Income & Economy in New Market town, VA (22844)
Median Income
$63,061
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+264
Wealth inflow
Population
4,674
Unemployment
6.6%
2.9pp above US avg
IRS migration statistics show a net inflow of about 264 for ZIP 22844 (New Market town, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 22844 (2020–Present)
Since 2020, population declined 4.2%, median income rose 19.8% (inflation-adjusted), home values decreased 1.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $63,061 |
| Unemployment | 6.6% |
| Establishments | 95 |
| Employees | 1,577 |