New Market, Maryland Population 2022

786
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New Market is a city located in Frederick County Maryland. New Market has a 2020 population of 786. New Market is currently growing at a rate of 2.08% annually and its population has increased by 17.66% since the most recent census, which recorded a population of 668 in 2010.

The average household income in New Market is $148,302 with a poverty rate of 0.26%. The median rental costs in recent years comes to $1,690 per month, and the median house value is $467,400. The median age in New Market is 34.2 years, 35 years for males, and 32.9 years for females.

New Market Demographics

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

  • White: 92.60%
  • Two or more races: 3.14%
  • Black or African American: 2.10%
  • Asian: 1.31%
  • Other race: 0.85%
  • Native American: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of New Market, Maryland is 786 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 786.The last official US Census in 2010 recorded the population at 668.

New Market, Maryland Population 2022

Population by Race

Race Population Percentage
White1,41492.60%
Black or African American322.10%
Asian201.31%
Some Other Race130.85%
Two or More Races483.14%
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New Market Population by Race

New Market Population Pyramid 2022

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New Market Median Age

33.2


Total

30.9


Male

35.9


Female

New Market Adults

There are 986 adults, (77 of whom are seniors) in New Market.

New Market Age Dependency

Age Dependency Ratio

8.5

Old Age Dependency Ratio

59.5

Child Dependency Ratio

New Market Sex Ratio

Female

758

49.64%

Male

769

50.36%

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
Male100%0%
Married97.8%2.2%
All92.3%7.7%
Non Family72.9%27.1%
Female64.7%35.3%

92.3%

Rate of Home Ownership

New Market Households and Families

Type Count Average Size Owned
All4653.2892.3
Married3673.6597.8
Male53.2100
Female342.8264.7
Non Family591.2972.9

3.57

Average Family Size

3.28

Average Household Size

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New Market Households by Type

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Education Attained Count Percentage
Less Than 9th Grade0.00%
9th to 12th Grade101.16%
High School Graduate768.85%
Some College9811.41%
Associates Degree768.85%
Bachelors Degree39746.22%
Graduate Degree20223.52%
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New Market Educational Attainment by Sex (over 25)

New Market Educational Attainment by Race

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Race Total High School Bachelors
Other Race131313
Hispanic797967
White726726511
Asian171710
2+ Races12127
Black30207

The highest rate of high school graduation is among white people with a rate of 100.00%.

The highest rate of bachelors degrees is among other race people with a rate of 100.00%.

New Market Educational Attainment by Race

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Name Average Male Female
Overall$77,292$100,469$61,071
Less Than 9th Grade$$$
High School Graduate$44,375$53,594$42,917
Some College$86,250$94,524$42,500
Bachelors Degree$74,531$103,333$65,750
Graduate Degree$86,875$128,750$69,583

$77,292

Average Earnings

$100,469

Average Male

$61,071

Average Female

New Market Earnings by Educational Attainment

New Market Language by Age

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New Market Language

86.20% of New Market residents speak only English, while 13.80% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 9.32% of the population.

New Market Language

New Market Poverty by Race

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0.26%

Overall Poverty Rate

0.26%

Male Poverty Rate

0.26%

Female Poverty Rate

Poverty in New Market

The race most likely to be in poverty in New Market is White, with 0.32% below the poverty level.

The race least likely to be in poverty in New Market is Other, with NaN% 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 0.00%, and for those that did not work, the poverty rate was 2.21%.

New Market Poverty

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Name Poverty
Less Than 9th Grade0.00%
High School2.63%
Some College0.00%
Bachelors or Greater0.33%

New Market Poverty Rate by Education

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Rate Poverty
Male Employed0.00%
Male Unemployed50.00%
Female Employed0.00%
Female Unemployed0.00%

New Market Poverty Rate by Employment Status and Sex

New Market Income by Household Type

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Name Median Mean
Households$153,472$149,018
Families$163,929$161,203
Married Families$164,375-
Non Families$56,250$65,166
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Income by Household Type

New Market Marital Status

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Marriage Rates

69.4%

Overall Marriage Rate

71.6%

Male Marriage Rate

67.2%

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 35-44, 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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46

Number of Veterans

Male Veterans

Female Veterans

War Veterans
Second Gulf War29
First Gulf War7
Vietnam10
Korea5
World War II

New Market Veterans by War

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Age Group Veterans
18 to 345
35 to 5426
55 to 643
65 to 747
75+5

New Market Veterans by Age

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Name Veterans % of Total
White414.57%
Asian211.76%
2+ Races311.11%

New Market Veterans by Race

New Market Veterans by Education

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0.00%

Veteran Poverty Rate

13.04%

Veteran Disability Rate

New Market Veterans by Education

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80.1%

Labor Force Participation

78.3%

Employment Rate

2%

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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54.88%

Born in New Market

92.86%

Native Born

7.14%

Foreign Born

0.39%

Non Citizen

6.75%

Naturalized

Place of Birth

92.86% of New Market residents were born in the United States, with 54.88% having been born in Maryland. 0.39% 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

Note: 2021 and 2022 data is projected
Year Population Growth Annual Growth Rate
20106680.00%
201167681.20%
201268481.18%
201368840.58%
201469020.29%
201569220.29%
201669860.87%
2017709111.58%
2018722131.83%
2019738162.22%
2020754162.17%
2021770162.12%
2022786162.08%

New Market Population by Year