New Market, Minnesota Population 2021

3,790
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New Market is a city located in Scott County Minnesota. New Market has a 2020 population of 3,790. New Market is currently growing at a rate of 0.50% annually and its population has increased by 9.57% since the most recent census, which recorded a population of 3,459 in 2010. New Market reached it's highest population of 3,790 in 2021.

The average household income in New Market is $151,915 with a poverty rate of 4.77%. The median rental costs in recent years comes to - per month, and the median house value is $461,900. The median age in New Market is 45.4 years, 45.8 years for males, and 45.1 years for females.

New Market Demographics

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

  • White: 97.11%
  • Two or more races: 1.51%
  • Other race: 0.78%
  • Asian: 0.46%
  • Black or African American: 0.13%
  • Native American: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of New Market, Minnesota is 3,790 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 3,733.The last official US Census in 2010 recorded the population at 3,459.

New Market, Minnesota Population 2021

Population by Race

Race Population Percentage
White3,59997.11%
Two or More Races561.51%
Some Other Race290.78%
Asian170.46%
Black or African American50.13%
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New Market Population by Race

New Market Population Pyramid $2021

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New Market Median Age

45.4


Total

45.8


Male

45.1


Female

New Market Adults

There are 2,877 adults, (480 of whom are seniors) in New Market.

New Market Age Dependency

54.6

Age Dependency Ratio

20

Old Age Dependency Ratio

34.6

Child Dependency Ratio

New Market Sex Ratio

Female

1,802

48.62%

Male

1,904

51.38%

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
Female100%0%
Married99.4%0.6%
All97.2%2.8%
Non Family88.8%11.2%
Male85.7%14.3%

97.2%

Rate of Home Ownership

New Market Households and Families

Type Count Average Size Owned
All1,2762.8897.2
Married9623.1899.4
Non Family2141.3488.8
Female583.24100
Male423.4385.7

3.15

Average Family Size

2.88

Average Household Size

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New Market Households by Type

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Education Attained Count Percentage
Less Than 9th Grade250.99%
9th to 12th Grade512.02%
High School Graduate51620.45%
Some College45518.03%
Associates Degree34313.59%
Bachelors Degree76030.12%
Graduate Degree37314.78%
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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
White2,4682,3921,092
2+ Races252518
Asian171717
Other Race12126
Hispanic11

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

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

New Market Educational Attainment by Race

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Name Average Male Female
Overall$64,802$80,956$47,386
Less Than 9th Grade$$$
High School Graduate$34,583$53,864$14,868
Some College$56,354$65,417$47,679
Bachelors Degree$85,125$109,375$52,500
Graduate Degree$87,500$90,735$86,364

$64,802

Average Earnings

$80,956

Average Male

$47,386

Average Female

New Market Earnings by Educational Attainment

New Market Language by Age

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New Market Language

97.82% of New Market residents speak only English, while 2.18% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 1.01% of the population.

New Market Language

New Market Poverty by Race

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4.77%

Overall Poverty Rate

3.87%

Male Poverty Rate

5.72%

Female Poverty Rate

Poverty in New Market

The race most likely to be in poverty in New Market is White, with 4.90% below the poverty level.

The race least likely to be in poverty in New Market is White, with 4.90% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 1.24%. Among those working part-time, it was 3.57%, and for those that did not work, the poverty rate was 9.44%.

New Market Poverty

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Name Poverty
Less Than 9th Grade34.21%
High School8.66%
Some College3.76%
Bachelors or Greater0.98%

New Market Poverty Rate by Education

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Rate Poverty
Male Employed1.84%
Female Employed1.70%
Female Unemployed0.00%
Male 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$120,750$151,915
Families$133,824$165,974
Married Families$137,357-
Non Families$72,222$79,679
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Income by Household Type

New Market Marital Status

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Marriage Rates

64.2%

Overall Marriage Rate

63.7%

Male Marriage Rate

64.8%

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 45-54.

New Market Marital Status by Race

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New Market Marital Status

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151

Number of Veterans

138

Male Veterans

13

Female Veterans

War Veterans
Vietnam79
First Gulf War41
Second Gulf War12
World War II7
Korea

New Market Veterans by War

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Age Group Veterans
65 to 7461
35 to 5447
75+26
55 to 6417
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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0.00%

Veteran Poverty Rate

20.55%

Veteran Disability Rate

New Market Veterans by Education

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74.1%

Labor Force Participation

72.8%

Employment Rate

1.7%

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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72.53%

Born in New Market

98.43%

Native Born

1.57%

Foreign Born

0.00%

Non Citizen

1.57%

Naturalized

Place of Birth

98.43% of New Market residents were born in the United States, with 72.53% having been born in Minnesota. 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
20213,790190.50%
20203,771190.51%
20193,752190.51%
20183,733100.27%
20173,723521.42%
20163,671411.13%
20153,630150.41%
20143,615451.26%
20133,570361.02%
20123,534581.67%
20113,476170.49%
20103,4590.00%

New Market Population by Year