New Market, PA
Population 826 · Pennsylvania
About New Market, PA
New Market is a small community in Pennsylvania with a population of 826 residents. The median household income is $41,364 per year, which is below the national average. The median age in New Market is 36.4 years.
Housing in New Market has a median home value of $160,200 and median monthly rent of $742. Of the 406 total housing units, renting is more common than owning, with 95 owner-occupied and 305 renter-occupied units.
The unemployment rate in New Market is 3.4% and the poverty rate is 23.4%. 18.2% of residents hold a bachelor's degree or higher. The average commute time is 22.1 minutes.
Cost of Living in New Market, PA
Compared to national averages, New Market has a median household income of $41,364 (45% below the national median of $75,149). Home values average $160,200, which is 35% below the national median. Monthly rent at $742 is 36% below the US average of $1,163. Within Pennsylvania, New Market's income is 44% below the state average of $73,376, and home values are 16% below the state median of $190,903.
Why Live in New Market, PA?
New Market offers affordable housing with a median home value of $160,200, below the US average of $244,900, and rent that’s lower than the national average at $742/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features short commute times averaging just 22.1 minutes.
Potential considerations include median household income ($41,364) that falls below the national average. However, New Market’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Market has a population of 826 with a median age of 36.4 years. Compare New Market with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near New Market
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Montandon | 823 | $50,306 | $187,500 | Compare |
| Riegelsville | 823 | $92,917 | $317,500 | Compare |
| Saylorsburg | 823 | $87,731 | $211,400 | Compare |
| South Fork | 823 | $42,125 | $50,200 | Compare |
| Galeton | 822 | $67,521 | $107,800 | Compare |
| McAlisterville | 830 | $53,529 | $152,500 | Compare |
| Fawn Lake Forest | 820 | $87,609 | $227,200 | Compare |
| Friedensburg | 833 | $64,474 | $163,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New Market
What is the population of New Market, PA?
The population of New Market, PA is 826 according to the latest Census data.
What is the median household income in New Market?
The median household income in New Market, PA is $41,364 per year.
What is the median home value in New Market?
The median home value in New Market, PA is $160,200.
What is the average rent in New Market?
The median monthly rent in New Market, PA is $742.
What is the unemployment rate in New Market?
The unemployment rate in New Market, PA is 3.4%.