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The total population of New Market is estimated to be 1,786 with 887 males (49.66%) and 899 females (50.34%). There are 12 more females than males in New Market.
The median household income in New Market was $65,626 in 2021, which marked an a decrease of 96(0.15%) from $65,722 in 2020. This income is 87.96% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, New Market sees its highest median household income among householders in the age group of 25 to 44 years old, at $79,717. Overall, the median household income for the town of New Market stands at $65,626.
In New Market, the median income for all workers aged 15 years and older, regardless of work hours, was $45,939 for males and $28,299 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,856 for males and $45,004 for females.
In New Market, population is primarily represented by White households, reporting a median income of $66,496.
In 2022, the population of New Market was 1,378, a 1.55% increase year-by-year from 2021. Previously, in 2021, New Market's population was 1,357, an increase of 0.82% compared to a population of 1,346 in 2020.
The median age in New Market, TN is 41.8, as per 2021 ACS 5-Year Estimates. Of the total population, 21.17% were under the age of 15, 15.34% aged 15 to 29, 46.99% aged 30 to 64, 15.15% aged 65 to 84, and 1.35% were 85 years of age and older.
Racial distribution of New Market population: 98.16% are White, 1.23% are Black or African American, 0.37% are Asian and 0.25% are multiracial.