New Market Flag

New Market

County Seat:
No
Area (mi²):
0.272
State:
Indiana

New Market is a town located in Montgomery County, Indiana. New Market has a 2026 population of 563. New Market is currently growing at a rate of 0.54% annually and its population has increased by 2.74% since the most recent census, which recorded a population of 548 in 2020.

The median household income in New Market is $67,969 with a poverty rate of 1.77%. The median age in New Market is 44.3 years: 44 years for males, and 44.3 years for females. For every 100 females there are 85.1 males.

563
Total Population
2,068
Density (mi²)
3 0.54%
Growth

New Market Population

New Market Population

Data after 2023 is projected based on recent change

Year ↓
Population
Growth
Annual Change
202656330.54%
202556020.36%
2024558-1-0.18%
202355961.08%
202255350.91%
202154800%
202054800%
2019622-1-0.16%
2018623-1-0.16%
2017624-1-0.16%
2016625-1-0.16%
201562630.48%
201462300%
2013623-1-0.16%
2012624-4-0.64%
2011628-8-1.26%
201062400%

Median Age

Overall: 44.3 years
Female: 44.3 years
Male: 44 years

New Market Adults

There are 427 adults, (132 of whom are seniors) in New Market.

Sex Ratio

Female: 275 (54%)
Male: 234 (46%)

Demographics

The racial composition of New Market includes 98.43% White, and smaller percentages for Two or more races and multiracial populations.

Population by Race

Race
Population ↓
Percentage (of total)
White50198.43%
Two or more races81.57%
Race
Population ↓
Percentage (of total)
White91.77%
Race
Population ↓
Percentage (of total)
White49296.66%
Two or more races81.57%

New Market Marital Status

Economics and Income Statistics

New Market 's average per capita income is $45,729. Household income levels show a median of $67,969. The poverty rate stands at 1.77%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.
Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.
Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.
Name
Median ↓
Mean
Married Families$93,466-
Families$92,557$90,640
Households$67,969$76,005
Non Families$53,816$60,487

$45,729

Average Income

$67,969

Median Household Income

1.77%

Poverty Rate

Nearby Cities

Sources

  1. US Census State Population Estimates - Most recent state estimates from the Census Bureau's Population Estimates Program
  2. US Census County Population Estimates - Most recent county estimates from the Census Bureau's Population Estimates Program
  3. American Community Survey (2009 - 2013)
  4. Census QuickFacts
  5. Historical Populations of States and Counties (1790 - 1990)