In 1916 a part of the rural municipality of Markaryd was detached from it, forming a market town (köping) with the same name.

The nature is mainly dominated by forests, as usually in Småland, but there are also significant agricultural areas.

Stretching from the northern to the southern parts is the river Lagan, making up the foundation of the water system with opportunities for fishing, canoeing and camping.

There are also specific areas created for walks in forest and wildlife nature, and just east of the town Markaryd is a possibility for moose safari, arranged by Smalandet.

This is a demographic table based on Markaryd Municipality's electoral districts in the 2022 Swedish general election sourced from SVT's election platform, in turn taken from SCB official statistics.