New Market, IA Employment - Median Household Income, Unemployment Rate

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C

4%

Income/capita NAT. AVG.

11%

Household income NAT. AVG.

95%

Unemployment NAT. AVG.

Index	New Market	Iowa	National
Income per capita	$28,687	$28,872	$29,829
Median household income	$49,125	$54,570	$55,322
Median income owner occupied	$68,750	$66,527	$70,586
Median income renter occupied	$30,313	$30,828	$35,192
Median earnings male	$42,788	$37,409	$36,919
Median earnings female	$0	$25,115	$26,250
Unemployment rate	0.2%	3.1%	4.7%
Poverty level	6.8%	12.3%	15.1%

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Key findings

The income per capita in New Market is 4% lower than the national average
The median household income in New Market is 11% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in New Market is 95% lower than the national average
The poverty level in New Market is 55% lower than the national average

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am i middle class

$32,746 $49,125 $98,250

City

$36,376 $54,570 $109,140

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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New Market median earnings by income bracket

New Market employment by industry

Labour Type	Male	Female
Construction industry	14.5%	14.5%
Manufacturing sector	36.2%	36.2%
Financial & insurance services	2.2%	2.2%
Wholesale & retail services	3.6%	3.6%
Public administration	11.6%	11.6%
Transportation, warehousing & utilities	10.1%	10.1%
Education, health & social services	0.7%	0.7%
Other	18.1%	18.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Bedford, IA	1,493	$63,958	15.6%
Yorktown, IA	47	$53,750	2.8%
Elmo, MO	177	$50,625	8.5%
Villisca, IA	1,162	$50,436	8.8%
Clarinda, IA	5,371	$48,309	12.7%
New Market, IA	483	$49,125	11.2%

Cities with similar population

City	Population	Household Income	National Avg.
Dennard, AR	483	$28,125	49.2%
Sopchoppy, FL	483	$41,875	24.3%
Sharpsburg, GA	483	$65,179	17.8%
Peterson, IA	483	$62,143	12.3%
Gorham, KS	483	$55,921	1.1%
New Market, IA	483	$49,125	11.2%

Source: The New Market, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).