City profile · Maryland · Census ACS 2023

New Market, MD

Population, income, housing, safety, climate and schools for New Market - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

1,588
Residents
$198,080
Median income
$607,700
Median home
$2,246
Median rent (state)

New Market - the verdict

New Market ranks in the 98th percentile for household income nationally, out of every US city with at least 1,000 residents. Source: Census ACS.

98th
percentile, household income
89th
percentile, home value
87th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: New Market, MD

1,588 people live in New Market, Maryland - a small town by U.S. Census Bureau ACS 2023 estimates. New Market households earn a median of $198,080 annually, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 0.0%. Home values in New Market run a median of $607,700, and the median resident age is 34.0 years. Educational attainment runs 69.0% of adults with a bachelor's degree or higher. Separately, 77.7% of working-age residents are in the labor force.

The city is served by 4 public schools according to NCES Common Core of Data.

Maryland carries a cost-of-living premium: on BEA's 100-equals-national-average cost index, Maryland scores 105.0 (Above Average), per the 2024 Regional Price Parities release. Statewide, HUD pegs Fair Market Rent for a two-bedroom unit at $2,246 monthly. Monthly utility costs average around $255 across Maryland, per EIA 2023 residential energy estimates. FEMA's National Risk Index rates natural-hazard exposure at 74.2 out of 100 (High).

Population

1,588 residents

Census ACS 2023 - Maryland

Median Household Income

$198,080 /yr

Poverty 0.0%

Cost of Living Index (state)

105.0 (US=100)

Above Average - BEA RPP 2024, Maryland average

How does New Market compare to other US cities?

Where New Market sits among all US cities (population 1,000+) on each measure, computed live from Census and FBI data.

Household income 98% higher than other cities
Home value 89% pricier than other cities
Median rent 87% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below New Market's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in Maryland, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.

98thIncome percentile

98th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How New Market's home value compares nationally

Median home value vs. every US city (population 1,000+)

$607,700 11th percentile more affordable than 11% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). Below this entry. $300,000–$325,000: 521 US cities (3%). Below this entry. $325,000–$350,000: 526 US cities (3%). Below this entry. $350,000–$375,000: 465 US cities (3%). Below this entry. $375,000–$400,000: 393 US cities (3%). Below this entry. $400,000–$425,000: 317 US cities (2%). Below this entry. $425,000–$450,000: 300 US cities (2%). Below this entry. $450,000–$475,000: 307 US cities (2%). Below this entry. $475,000–$500,000: 250 US cities (2%). Below this entry. $500,000–$525,000: 160 US cities (1%). Below this entry. $525,000–$550,000: 156 US cities (1%). Below this entry. $550,000–$575,000: 172 US cities (1%). Below this entry. $575,000–$600,000: 172 US cities (1%). Below this entry. $600,000–$625,000: 163 US cities (1%). This entry sits in this band. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. New Market $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

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

Income distribution context

Household income distribution - New Market, MD New Market, MD's reported median household income shown against the U.S. national quintile-share pattern (not New Market, MD-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution New Market, MD median $198,080/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
New Market, MD's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for New Market, MD. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 69.0%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 0.0%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 77.7%

Census ACS S2301, share of working-age residents in the labor force

Population
1,588
Median Income
$198,080
Median Home Value
$607,700
Median Age
34.0
Poverty Rate
0.0%
Labor force participation
77.7%
Bachelor's Degree+
69.0%

Schools

Total Schools
4
Public schools in this city

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
1,500 residents1,550 residents1,600 residents1,650 residents 202020212022202320242025 1,524 residents 1,609 residents ▲ +5.6%
New Market's Census PEP population estimates, 2020–2025.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
76.3%
Carpool
2.2%
Public Transit
1.4%
Walk
0.0%
Work from Home
20.1%

Based on 814 workers 16 and over.

Monthly Utility Costs

State-average estimates for Maryland - EIA 2023 residential energy data

Electricity
$120
avg/month
Natural Gas
$80
avg/month
Water & Sewer
$55
avg/month
Total Utilities
$255
estimated/month

Estimates reflect Maryland state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Maryland state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county New Market sits in

Cost of Living Index
105.0
Above Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$2,246/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
74.2 / 100
High
FEMA NRI composite score (county)

Similar Cities in Maryland

Naval Academy
1,592 people
Colmar Manor
1,579 people
Wilson-Conococheague
1,614 people
Mechanicsville
1,521 people
Ridgely
1,685 people
Arden on the Severn
1,691 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to New Market's 1,588 residents (Census ACS 5-Year 2023).

Taft Heights, CA
1,588 people
Hartley, IA
1,588 people
Summerdale, AL
1,589 people
Ford Heights, IL
1,587 people
Prineville Lake Acres, OR
1,589 people
New Castle Northwest, PA
1,589 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to New Market's $198,080 (Census ACS 5-Year 2023, table B19013).

Tall Timber, CO
$198,018 median income
Reile's Acres, ND
$198,333 median income
Daniels Farm, CT
$197,731 median income
Towaco, NJ
$197,696 median income
Mantua, VA
$197,677 median income
Cross Mountain, TX
$198,623 median income

Race & Ethnicity Composition

Race and ethnicity - New Market, MD Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition New Market, MD - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 81.5% 10.4% ETHNICITY, Hispanic or Latino (any race) 5.2% White 81.5% Black or African American 5.3% Asian 2.3% American Indian 0.0% Native Hawaiian 0.0% Some other race 0.4% Two or more races 10.4% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How New Market compares to nearby Maryland cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
New Market (this city) 1,588 $198,080
Naval Academy 1,592 $120,347
Colmar Manor 1,579 $104,074
Wilson-Conococheague 1,614 $60,258
Census ACS 5-year FIPS MD NCES CCD OMB Bulletin 23-01

What do people ask about New Market, MD?

What is the population of New Market, MD? +

New Market, MD counts 1,588 residents according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in New Market, MD? +

Median annual household income in New Market runs $198,080, based on Census ACS 2023 data.

What is the cost of living in New Market? +

BEA does not publish a city-level cost-of-living figure for New Market; the closest available measure is the Maryland state average, a cost of living index of 105.0 (U.S. average = 100), rated "Above Average" based on BEA Regional Price Parities 2024 data. Costs within Maryland vary by metro area.

What is the median home value in New Market, MD? +

New Market's median home value sits at $607,700, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, NCES CCD, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities Editorial

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.