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New Market, VA Utility & Living Guide
New Market is a town in Shenandoah County, Virginia, United States. Founded as a small crossroads trading town in the Shenandoah Valley, it has a population of 2,155 as of the most recent 2020 U.S. census. The north–south U.S. 11 and the east–west U.S. 211 pass near it and cross Massanutten Mountain
Monthly Utility Costs
$140/mo
—
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1100/mo |
| 2 Bedrooms | $1400/mo |
| 3 Bedrooms | $2000/mo |
| Median Home Price | $280,000 |
| Property Tax Rate | 0.85% |
| Avg Childcare/mo | $1200 |
The housing market in New Market is relatively affordable, with a range of options from historic homes to new constructions. However, the town’s small size means that inventory can be limited, and prices may be higher than in surrounding rural areas. Rental options are also available, but may be scarce
Cost of Living
105
+5% above national average
102
98
100
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.3% |
| Property Tax Rate | 0.85% |
| <p>State 4.3% + Local 1%</p> | |
Virginia has a progressive state income tax, with rates ranging from 2% to 5.75%
Family & Relocation
60
7/10
$1200/mo
City Pulse
New Market has limited public transportation options, but the town is relatively walkable and bikeable, with some sidewalks and crosswalks
- Shenandoah Caverns
- New Market Battlefield State Historical Park
- Shenandoah River
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in New Market based on your household profile.
📰 Live Local News
The Town of New Market has zoning ordinances and building codes in place to regulate development and ensure public safety
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
Search by city name or ZIP code to find utility costs, housing data and cost of living guides.
📊 New Market — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in New Market can fluctuate significantly by season, with summer months bringing higher electricity bills due to air conditioning usage, and winter months bringing higher costs for heating. However, the town's mild climate means that these fluctuations are relatively moderate compared to other parts of the country
🏛️ Local Tax Details
The ZIP code 22844 has a property tax millage rate of 0.85, with no local surtaxes
👶 Family & Stroller Friendliness
6, with explanation: New Market has some sidewalks and crosswalks, but they can be uneven and limited in some areas, and the town's hilly terrain can make it difficult to navigate with a stroller
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