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New Market, MD

Comprehensive demographics, housing data, local amenities, and economic statistics for New Market.

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Community Insights

High Incomes
$173k/year
top 2% nationally
Highly Educated
30% bachelor's · 15% graduate
top 9% nationally
Leading Industries
Education · Healthcare · Arts, Food & Hospitality
5% education
Home Value Growth⬆⬆⬆
+28.5% over 2 years
Retirees
52% of residents
top 1% nationally
Homeowners
94% of occupied units

People & Demographics

Total Population1,536
Households
Under 18
10.0%
Age 18–34
13.0%
Age 35–64
25.0%
Age 65+
52.0%
Veterans
8.0%
Active Duty
0.0%

Housing & Living

Median Home Value$541,600
Median Gross Rent$2,348/mo
Owner Occupied
94.2%
Renter Occupied
5.8%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$172,750
Poverty Rate

Key Industries

Healthcare18.0%
Professional Services3.0%
Manufacturing1.0%
Retail9.0%
Education5.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities65 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
30.0%
Master's or Higher
15.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of New Market?

The total population of New Market is approximately 1,536. The community has a significant population of retirees and seniors (65+). This demographic data is sourced from the U.S. Census Bureau.

Is New Market walkable and transit-friendly?

Based on local geographic data, New Market has an amenity and walkability score of 65/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in New Market?

The housing market in New Market is predominantly driven by homeowners, with 94% of housing units being owner-occupied and 6% being renter-occupied.

What is the education level of residents in New Market?

In New Market, approximately 30% of adult residents hold a bachelor's degree or higher. Additionally, 15% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.