How many renters in New Market, VA pay more than 30% of their income on rent?
37.2% (±17.9 points) of renting households in New Market, VA spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
22.8% spend 35% or more.
The median renting household spends 27.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 37.2% (±17.9 points)
- Paying 35% or more
- 22.8% (±11.8 points)
- Median share of income
- 27.7% (±2.1 points)
Rent as a share of income in New Market
| Share of income spent on rent | New Market | Shenandoah County | Virginia | United States |
|---|---|---|---|---|
| Less than 15% | 9.1% (±7.3 points) | 17.8% | 13.1% | 12.6% |
| 15% to 19.9% | 11.8% (±14.0 points) | 11.8% | 13.1% | 12.2% |
| 20% to 24.9% | 13.9% (±11.1 points) | 14.3% | 12.9% | 12.6% |
| 25% to 29.9% | 28.0% (±18.4 points) | 20.3% | 12.4% | 11.5% |
| 30% to 34.9% | 14.4% (±13.4 points) | 10.7% | 9.1% | 9.2% |
| 35% or more | 22.8% (±11.8 points) | 25.2% | 39.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
New Market against Shenandoah County, its state and the nation
| New Market | Shenandoah County | Virginia | United States | |
|---|---|---|---|---|
| Paying 30% or more | 37.2% (±17.9 points) | 35.9% (±6.9 points) | 48.5% (±0.5 points) | 51.1% |
| Paying 35% or more | 22.8% (±11.8 points) | 25.2% (±5.3 points) | 39.4% (±0.4 points) | 41.9% |
| Median share of income | 27.7% (±2.1 points) | 26.5% (±1.4 points) | 29.4% (±0.2 points) | 30.6% |
| Median renter household income | $44,087 (±$9,200) | $47,938 (±$3,375) | $60,343 (±$529) | $52,966 |
| Median gross rent | $919 (±$225) | $984 (±$31) | $1,579 (±$8) | $1,413 |
In New Market, the share of renters paying 30% or more of income is not measurably different from Shenandoah County (35.9%).
It is not measurably different from Virginia (48.5%).
It is not measurably different from the national figure (51.1%).
In Shenandoah County, New Market ranks 5 of 8 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 325 of 459.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near New Market
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| New Market | — | 37.2% (±17.9 points) | — |
| Timberville | 5.6 mi | 40.8% (±14.8 points) | Not measurably different |
| Mount Jackson | 6.6 mi | 39.4% (±14.3 points) | Not measurably different |
| Broadway | 7.5 mi | 46.0% (±13.1 points) | Not measurably different |
| Stanley | 10 mi | 30.3% (±12.4 points) | Not measurably different |
| Shenandoah | 11 mi | 15.1% (±19.2 points) | Not measurably different |
| Luray | 12 mi | 52.2% (±15.5 points) | Not measurably different |
| Basye | 13 mi | 72.5% (±52.6 points) | Not measurably different |
| Edinburg | 14 mi | 33.0% (±21.7 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Shenandoah County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Basye | 72.5% (±52.6 points) |
| 2 | Toms Brook | 68.3% (±30.7 points) |
| 3 | Strasburg | 51.3% (±20.1 points) |
| 4 | Mount Jackson | 39.4% (±14.3 points) |
| 5 | New Market | 37.2% (±17.9 points) |
| 6 | Woodstock | 33.3% (±15.0 points) |
| 7 | Edinburg | 33.0% (±21.7 points) |
| 8 | Maurertown | 0.0% (±141.4 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about New Market
Are renters in New Market rent-burdened?
37.2% of renting households in New Market pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in New Market spend on rent?
The median renting household in New Market, VA spends 27.7% (±2.1 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Market town, Virginia
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — New Market town, Virginia
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — New Market town, Virginia
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 town, Virginia (place:55848, in state:51).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 at a glance
- Median rent in New Market
- Rent by bedrooms in New Market
- Renters and owners in New Market
- Income and affordability in New Market
- Home values in New Market
- Homeowner costs in New Market
- Property taxes in New Market
- Types of homes in New Market
- Bedrooms in New Market
- Age of homes in New Market
- Heating fuel in New Market
- Commute and cars in New Market
- Crime reported to police in New Market
- Population growth in New Market
- How long people stay in New Market
- Virginia landlord and tenant rules
- Housing across Shenandoah County
- Virginia places ranked by rent burden
- Housing data for every place in Virginia