New Market is located in Scott County, Minnesota. New Market has a 2025 population of 3,555 . New Market is currently growing at a rate of 0.03% annually and its population has increased by 0.59% since the most recent census, which recorded a population of 3,534 in 2020.
The average household income in New Market is $184,522 with a poverty rate of 4.07%. The median age in New Market is 43.7 years: 47.8 years for males, and 39.6 years for females. For every 100 females there are 104.9 males.
Data after 2023 is projected based on recent change
The racial composition of New Market includes 95.13% White, and smaller percentages for Two or more races, Asian, other race and multiracial populations.
White (95.13%)
Two or more races (2.25%)
Asian (2.14%)
Other race (0.48%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 3,382 | 95.13% |
| Two or more races | 80 | 2.25% |
| Asian | 76 | 2.14% |
| Other race | 17 | 0.48% |
Married
Widowed
Divorced
Separated
Never Married
New Market's average per capita income is $71,488. Household income levels show a median of $130,088. The poverty rate stands at 4.07%.
Name | Median | Mean |
|---|---|---|
| Households | $130,088 | $184,522 |
| Married Families | $128,750 | - |
| Families | $125,727 | $187,538 |
| Non Families | $109,375 | $118,782 |
Average Income
Median Household Income
Poverty Rate