The Town FilesNew Market, Virginia
Town in Shenandoah County · population 2,155 (2020 Census)
- Median home
- $272,900
- Household income
- $51,410
- Jan low / Jul high
- 21° / 85°
- Snow a year
- 21 in
- Tornadoes ≤10 mi since 1950
- 6
- Median age
- 49.8
New Market is a town of 2,155 people in Shenandoah County, Virginia. The median home is worth $272,900, below the typical Virginia town ($298,050). It ranks better for retirees than 96% of Virginia towns, quieter than 87% of Virginia towns, better for cycling than 83% of Virginia towns.
How New Market ranks
Percentile among Virginia towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Virginia towns.
Homes and cost of living
The median home in New Market is worth $272,900, below the typical Virginia town ($298,050). Homes cost about 5.3 times the median household income of $51,410, which is more affordable than 12% of Virginia towns. Median rent is $919 a month. 42.9% of households own their home.
| Housing | New Market | Typical Virginia town |
|---|---|---|
| Median home value | $272,900 | $298,050 |
| Median rent | $919 | $1,254 |
| Median household income | $51,410 | $78,595 |
| Home value ÷ income | 5.3× | 3.8× |
| Homeownership | 42.9% | 69.2% |
| Median year built | 1984 | 1980 |
| Seasonal / vacation homes | 2.7% | — |
Who lives in New Market
| People | New Market | Typical Virginia town |
|---|---|---|
| Median age | 49.8 | 39.8 |
| Age 65 and over | 36.2% | 17.3% |
| Under 18 | 15.7% | — |
| Bachelor's degree or higher | 19.7% | 31.2% |
| Below the poverty line | 11.1% | 8.8% |
| Veterans | 13.9% | — |
| Born outside the U.S. | 4.4% | — |
| Work from home | 7.0% | 12.8% |
| Average commute | 23.5 min | 26.3 min |
| Homes with broadband | 89.4% | 91.8% |
Weather in New Market
July highs average 85.4°F and January lows 21.3°F. About 37.2 inches of rain and melted snow fall a year, with 20.6 inches of snow (typical Virginia town: 13.4 in). Expect about 18 days a year at 90°F or hotter and 132 nights at or below freezing.
Tornadoes, storms and disasters
6 tornadoes have passed within 10 miles of New Market since 1950, compared with 11 for the typical Virginia town. 1 rated (E)F2 or stronger. The strongest, an F2, struck on April 28, 2002 about 1.7 miles from the town center. The most recent was on July 21, 2026.
Hail of 1 inch or larger has been reported within 10 miles 21 times; the largest was 2.50 inches on July 2, 1968.
Severe weather in Shenandoah County since 1996
Shenandoah County has been included in 24 federal disaster or emergency declarations since 1953, most often for fire, flood, drought.
| Declared | Incident | Declaration |
|---|---|---|
| January 23, 2026 | Winter Storm | EM-3631: Severe Winter Storm |
| April 2, 2020 | Biological | DR-4512: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3448: Covid-19 |
| September 11, 2018 | Hurricane | EM-3403: Hurricane Florence |
| March 7, 2016 | Snowstorm | DR-4262: Severe Winter Storm And Snowstorm |
Jobs and pay in Shenandoah County
Shenandoah County had 13,484 jobs in 2024, paying an average of $49,986 a year. Unemployment was 2.7% in 2023; in New Market itself the ACS puts it at 6.5%.
Towns near New Market
- Timberville, VA5.6 mi · 2,963 people · home $231,000
- Mount Jackson, VA6.6 mi · 1,961 people · home $193,000
- Broadway, VA7.5 mi · 4,170 people · home $284,300
- Stanley, VA10.3 mi · 1,703 people · home $211,000
- Shenandoah, VA11.3 mi · 2,486 people · home $212,600
- Luray, VA11.8 mi · 4,831 people · home $253,900
- Basye, VA12.5 mi · 1,374 people · home $297,300
- Edinburg, VA13.6 mi · 1,178 people · home $231,500
New Market questions
Is New Market, Virginia a good place to retire?
On The Town Files lifestyle rankings, New Market scores better for retirees than 96% of Virginia towns and quieter than 87%. 36.2% of residents are 65 or older (median age 49.8).
How much does a house cost in New Market?
The median owner-occupied home in New Market is valued at $272,900 (Census ACS 2020–2024), against a median household income of $51,410, so homes cost about 5.3 times income. Median rent is $919 a month.
What is the weather like in New Market?
July highs average 85.4°F and January lows 21.3°F (NOAA 1991–2020 normals). It gets about 37.2 inches of precipitation a year and 20.6 inches of snow.
Does New Market get tornadoes?
6 tornadoes have passed within 10 miles of New Market since 1950 (NOAA Storm Events); the strongest was a F2 on April 28, 2002. The typical Virginia town has had 11.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)