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 2025 population of 578. New Market is currently growing at a rate of 0.7% annually and its population has increased by 3.21% since the most recent census, which recorded a population of 560 in 2020.

The average household income in New Market is $76,173 with a poverty rate of 2.76%.The median age in New Market is 43.2 years: 40.6 years for males, and 44.9 years for females.

578
Total Population
2,123
Density (mi²)
4 0.7%
Growth

New Market Population

New Market Population

Data after 2023 is projected based on recent change

Demographics

The racial composition of New Market includes 98.53% White, and smaller percentages for Two or more races and multiracial populations.

Population by Race

Race
Population
Percentage (of total)
White53698.53%
Two or more races81.47%

New Market Marital Status

OverallMalesFemales0%10%20%30%40%50%60%70%80%90%100%

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

New Market's average per capita income is $41,992. Household income levels show a median of $72,917. The poverty rate stands at 2.76%.

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$90,652-
Families$90,380$94,310
Households$72,917$76,173
Non Families$50,278$51,210

$41,992

Average Income

$72,917

Median Household Income

2.76%

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)