What is the median household income in New Market Township, OH?
The median household income in New Market Township, OH is $70,217 (±$14,020) a year (2020–2024 American Community Survey).
Paying the median gross rent of $868 a month would take about $34,700 a year at the common guideline of spending no more than 30% of income on rent.
In New Market Township, the median household income went from $43,618 in 2015–2019 to $70,217 in 2020–2024 (+61.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $70,217 (±$14,020)
- Income to afford median rent
- about $34,700
Income in New Market Township against Highland County, its state and the nation
| New Market Township | Highland County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $70,217 (±$14,020) | $65,785 (±$1,628) | $71,389 (±$321) | $80,734 |
| Median renter household income | — | $39,526 (±$9,344) | $42,829 (±$325) | $52,966 |
| Median owner household income | $76,579 (±$7,862) | $73,260 (±$3,819) | $90,122 (±$343) | $100,009 |
| Median gross rent | $868 (±$65) | $780 (±$21) | $1,034 (±$5) | $1,413 |
In New Market Township, median household income is not measurably different from Highland County ($65,785).
It is not measurably different from Ohio ($71,389).
It is not measurably different from the national figure ($80,734).
In Highland County, New Market Township ranks 10 of 23 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1217 of 2,325.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in New Market Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $868 a month ($10,416 a year) needs an income of about $34,700 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $43,618 (±$21,842) | $70,217 (±$14,020) | +61.0% | No measurable change after inflation |
| Median gross rent | $690 (±$91) | $868 (±$65) | +25.8% | No measurable change after inflation |
| Median home value | $140,500 (±$41,684) | $271,100 (±$57,104) | +93.0% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near New Market Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| New Market Township | — | $70,217 (±$14,020) | — |
| Hamer Township | 3.8 mi | $54,200 (±$24,577) | Not measurably different |
| Hillsboro | 5.1 mi | $55,521 (±$7,182) | Not measurably different |
| Liberty Township (Highland County) | 6.5 mi | $62,647 (±$8,632) | Not measurably different |
| Concord Township (Highland County) | 6.7 mi | $45,066 (±$20,030) | Lower |
| Whiteoak Township | 7.5 mi | $77,500 (±$25,519) | Not measurably different |
| Union Township (Highland County) | 7.6 mi | $67,481 (±$12,804) | Not measurably different |
| Salem Township (Highland County) | 7.7 mi | $49,306 (±$19,089) | Not measurably different |
| Dodson Township | 8.3 mi | $70,441 (±$12,586) | Not measurably different |
Nearby places with a measurably lower figure: Concord Township (Highland County), OH ($45,066).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Highland County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 4 | Leesburg | $77,102 (±$9,111) |
| 5 | Fairfield Township (Highland County) | $72,972 (±$5,400) |
| 6 | Mowrystown | $72,813 (±$53,102) |
| 7 | Clay Township (Highland County) | $71,310 (±$25,737) |
| 8 | Lynchburg | $70,956 (±$8,824) |
| 9 | Dodson Township | $70,441 (±$12,586) |
| 10 | New Market Township | $70,217 (±$14,020) |
| 11 | Union Township (Highland County) | $67,481 (±$12,804) |
| 12 | Marshall Township | $67,321 (±$22,646) |
| 13 | Brushcreek Township | $65,670 (±$13,963) |
| 14 | Jackson Township (Highland County) | $64,398 (±$31,159) |
| 15 | Liberty Township (Highland County) | $62,647 (±$8,632) |
| 16 | Madison Township (Highland County) | $59,286 (±$11,660) |
Showing 13 of 23 places in Highland County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in New Market Township
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Questions about New Market Township
What is the median household income in New Market Township?
The median household income in New Market Township is $70,217 (±$14,020) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in New Market Township?
About $34,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $868 a month.
Have incomes in New Market Township kept up with inflation?
In New Market Township, the median household income went from $43,618 in 2015–2019 to $70,217 in 2020–2024 (+61.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — New Market township, Highland County, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — New Market township, Highland County, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Market township, Highland County, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — New Market township, Highland County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Market township, Highland County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — New Market township, Highland County, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for New Market township, Highland County, Ohio (county subdivision:55048, in state:39 county:071).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in New Market Township at a glance
- Median rent in New Market Township
- Home values in New Market Township
- Homeowner costs in New Market Township
- Property taxes in New Market Township
- Types of homes in New Market Township
- Heating fuel in New Market Township
- Commute and cars in New Market Township
- Population growth in New Market Township
- Ohio landlord and tenant rules
- Housing across Highland County
- Ohio places ranked by median household income
- Housing data for every place in Ohio