New Market, Indiana Population 2021

627
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New Market is a city located in Montgomery County Indiana. With a 2020 population of 627, it is the 384th largest city in Indiana and the 12344th largest city in the United States . New Market is currently growing at a rate of 0.32% annually but its population has decreased by -1.42% since the most recent census, which recorded a population of 636 in 2010. New Market reached it's highest population of 628 in 2011. Spanning over 0 miles, New Market has a population density of 2,302 people per square mile.

The average household income in New Market is $70,081 with a poverty rate of 6.01%. The median rental costs in recent years comes to $867 per month, and the median house value is $92,300. The median age in New Market is 37.3 years, 37.5 years for males, and 37.2 years for females.

New Market Demographics

According to the most recent ACS, the racial composition of New Market was:

  • White: 100.00%
  • Black or African American: 0.00%
  • Native American: 0.00%
  • Asian: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
  • Other race: 0.00%
  • Two or more races: 0.00%
The current population of New Market, Indiana is 627 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 621.The last official US Census in 2010 recorded the population at 636.

New Market, Indiana Population 2021

Population by Race

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New Market Population by Race

New Market Population Pyramid $2021

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New Market Median Age

37.3


Total

37.5


Male

37.2


Female

New Market Adults

There are 435 adults, (86 of whom are seniors) in New Market.

New Market Age Dependency

71.6

Age Dependency Ratio

24.6

Old Age Dependency Ratio

47

Child Dependency Ratio

New Market Sex Ratio

Female

273

45.58%

Male

326

54.42%

New Market Population by Age

New Market Renter vs Owner Occupied by Household Type

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New Market Household Types

Type Owner Renter
Married83.5%16.5%
All75.5%24.5%
Non Family75%25%
Female47.4%52.6%
Male27.3%72.7%

75.5%

Rate of Home Ownership

New Market Households and Families

Type Count Average Size Owned
All2372.5375.5
Married1393.0383.5
Non Family681.1975
Female193.7947.4
Male112.2727.3

3.03

Average Family Size

2.53

Average Household Size

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New Market Households by Type

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Education Attained Count Percentage
Less Than 9th Grade41.02%
9th to 12th Grade102.56%
High School Graduate17344.25%
Some College10326.34%
Associates Degree4611.76%
Bachelors Degree399.97%
Graduate Degree164.09%
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New Market Educational Attainment by Sex (over 25)

New Market Educational Attainment by Race

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The highest rate of high school graduation is among white people with a rate of 96.42%.

The highest rate of bachelors degrees is among white people with a rate of 14.07%.

New Market Educational Attainment by Race

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Name Average Male Female
Overall$38,409$46,875$28,438
Less Than 9th Grade$$$
High School Graduate$33,125$38,897$21,731
Some College$42,875$61,250$26,250
Bachelors Degree$64,375$72,321$44,750
Graduate Degree$55,000$$60,500

$38,409

Average Earnings

$46,875

Average Male

$28,438

Average Female

New Market Earnings by Educational Attainment

New Market Language by Age

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New Market Language

99.83% of New Market residents speak only English, while 0.17% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 0.17% of the population.

New Market Language

New Market Poverty by Race

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6.01%

Overall Poverty Rate

5.21%

Male Poverty Rate

6.96%

Female Poverty Rate

Poverty in New Market

The race most likely to be in poverty in New Market is White, with 6.01% below the poverty level.

The race least likely to be in poverty in New Market is White, with 6.01% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.00%. Among those working part-time, it was 4.81%, and for those that did not work, the poverty rate was 15.91%.

New Market Poverty

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Name Poverty
Bachelors or Greater12.73%
High School5.78%
Some College3.36%
Less Than 9th Grade0.00%

New Market Poverty Rate by Education

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Rate Poverty
Female Employed3.29%
Female Unemployed0.00%
Male Unemployed0.00%
Male Employed0.00%

New Market Poverty Rate by Employment Status and Sex

New Market Income by Household Type

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Name Median Mean
Households$58,984$70,081
Families$65,417$81,580
Married Families$78,750-
Non Families$27,000$37,328
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Income by Household Type

New Market Marital Status

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Marriage Rates

57.7%

Overall Marriage Rate

55.6%

Male Marriage Rate

60.2%

Female Marriage Rate

New Market Married by Age and Sex

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New Market Marriage

The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 35-44.

New Market Marital Status by Race

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New Market Marital Status

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23

Number of Veterans

23

Male Veterans

Female Veterans

War Veterans
World War II7
Korea7
Vietnam7
Second Gulf War3
First Gulf War

New Market Veterans by War

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Age Group Veterans
75+15
65 to 745
35 to 543
55 to 64
18 to 34

New Market Veterans by Age

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New Market Veterans by Race

New Market Veterans by Education

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30.43%

Veteran Poverty Rate

17.39%

Veteran Disability Rate

New Market Veterans by Education

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72.5%

Labor Force Participation

69.8%

Employment Rate

3.8%

Unemployment Rate

New Market Employment by Age

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New Market Employment by Race

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New Market Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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92.65%

Born in New Market

99.50%

Native Born

0.50%

Foreign Born

0.00%

Non Citizen

0.50%

Naturalized

Place of Birth

99.50% of New Market residents were born in the United States, with 92.65% having been born in Indiana. 0.00% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

New Market Place of Birth

Year Population Growth Annual Growth Rate
202162720.32%
202062520.32%
201962320.32%
2018621-3-0.48%
201762410.16%
2016623-1-0.16%
201562420.32%
2014622-1-0.16%
2013623-1-0.16%
2012624-4-0.64%
201162840.64%
20106240.00%

New Market Population by Year