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CITY

New Market

Tennessee · 1,431 residents (2025 est.) · 4.233 sq mi
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The short version

New Market has lower-than-average household income, with a median household income of $72,321. Population has grown 31% since 2000. Median home value has more than doubled since 2000, reaching $180,400.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 41.8
US median: 38.9
Less educated
27% hold a bachelor's degree
US average: 36%
Less affordable
home values up 26%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,619
+31%since 2000
from 1,234 in 2000
1990 – 2025
Population density
382 / sq mi
+31%since 2000
from 292 / sq mi in 2000
US average: 281
Median age
41.8
+10%since 2000
from 37.9 in 2000
US average: 38.9

PEP 2025 EST:1,431 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
1K1K1K2K2K1990201020202024New Market
20242K
1990201020202024
Section 02

Income & economy

Median household income
$72,321
Unchangedinflation adjusted, since 2000
from $39,583 in 2000
US average: $82,259
1990 – 2024
Per capita income
$31,094
+78%since 2000
from $17,439 in 2000
US average: $44,673
Households earning $100K+
45.9%
+29.3 ptssince 2009
from 16.6% in 2009
US average: 53.3%
Poverty rate
7.5%
+1.8 ptssince 2000
from 5.7% in 2000
US average: 12.5%
Income inequality (Gini)
0.338
−11%since 2010
from 0.378 in 2010
US average: 0.476
Workforce by industry, 2024
Information19.2%
US avg: 10.8%
Retail trade14.1%
US avg: 9.9%
Finance & insurance3.5%
US avg: 5.9%
Professional, scientific, technical2%
US avg: 5.1%
Wholesale trade1.9%
US avg: 6.9%
Other services1.8%
US avg: 6.7%
Education & health services1.4%
US avg: 0.9%
Public administration1.3%
US avg: 4.8%
Transportation & warehousing1.1%
US avg: 2.2%
Agriculture, forestry, fishing0.8%
US avg: 1.6%
Arts, entertainment, food0.7%
US avg: 1.9%
Manufacturing0.6%
US avg: 0.4%
Construction0.2%
US avg: 1.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$180,400
+26%inflation adjusted, since 2000
from $78,800 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$943
+23%inflation adjusted, since 2000
from $421 in 2000
US average: $1,442
Owner-occupied
75.5%
−11.8 ptssince 2000
from 87.3% in 2000
24.5% rent
Vacancy rate
6.3%
+0.4 ptssince 2009
from 5.9% in 2009
US average: 10.0%
Owner cost-burdened
10.3%
−10.7 ptssince 2009
from 20.9% in 2009
US average: 22.9%
Renter cost-burdened
7.7%
−21.3 ptssince 2009
from 29.0% in 2009
US average: 47.4%
Afford Score
2.5
+25%since 2000
from 2.0 in 2000
1990 – 2024
Gentrification Score
80
RELATED:See current rent listings in New Market on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic90.7%(1,119)
Black3.9%(48)
Hispanic / Latino3.6%(45)
Asian0.4%(5)
Other0%
Diversity Score19%(234)
2024
White, non-Hispanic91.8%(1,486)
Black2.8%(46)
Hispanic / Latino0%(0)
Asian0.1%(2)
Other5.3%(85)
Diversity Score19.2%(312)
Diversity Score
19
+2%since 2000
from 19 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
27.4%
+10.9 ptssince 2000
from 16.6% in 2000
US average: 35.6%
High school or higher
94.8%
+20.4 ptssince 2000
from 74.4% in 2000
US average: 89.6%
Graduate degree
4.5%
−2.5 ptssince 2000
from 7.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
24.9 min
+28%since 2000
from 19.5 min in 2000
US average: 26.5
Drive alone to work
72.4%
−0.9 ptssince 2009
from 73.3% in 2009
US average: 68.9%
Carpooled to work
8.1%
−11.0 ptssince 2009
from 19.1% in 2009
US average: 8.5%
Public transit
5.6%
+5.6 ptssince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
4.2%
+0.9 ptssince 2009
from 3.3% in 2009
US average: 15.0%
Walked to work
9.7%
+6.3 ptssince 2009
from 3.5% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
1.2%
−1.2 ptssince 2009
from 2.4% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.4%
−3.1 ptssince 2011
from 6.5% in 2011
US average: 5.2%
Labor force participation
66.3%
−2.1 ptssince 2011
from 68.4% in 2011
US average: 63.5%
Self-employed
22.1%
+3.5 ptssince 2009
from 18.6% in 2009
US average: 13.1%
Management & professional
35.2%
−15.1 ptssince 2009
from 50.3% in 2009
US average: 42.5%
Section 08

People & community

Male
46.9%
−10.8 ptssince 2009
from 57.7% in 2009
Female
53.1%
+10.8 ptssince 2009
from 42.3% in 2009
Foreign born
0.3%
−6.2 ptssince 2009
from 6.5% in 2009
US average: 14.1%
Veterans
15.2%
−41.8 ptssince 2009
from 57.0% in 2009
US average: 6.2%
With a disability
15.5%
−8.4 ptssince 2012
from 23.9% in 2012
US average: 13.3%
Uninsured
4.8%
−85.1 ptssince 2013
from 89.9% in 2013
US average: 8.4%
Broadband at home
89.5%
+17.3 ptssince 2017
from 72.2% in 2017
US average: 91.0%
English only at home
99.7%
+10.6 ptssince 2016
from 89.2% in 2016
US average: 77.7%
Spanish at home
0.0%
−10.7 ptssince 2016
from 10.7% in 2016
US average: 13.6%
Drill deeper

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Places similar to New Market
Head to head

Compare New Market to nearby cities

NEW MARKET VS
Jefferson City
Income$60,638−16%
Home value$213,200+18%
Population9,103+536%
SEE FULL COMPARISON →
NEW MARKET VS
Sevierville
Income$52,421−28%
Home value$289,600+61%
Population19,010+1228%
SEE FULL COMPARISON →
NEW MARKET VS
Morristown
Income$47,917−34%
Home value$181,100same
Population33,517+2242%
SEE FULL COMPARISON →
NEW MARKET VS
Seymour
Income$82,855+15%
Home value$308,100+71%
Population16,216+1033%
SEE FULL COMPARISON →
Frequently asked

How many people live in New Market, Tennessee?

New Market, Tennessee has about 1,619 residents according to the 2024 American Community Survey.

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

The typical household in New Market, Tennessee earns about $72,321 a year. Half of households make more than that, and half make less.

Is New Market, Tennessee expensive?

In New Market, Tennessee, the median home is worth about $180,400, and the typical rent is about $943 a month.

How educated are people in New Market, Tennessee?

About 27.4% of adults age 25 and over in New Market, Tennessee hold a bachelor's degree or higher.

What is the poverty rate in New Market, Tennessee?

About 7.5% of people in New Market, Tennessee live below the federal poverty line.

Has New Market, Tennessee grown since 1990?

Yes, New Market, Tennessee has grown since 1990. The population has added about 533 residents, a change of about 49 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 →