New Market, Maryland Population 2024

1,697

New Market is a city located in Frederick County Maryland. New Market has a 2024 population of 1,697. New Market is currently growing at a rate of 2.54% annually and its population has increased by 10.84% since the most recent census, which recorded a population of 1,531 in 2020.

The average household income in New Market is $211,227 with a poverty rate of 1.18%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in New Market is 35.5 years, 36.2 years for males, and 33.9 years for females.

New Market Demographics

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

  • White: 82.07%
  • Two or more races: 10.23%
  • Black or African American: 4.89%
  • Asian: 2.35%
  • Other race: 0.46%
  • Native American: 0%
  • Native Hawaiian or Pacific Islander: 0%
Land Area (mi²)
1.6 sq mi
Density (mi²)
1,045.60/sq mi
Growth Since 2020
10.84% (166)
The current population of New Market, Maryland is 1,697 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 1,531.

New Market, Maryland Population 2024

Population by Race

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Race
Population
Percentage (of total)
White1,25982.07%
Two or more races15710.23%
Black or African American754.89%
Asian362.35%
Other race70.46%
Native American00%
Native Hawaiian or Pacific Islander00%

White

Two or more races

Black or African American

Asian

Other race

Native American

Native Hawaiian or Pacific Islander

New Market Population by Race

New Market Population Pyramid 2024

New Market Median Age

35.5

Total

36.2

Male

33.9

Female

New Market Adults

There are 1,013 adults, (108 of whom are seniors) in New Market.

New Market Age Dependency

69.5

Age Dependency Ratio

11.9

Old Age Dependency Ratio

57.6

Child Dependency Ratio

New Market Sex Ratio

Female78951.43%
Male74548.57%

New Market Population by Age

New Market Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All4683.2894.45.6
Married3683.6298.61.4
Non Family631.3582.517.5
Female28364.335.7
Male93.561000

3.55

Average Family Size

3.28

Average Household Size

94.4%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

New Market Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

New Market Educational Attainment by Sex (over 25)

New Market Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among white people with a rate of 100%.

The highest rate of bachelors degrees is among other race people with a rate of 100%.

New Market Educational Attainment by Race

All

Male

Female

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$106,452

Average Earnings

$124,688

Average Male

$79,125

Average Female

New Market Earnings by Educational Attainment

New Market Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

New Market Language

93.21% of New Market residents speak only English, while 6.79% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 2.99% of the population.

New Market Language

New Market Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White1,245161.29%
Hispanic8022.5%
Multiple15521.29%

1.18%

Overall Poverty Rate

1.75%

Male Poverty Rate

0.64%

Female Poverty Rate

Poverty in New Market

The race most likely to be in poverty in New Market is Hispanic, with 2.5% below the poverty level.

The race least likely to be in poverty in New Market is White, with 1.29% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 0.78%, and for those that did not work, the poverty rate was 7.69%.

New Market Poverty

rate

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Rate
Poverty
Less Than 9th Grade0%
High School3.57%
Bachelors or Greater2.2%
Some College1.03%

New Market Poverty Rate by Education

rate

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Rate
Poverty
Male Unemployed68.42%
Female Employed0.6%
Male Employed0%
Female Unemployed0%

New Market Poverty Rate by Employment Status and Sex

New Market Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

New Market Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

67.0%

Overall Marriage Rate

66.1%

Male Marriage Rate

67.9%

Female Marriage Rate

New Market Married by Age and Sex

male

female

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

Married

Widowed

Divorced

Separated

NeverMarried

New Market Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

68

Number of Veterans

56

Male Veterans

12

Female Veterans

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New Market Veterans by War

count

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New Market Veterans by Age

count

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New Market Veterans by Race

New Market Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0%

Veteran Poverty Rate

7.35%

Veteran Disability Rate

New Market Veterans by Education

LaborForceParticipation

78.9%

Labor Force Participation

76.1%

Employment Rate

3.5%

Unemployment Rate

New Market Employment by Age

LaborForceParticipation

New Market Employment by Race

LaborForceParticipation

New Market Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

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

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

59%

Born in New Market

95.63%

Native Born

4.37%

Foreign Born

0.33%

Non Citizen

4.04%

Naturalized

Place of Birth

95.63% of New Market residents were born in the United States, with 59% having been born in Maryland. 0.33% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

New Market Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20291,904412.2%
20281,863422.31%
20271,821412.3%
20261,780422.42%
20251,738412.42%
20241,697422.54%
20231,655412.54%
20221,614342.15%
20211,580493.2%
20201,531790106.61%
2019741172.35%
2018724141.97%
2017710121.72%
201669860.87%
201569220.29%
201469010.15%
201368950.73%
201268481.18%
201167681.2%
201066800%

New Market Population by Year