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CITY · 2020 ACS

New Market

Indiana · 559 residents · 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 $58,088. Population has fallen 15% since 2000, a loss of 100 residents. 9% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $93,500. Poverty is rare here, at 5.5% of residents.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 39.4
US median: 38.8
Less educated
9% hold a bachelor's degree
US average: 33%
More affordable
home values down 18%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
559
−15%since 2000
from 659 in 2000
1990 – 2025
Population density
2,055 / sq mi
−15%since 2000
from 2,423 / sq mi in 2000
US average: 280
Median age
39.4
+14%since 2000
from 34.7 in 2000
US average: 38.8
Population, 1990 – 2024
4665496337167991990201020202024New Market
2024509
1990201020202024
Section 02

Income & economy

Median household income
$58,088
−15%inflation adjusted, since 2000
from $45,385 in 2000
US average: $66,278
1990 – 2024
Per capita income
$27,379
+53%since 2000
from $17,937 in 2000
US average: $35,364
Households earning $100K+
34.1%
+15.3 ptssince 2009
from 18.8% in 2009
US average: 43.9%
Poverty rate
5.5%
+5.0 ptssince 2000
from 0.5% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade29.4%
US avg: 10%
Finance & insurance10.2%
US avg: 5.5%
Information6.8%
US avg: 11.1%
Professional, scientific, technical6.5%
US avg: 4.7%
Education & health services3.7%
US avg: 0.8%
Transportation & warehousing3.4%
US avg: 2.5%
Wholesale trade1.5%
US avg: 6.7%
Arts, entertainment, food1.2%
US avg: 2%
Other services0.9%
US avg: 6.6%
Public administration0.9%
US avg: 4.7%
Agriculture, forestry, fishing0.6%
US avg: 1.7%
Construction0.6%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$93,500
−18%inflation adjusted, since 2000
from $76,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$838
+19%inflation adjusted, since 2000
from $469 in 2000
US average: $1,124
Owner-occupied
86.3%
+4.6 ptssince 2000
from 81.7% in 2000
13.7% rent
Afford Score
1.6
−4%since 2000
from 1.7 in 2000
1990 – 2024
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)
2020
White, non-Hispanic95.2%(532)
Black0%(0)
Hispanic / Latino1.8%(10)
Asian0.5%(3)
Other0%(0)
Diversity Score5.8%(33)
Diversity Score
6
+1443%since 2000
from 0 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
9.3%
+1.0 ptssince 2000
from 8.2% in 2000
US average: 32.9%
High school or higher
98.2%
+5.2 ptssince 2000
from 93.0% in 2000
US average: 88.5%
Graduate degree
3.8%
+1.3 ptssince 2000
from 2.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
20.0 min
+30%since 2000
from 15.4 min in 2000
US average: 26.9
Drive alone to work
85.1%
−3.2 ptssince 2009
from 88.3% in 2009
US average: 75.1%
No vehicle available
0.8%
+0.8 ptssince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.2%
−6.4 ptssince 2011
from 10.6% in 2011
US average: 5.4%
Labor force participation
64.6%
+7.2 ptssince 2011
from 57.3% in 2011
US average: 63.4%
Management & professional
35.3%
−31.2 ptssince 2009
from 66.4% in 2009
US average: 39.3%
Section 08

People & community

Male
53.8%
+9.3 ptssince 2009
from 44.5% in 2009
Female
46.2%
−9.3 ptssince 2009
from 55.5% in 2009
Foreign born
0.3%
+0.3 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
4.2%
−82.6 ptssince 2013
from 86.8% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare New Market to nearby cities

NEW MARKET VS
Crawfordsville
Income$55,033−5%
Home value$134,000+43%
Population16,699+2845%
SEE FULL COMPARISON →
NEW MARKET VS
Greencastle
Income$55,565−4%
Home value$169,200+81%
Population9,924+1650%
SEE FULL COMPARISON →
NEW MARKET VS
Lebanon
Income$65,154+12%
Home value$195,600+109%
Population17,913+3059%
SEE FULL COMPARISON →
NEW MARKET VS
Danville
Income$97,083+67%
Home value$298,200+219%
Population13,415+2266%
SEE FULL COMPARISON →
Frequently asked

How many people live in New Market, Indiana?

New Market, Indiana has about 559 residents according to the 2020 American Community Survey.

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

The typical household in New Market, Indiana earns about $58,088 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 $93,500, and the typical rent is about $838 a month.

How educated are people in New Market, Indiana?

About 9.3% 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 5.5% 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 53 residents, a change of about -9 percent over that period.

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

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