIP code ›Weather and climate ›

Living in New Market: FAQ

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

The median household income in New Market is $34,500, 56% lower than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in New Market?

The median home value in New Market is $157,900, compared with $254,500 in Pennsylvania.

How much is rent in New Market?

The median gross rent in New Market is $858 per month, about 32.7% of household income.

Is New Market, PA a good place to live?

Pluses: home values 38% lower than the state median; an average commute of 17 minutes. Minuses: median household income 56% lower than the Pennsylvania median; unemployment of 6.3%; a poverty rate of 35.5%.

What is the median age in New Market?

The median age in New Market is 35.5 years (Pennsylvania: 40.9).

How long is the commute in New Market?

The average commute to work in New Market is 17 minutes; 7.5% of workers work from home.

What is the unemployment rate in New Market?

The unemployment rate in New Market is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is New Market?

6.3% of adults in New Market have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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