New Market is a town located in Frederick County, Maryland. New Market has a 2025 population of 1,711. New Market is currently growing at a rate of 2.09% annually and its population has increased by 11.39% since the most recent census, which recorded a population of 1,536 in 2020.
The average household income in New Market is $213,590 with a poverty rate of 0.88%.The median age in New Market is 34 years: 35.9 years for males, and 31.5 years for females.
Data after 2023 is projected based on recent change
The racial composition of New Market includes 81.55% White, 5.35% Black or African American, and smaller percentages for Asian, other race and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 1,295 | 81.55% |
Two or more races | 165 | 10.39% |
Black or African American | 85 | 5.35% |
Asian | 37 | 2.33% |
Other race | 6 | 0.38% |
Married
Widowed
Divorced
Separated
Never Married
New Market's average per capita income is $107,273. Household income levels show a median of $198,080. The poverty rate stands at 0.88%.
Name | Median | Mean |
---|---|---|
Married Families | $201,813 | - |
Families | $200,550 | $226,745 |
Households | $198,080 | $213,590 |
Non Families | $49,444 | $111,316 |
Average Income
Median Household Income
Poverty Rate