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

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentNew MarketShenandoah CountyVirginiaUnited 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 more22.8% (±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

Estimate (90% margin of error)
New MarketShenandoah CountyVirginiaUnited States
Paying 30% or more37.2% (±17.9 points)35.9% (±6.9 points)48.5% (±0.5 points)51.1%
Paying 35% or more22.8% (±11.8 points)25.2% (±5.3 points)39.4% (±0.4 points)41.9%
Median share of income27.7% (±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

Nearest places with a published estimate, compared with New Market
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
New Market—37.2% (±17.9 points)—
Timberville5.6 mi40.8% (±14.8 points)Not measurably different
Mount Jackson6.6 mi39.4% (±14.3 points)Not measurably different
Broadway7.5 mi46.0% (±13.1 points)Not measurably different
Stanley10 mi30.3% (±12.4 points)Not measurably different
Shenandoah11 mi15.1% (±19.2 points)Not measurably different
Luray12 mi52.2% (±15.5 points)Not measurably different
Basye13 mi72.5% (±52.6 points)Not measurably different
Edinburg14 mi33.0% (±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

RankPlaceRenters paying 30% or more of income
1Basye72.5% (±52.6 points)
2Toms Brook68.3% (±30.7 points)
3Strasburg51.3% (±20.1 points)
4Mount Jackson39.4% (±14.3 points)
5New Market37.2% (±17.9 points)
6Woodstock33.3% (±15.0 points)
7Edinburg33.0% (±21.7 points)
8Maurertown0.0% (±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

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.

Request a Census API 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 .

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