Last updated: 2024 BLS data · Page refreshed:
New Market has a population of 2,342 with a median age of 49.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,342 |
| Median Age | 49.8 |
| White | 85.9% |
| Black or African American | 2.2% |
| Asian | 0.6% |
| Hispanic or Latino | 11.0% |
The median household income in New Market is $51,410, which is 36.2% below the national median of $80,610. The per capita income is $31,839. The poverty rate is 11.1%.
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In New Market, 84.2% of residents age 25+ have a high school diploma or higher, and 19.7% hold a bachelor's degree or higher (8.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 84.2% |
| Bachelor's Degree or Higher | 19.7% |
| Graduate or Professional Degree | 8.3% |
The median home value in New Market is $272,900, below the national median of $303,400. The median monthly rent is $919. The homeownership rate is 42.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $272,900 |
| Median Monthly Rent | $919 |
| Homeownership Rate | 42.9% |
| Vacancy Rate | 7.5% |
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