Last updated: 2024 BLS data · Page refreshed:
New Market has a population of 1,314 with a median age of 38.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,314 |
| Median Age | 38.3 |
| White | 77.1% |
| Black or African American | 16.7% |
| Asian | 2.4% |
| Hispanic or Latino | 6.8% |
The median household income in New Market is $62,500, which is 22.5% below the national median of $80,610. The per capita income is $30,808. The poverty rate is 10.1%.
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In New Market, 90.1% of residents age 25+ have a high school diploma or higher, and 23.8% hold a bachelor's degree or higher (6.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 90.1% |
| Bachelor's Degree or Higher | 23.8% |
| Graduate or Professional Degree | 6.3% |
The median home value in New Market is $112,500, below the national median of $303,400. The median monthly rent is $1,054. The homeownership rate is 86.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $112,500 |
| Median Monthly Rent | $1,054 |
| Homeownership Rate | 86.9% |
| Vacancy Rate | 7.1% |
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