Last updated: 2024 BLS data · Page refreshed:
Newmarket has a population of 5,679 with a median age of 38.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 5,679 |
| Median Age | 38.3 |
| White | 89.5% |
| Black or African American | 0.9% |
| Asian | 1.9% |
| Hispanic or Latino | 1.5% |
| Other / Two or More Races | 6.2% |
The median household income in Newmarket is $87,196, which is 8.2% above the national median of $80,610. The per capita income is $53,454. The poverty rate is 6.9%.
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In Newmarket, 98.5% of residents age 25+ have a high school diploma or higher, and 48.9% hold a bachelor's degree or higher (18.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.5% |
| Bachelor's Degree or Higher | 48.9% |
| Graduate or Professional Degree | 18.6% |
The median home value in Newmarket is $423,500, above the national median of $303,400. The median monthly rent is $1,701. The homeownership rate is 37.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $423,500 |
| Median Monthly Rent | $1,701 |
| Homeownership Rate | 37.1% |
| Vacancy Rate | 4.4% |
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