Median Household Income
$202,872 ± $28,400
Median Home Value
$639,100 ± $44,925
Median Gross Rent
$2,136 ± $546/mo
Per Capita Income
$65,882
Poverty Rate
0.8%
Unemployment Rate
1.3%
Homeownership Rate
96.6%
Bachelor's Degree or Higher
64.3%
Median Age
36.0
Average Commute
26 min
Households
477
Veterans
55
Population Over Time
New Market grew 129.3% from 2014 to 2024.
2014
699
2016
1,133
2018
1,295
2020
1,527
2022
1,534
2024
1,603
Population by Race & Ethnicity
White
80.5%
Hispanic or Latino
4.8%
Black or African American
5.6%
Asian
1.7%
Nearby Cities in Maryland
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.