New Market is a town located in Jefferson County, Tennessee. New Market has a 2025 population of 1,407. New Market is currently growing at a rate of 0.86% annually and its population has increased by 4.53% since the most recent census, which recorded a population of 1,346 in 2020.
The average household income in New Market is $79,713 with a poverty rate of 5.15%.The median age in New Market is 41.8 years: 44.7 years for males, and 41.4 years for females.
Data after 2023 is projected based on recent change
The racial composition of New Market includes 94.41% White, and smaller percentages for Black or African American, other race, Asian and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 1,689 | 94.41% |
Two or more races | 72 | 4.02% |
Black or African American | 23 | 1.29% |
Other race | 3 | 0.17% |
Asian | 2 | 0.11% |
Married
Widowed
Divorced
Separated
Never Married
New Market's average per capita income is $48,260. Household income levels show a median of $70,913. The poverty rate stands at 5.15%.
Name | Median | Mean |
---|---|---|
Married Families | $97,375 | - |
Families | $74,762 | $87,504 |
Households | $70,913 | $79,713 |
Non Families | $42,250 | $47,382 |
Average Income
Median Household Income
Poverty Rate