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.
Nationally, New Market sits in the 51st percentile for household income among US cities with a population of 1,000 or more. Source: Census ACS.
51st
percentile, household income
32nd
percentile, home value
31st
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, TN
Tennessee's New Market is a small town, with 1,789 residents per the latest Census Bureau ACS figures. New Market households earn a median of $70,913 annually, above the median for U.S. cities on this measure, with a poverty rate of 4.4%. Typical homes in New Market are valued around $166,400, and the median resident age is 41.8 years. About 25.5% of adults hold a bachelor's degree or higher, while 64.6% of working-age residents are in the labor force.
In 2024, 3 residential building permits were authorized in New Market (Building Boom), up 200% from five years earlier, per Census BPS data.
Living costs in Tennessee run below the national norm: BEA Regional Price Parities 2024 puts Tennessee at 91.9 on a 100-equals-national-average scale (Well Below Average). HUD Fair Market Rent for a typical two-bedroom in this state is $1,135 per month. Statewide, average monthly utility bills in Tennessee run around $218, per EIA 2023 residential energy data. Natural-hazard exposure scores 44.9 out of 100 on FEMA's National Risk Index (Low).
Population
1,789 residents
Census ACS 2023 - Tennessee
Median Household Income
$70,913/yr
Poverty 4.4%
Cost of Living Index (state)
91.9 (US=100)
Well Below Average - BEA RPP 2024, Tennessee average
How does New Market compare to other US cities?
New Market measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.
Household income51% higher than other cities
Home value32% pricier than other cities
Median rent31% 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 Tennessee, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.
51st 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+)
$166,400Among the most affordablemore affordable than 68% of 15,600 US cities
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
New Market, TN'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, TN. Diagonal = perfect equality.
Key socioeconomic indicators
Bachelor's degree or higher (adults 25+)25.5%
Census ACS S1501, educational attainment
Poverty rate (households below FPL)4.4%
Census ACS S1701, poverty status
Labor force participation (adults 16+)64.6%
Census ACS S2301, share of working-age residents in the labor force
Population
1,789
Median Income
$70,913
Median Home Value
$166,400
Median Age
41.8
Poverty Rate
4.4%
Labor force participation
64.6%
Bachelor's Degree+
25.5%
Schools
Total Schools
1
Public schools in this city
Population Change
Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025
New Market's Census PEP population estimates, 2020–2025.
Housing Supply
Census Bureau Building Permits Survey (BPS) - annual residential permits authorized
📈 Building Boom
Total Permits (2024)
3
housing units authorized
Single-Family
3
detached homes
Multifamily
0
apartments & condos
Supply Intensity
1.7
permits per 1,000 residents
5-Year Permit Trend (2019–2024)
Year
Total
Single-Family
Multifamily
Est. Value
2019
1
1
0
$0.3M
2020
1
1
0
$0.3M
2021
5
5
0
$1.4M
2022
4
4
0
$1.2M
2023
2
2
0
$0.6M
2024
3
3
0
$0.9M
Permit volume increased 200% from 2019 to 2024.
Commute Patterns
How workers travel to work, Census ACS 2023
Drive Alone
73.1%
Carpool
10.6%
Public Transit
4.8%
Walk
8.3%
Work from Home
3.2%
Based on 941 workers 16 and over.
Monthly Utility Costs
State-average estimates for Tennessee - EIA 2023 residential energy data
Electricity
$120
avg/month
Natural Gas
$58
avg/month
Water & Sewer
$40
avg/month
Total Utilities
$218
estimated/month
Estimates reflect Tennessee 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 Tennessee state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county New Market sits in
Census ACS 5-year FIPS TN NCES CCD Census BPS 2024 OMB Bulletin 23-01
What do people ask about New Market, TN?
What is the population of New Market, TN?+
New Market, TN has a population of 1,789 according to U.S. Census Bureau ACS 2023 estimates.
What is the median household income in New Market, TN?+
In New Market, the typical household earns $70,913 per year, 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 Tennessee state average, a cost of living index of 91.9 (U.S. average = 100), rated "Well Below Average" based on BEA Regional Price Parities 2024 data. Costs within Tennessee vary by metro area.
What is the median home value in New Market, TN?+
The median home value in New Market is $166,400, according to Census ACS 2023 estimates.
Source: U.S. Census Bureau ACS 5-Year 2023, NCES CCD, Census BPS 2024, 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.
Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities Editorial