New Market township is located in Scott County, Minnesota. New Market township has a 2026 population of 3,556. New Market township is currently growing at a rate of 0.03% annually and its population has increased by 0.62% since the most recent census, which recorded a population of 3,534 in 2020.
The median household income in New Market township is $130,231 with a poverty rate of 2.34%. The median age in New Market township is 46.1 years: 52.6 years for males, and 41.8 years for females. For every 100 females there are 113.2 males.
Data after 2023 is projected based on recent change
Overall: 46.1 years
Female: 41.8 years
Male: 52.6 years
There are 2,886 adults, (682 of whom are seniors) in New Market township.
Female: 1,668 (46.9%)
Male: 1,888 (53.1%)
The racial composition of New Market township includes 93.73% White, and smaller percentages for Asian, other race, Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 3,333 | 93.73% |
| Two or more races | 132 | 3.71% |
| Asian | 66 | 1.86% |
| Other race | 17 | 0.48% |
| Native American | 8 | 0.22% |
New Market township 's average per capita income is $71,543. Household income levels show a median of $130,231. The poverty rate stands at 2.34%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $135,335 | - |
| Households | $130,231 | $189,648 |
| Families | $126,298 | $192,059 |
| Non Families | $102,955 | $97,248 |
Average Income
Median Household Income
Poverty Rate