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CITY

New Market

Indiana · 567 residents (2025 est.) · 0.272 sq mi
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Part of the Crawfordsville micropolitan area
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The short version

New Market has lower-than-average household income, with a median household income of $67,969. Population has fallen 23% since 2000, a loss of 150 residents. 12% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $142,300. With a median age of 44.3, the population is older than the US median of 38.9.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 44.3
US median: 38.9
Less educated
12% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
509
−23%since 2000
from 659 in 2000
1990 – 2025
Population density
1,871 / sq mi
−23%since 2000
from 2,423 / sq mi in 2000
US average: 281
Median age
44.3
+28%since 2000
from 34.7 in 2000
US average: 38.9

PEP 2025 EST:567 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
4665496337167991990201020202024New Market
2024509
1990201020202024
Section 02

Income & economy

Median household income
$67,969
−18%inflation adjusted, since 2000
from $45,385 in 2000
US average: $82,259
1990 – 2024
Per capita income
$36,898
+106%since 2000
from $17,937 in 2000
US average: $44,673
Households earning $100K+
45.6%
+26.8 ptssince 2009
from 18.8% in 2009
US average: 53.3%
Poverty rate
1.8%
+1.3 ptssince 2000
from 0.5% in 2000
US average: 12.5%
Income inequality (Gini)
0.309
−6%since 2010
from 0.330 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade21.5%
US avg: 9.9%
Information10%
US avg: 10.8%
Finance & insurance9.3%
US avg: 5.9%
Education & health services5.7%
US avg: 0.9%
Other services5.4%
US avg: 6.7%
Public administration5.4%
US avg: 4.8%
Professional, scientific, technical3.6%
US avg: 5.1%
Arts, entertainment, food3.6%
US avg: 1.9%
Agriculture, forestry, fishing0.7%
US avg: 1.6%
Construction0.7%
US avg: 1.2%
Wholesale trade0.7%
US avg: 6.9%
Transportation & warehousing0.4%
US avg: 2.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$142,300
+3%inflation adjusted, since 2000
from $76,100 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$935
+9%inflation adjusted, since 2000
from $469 in 2000
US average: $1,442
Owner-occupied
80.8%
−1.0 ptssince 2000
from 81.7% in 2000
19.2% rent
Vacancy rate
5.2%
+1.1 ptssince 2009
from 4.1% in 2009
US average: 10.0%
Owner cost-burdened
7.8%
−4.2 ptssince 2009
from 12.0% in 2009
US average: 22.9%
Renter cost-burdened
15.2%
−9.3 ptssince 2009
from 24.5% in 2009
US average: 47.4%
Afford Score
2.1
+25%since 2000
from 1.7 in 2000
1990 – 2024
Gentrification Score
63
RELATED:See current rent listings in New Market on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic99.8%(658)
Black0%(0)
Hispanic / Latino0.2%(1)
Asian0%(0)
Other0%
Diversity Score0.4%(2)
2024
White, non-Hispanic96.7%(492)
Black0%(0)
Hispanic / Latino1.8%(9)
Asian0%(0)
Other1.6%(8)
Diversity Score8.1%(41)
Diversity Score
8
+2049%since 2000
from 0 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
12.1%
+3.8 ptssince 2000
from 8.2% in 2000
US average: 35.6%
High school or higher
96.0%
+3.0 ptssince 2000
from 93.0% in 2000
US average: 89.6%
Graduate degree
2.9%
+0.4 ptssince 2000
from 2.6% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.3 min
+38%since 2000
from 15.4 min in 2000
US average: 26.5
Drive alone to work
90.4%
+2.0 ptssince 2009
from 88.3% in 2009
US average: 68.9%
Carpooled to work
5.6%
+3.2 ptssince 2009
from 2.3% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
4.1%
−4.3 ptssince 2009
from 8.3% in 2009
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
−1.0 ptssince 2009
from 1.0% in 2009
US average: 0.4%
No vehicle available
0.8%
+0.8 ptssince 2009
from 0.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.1%
−8.5 ptssince 2011
from 10.6% in 2011
US average: 5.2%
Labor force participation
64.0%
+6.7 ptssince 2011
from 57.3% in 2011
US average: 63.5%
Self-employed
26.5%
+9.6 ptssince 2009
from 16.9% in 2009
US average: 13.1%
Management & professional
43.7%
−22.7 ptssince 2009
from 66.4% in 2009
US average: 42.5%
Section 08

People & community

Male
46.0%
+1.5 ptssince 2009
from 44.5% in 2009
Female
54.0%
−1.5 ptssince 2009
from 55.5% in 2009
Foreign born
0.2%
+0.2 ptssince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
12.2%
−31.5 ptssince 2009
from 43.7% in 2009
US average: 6.2%
With a disability
18.1%
+4.6 ptssince 2012
from 13.5% in 2012
US average: 13.3%
Uninsured
9.0%
−77.8 ptssince 2013
from 86.8% in 2013
US average: 8.4%
Broadband at home
82.8%
+4.2 ptssince 2017
from 78.6% in 2017
US average: 91.0%
English only at home
100.0%
+0.8 ptssince 2016
from 99.2% in 2016
US average: 77.7%
Spanish at home
0.0%
−0.8 ptssince 2016
from 0.8% in 2016
US average: 13.6%
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Head to head

Compare New Market to nearby cities

NEW MARKET VS
Crawfordsville
Income$55,033−19%
Home value$134,000−6%
Population16,699+2845%
SEE FULL COMPARISON →
NEW MARKET VS
Greencastle
Income$55,565−18%
Home value$169,200+19%
Population9,924+1650%
SEE FULL COMPARISON →
NEW MARKET VS
Lebanon
Income$65,154−4%
Home value$195,600+37%
Population17,913+3059%
SEE FULL COMPARISON →
NEW MARKET VS
Danville
Income$97,083+43%
Home value$298,200+110%
Population13,415+2266%
SEE FULL COMPARISON →
Frequently asked

How many people live in New Market, Indiana?

New Market, Indiana has about 509 residents according to the 2024 American Community Survey.

What is the median household income in New Market, Indiana?

The typical household in New Market, Indiana earns about $67,969 a year. Half of households make more than that, and half make less.

Is New Market, Indiana expensive?

In New Market, Indiana, the median home is worth about $142,300, and the typical rent is about $935 a month.

How educated are people in New Market, Indiana?

About 12.1% of adults age 25 and over in New Market, Indiana hold a bachelor's degree or higher.

What is the poverty rate in New Market, Indiana?

About 1.8% of people in New Market, Indiana live below the federal poverty line.

Has New Market, Indiana grown since 1990?

Yes, New Market, Indiana has shrunk since 1990. The population has lost about 103 residents, a change of about -17 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →