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CITY · 2020 ACS

New Market

Tennessee · 1,349 residents · 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 $58,000. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $127,100.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 43.1
US median: 38.8
Average education
31% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,349
+9%since 2000
from 1,234 in 2000
1990 – 2025
Population density
319 / sq mi
+9%since 2000
from 292 / sq mi in 2000
US average: 280
Median age
43.1
+14%since 2000
from 37.9 in 2000
US average: 38.8
Population, 1990 – 2024
1K1K1K2K2K1990201020202024New Market
20242K
1990201020202024
Section 02

Income & economy

Median household income
$58,000
−3%inflation adjusted, since 2000
from $39,583 in 2000
US average: $66,278
1990 – 2024
Per capita income
$29,570
+70%since 2000
from $17,439 in 2000
US average: $35,364
Households earning $100K+
36.2%
+19.6 ptssince 2009
from 16.6% in 2009
US average: 43.9%
Poverty rate
7.6%
+2.0 ptssince 2000
from 5.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Information15.6%
US avg: 11.1%
Retail trade14.2%
US avg: 10%
Wholesale trade6.4%
US avg: 6.7%
Finance & insurance6.4%
US avg: 5.5%
Professional, scientific, technical4.4%
US avg: 4.7%
Arts, entertainment, food4.3%
US avg: 2%
Agriculture, forestry, fishing3.3%
US avg: 1.7%
Construction2%
US avg: 1.2%
Education & health services2%
US avg: 0.8%
Transportation & warehousing1.9%
US avg: 2.5%
Manufacturing1.3%
US avg: 0.5%
Other services1.2%
US avg: 6.6%
Public administration0.8%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$127,100
+7%inflation adjusted, since 2000
from $78,800 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$778
+23%inflation adjusted, since 2000
from $421 in 2000
US average: $1,124
Owner-occupied
79.2%
−8.1 ptssince 2000
from 87.3% in 2000
20.8% rent
Afford Score
2.2
+10%since 2000
from 2.0 in 2000
1990 – 2024
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)
2020
White, non-Hispanic86.4%(1,165)
Black2.3%(31)
Hispanic / Latino5.6%(76)
Asian0.2%(3)
Other1.1%(15)
Diversity Score22.5%(303)
Diversity Score
22
+18%since 2000
from 19 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
30.6%
+14.0 ptssince 2000
from 16.6% in 2000
US average: 32.9%
High school or higher
87.6%
+13.2 ptssince 2000
from 74.4% in 2000
US average: 88.5%
Graduate degree
8.8%
+1.8 ptssince 2000
from 7.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.9 min
+28%since 2000
from 19.5 min in 2000
US average: 26.9
Drive alone to work
69.1%
−4.2 ptssince 2009
from 73.3% in 2009
US average: 75.1%
No vehicle available
2.9%
+0.5 ptssince 2009
from 2.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.6%
−3.9 ptssince 2011
from 6.5% in 2011
US average: 5.4%
Labor force participation
69.6%
+1.1 ptssince 2011
from 68.4% in 2011
US average: 63.4%
Management & professional
34.0%
−16.3 ptssince 2009
from 50.3% in 2009
US average: 39.3%
Section 08

People & community

Male
48.9%
−8.9 ptssince 2009
from 57.7% in 2009
Female
51.1%
+8.9 ptssince 2009
from 42.3% in 2009
Foreign born
2.6%
−3.9 ptssince 2009
from 6.5% in 2009
US average: 13.5%
Uninsured
4.9%
−85.0 ptssince 2013
from 89.9% in 2013
US average: 8.8%
Drill deeper

Places similar to New Market

Molino
Pop 1,447
Heritage Pines
Pop 1,477
East Palatka
Pop 1,494
Key Vista
Pop 1,418
Places similar to New Market
Head to head

Compare New Market to nearby cities

NEW MARKET VS
Jefferson City
Income$60,638+5%
Home value$213,200+68%
Population9,103+536%
SEE FULL COMPARISON →
NEW MARKET VS
Sevierville
Income$52,421−10%
Home value$289,600+128%
Population19,010+1228%
SEE FULL COMPARISON →
NEW MARKET VS
Morristown
Income$47,917−17%
Home value$181,100+42%
Population33,517+2242%
SEE FULL COMPARISON →
NEW MARKET VS
Seymour
Income$82,855+43%
Home value$308,100+142%
Population16,216+1033%
SEE FULL COMPARISON →
Frequently asked

How many people live in New Market, Tennessee?

New Market, Tennessee has about 1,349 residents according to the 2020 American Community Survey.

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

The typical household in New Market, Tennessee earns about $58,000 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 $127,100, and the typical rent is about $778 a month.

How educated are people in New Market, Tennessee?

About 30.6% 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 7.6% 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 263 residents, a change of about 24 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 →