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New Market town, Tennessee

City

Population: 1,789 (2023 estimate)

Located in Tennessee , Tennessee

Census Bureau data for New Market town from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — New Market town

What is the median household income in New Market town?
The median household income in New Market town is $70,913 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in New Market town?
The poverty rate in New Market town is 4.4% (U.S. Census Bureau ACS 2023).
What is the median home value in New Market town?
$166,400 (U.S. Census Bureau ACS 2023).
What is the average rent in New Market town?
The median gross rent in New Market town is $946 per month (U.S. Census Bureau ACS 2023).
What percentage of New Market town residents have a college degree?
25.5% of adults in New Market town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,789
Median Income
$70,913
Median Home Value
$166,400
Poverty Rate
4.4%
Unemployment (ACS 2023)
1.9%
Median Age
41.0 yrs
Since 2019 Median Income: +$14,202 (+25%) Home Value: +$44,800 (+36.8%) Poverty Rate: -5.1 pp (-53.7%) Bachelor's+: +5.3 pp (+26.2%) Unemployment: -2.2 pp (-53.7%)

Demographics

Total Population 1,789
Median Age 41.0
Female 52.0%
Race & Ethnicity
Hispanic or Latino 6.0% White (non-Hisp.) 88.4% Black 1.3% Asian 0.1% Two or More 4.0% Other 0.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $70,913 ±$11,862
+$3,816 vs. state
Per Capita Income $77,664
Median Family Income $74,762
Poverty Rate 4.4%
-5.5 pp vs. state
Child Poverty Rate 2.7%
Working-Age Poverty Rate
SNAP Recipients 6.2%
Social Security Income
Retirement Income 21.9%
Household Income Distribution
< $10k
1.8%
$10–15k
3.4%
$15–25k
5.2%
$25–35k
5.9%
$35–50k
12.1%
$50–75k
27.7%
$75–100k
11.9%
$100–150k
23.4%
$150–200k
7.7%
$200k+
0.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 650
Owner-Occupied 74.6%
Renter-Occupied 25.4%
Vacancy Rate 6.0%
Median Home Value $166,400
-$90,400 vs. state
Median Gross Rent $946
Owner Cost Burden (30%+) 11.6%
Renter Cost Burden (30%+) 5.5%
Home Value Distribution
< $50k
6.4%
$50–100k
10.7%
$100–200k
24.6%
$200–300k
19.7%
$300–500k
7.0%
$500k–$1M
3.7%
Gross Rent Distribution
< $500
2.3%
$500–1k
66.4%
$1–1.5k
24.4%
$1.5–2k
6.9%
Vehicle Availability
No vehicle
1.0%
1 vehicle
26.2%
2 vehicles
46.6%
3+
26.2%
Housing Type
Single-fam. det.
83.4%
Single-fam. att.
0.5%
Mobile home
16.2%
Housing Age
Pre-1940
17.8%
1940–1969
2.6%
1970–1999
19.1%
2000–2009
5.7%
2010+
4.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 88.2%
Bachelor's or Higher 25.5%
-4.9 pp vs. state
Graduate Degree 6.7%
Some College / Associate 23.4%
Less Than High School 6.0%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 65.8%
Unemployment Rate 1.9%
-2.8 pp vs. state
Work from Home 3.2%
Self-Employed 5.5%
Government Workers 20.6%
Private For-Profit 73.9%
Industry
Edu/Health
22.1%
Retail
15.9%
Arts/Entmt.
12.3%
Manufacturing
11.9%
Public Admin
7.8%
Prof. Services
6.9%
Construction
5.0%
Transportation
3.9%
Information
3.2%
Wholesale
1.9%
Agriculture
1.9%
Finance
1.1%
Occupation
Management
30.6%
Sales
28.6%
Production
15.5%
Food Prep
14.1%
Construction
11.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 25.3 min
Drove Alone 73.1%
Carpool 10.6%
Public Transit 4.8%
Work from Home 3.2%
Walked 8.3%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 611
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 55.5%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 21.8%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.1%
5–9
4.8%
10–14
7.5%
15–19
8.2%
20–24
5.5%
25–34
10.3%
35–44
12.4%
45–54
16.2%
55–64
8.2%
65–74
4.6%
75–84
8.8%
85+
6.5%
Under 18: 22.6% Working age (18–64): 77.4% 65 and over: 17.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 3.6%
Naturalized Citizen 35.9%
Speaks English Less Than Very Well 2.4%
Foreign-Born Origin
Latin America
93.8%
Asia
3.1%
Europe
3.1%

Veterans & Disability

Veteran 12.3%
With a Disability 16.4%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 92.3%
Uninsured 7.7%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 85.6%
Has a Computer 95.3%
Same House 1 Year Ago 86.5%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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