New Market, Tennessee Population 2024

1,410

New Market is a city located in Jefferson County Tennessee. New Market has a 2024 population of 1,410. New Market is currently growing at a rate of 1.15% annually and its population has increased by 4.75% since the most recent census, which recorded a population of 1,346 in 2020.

The average household income in New Market is $77,470 with a poverty rate of 8.88%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in New Market is 41.4 years, 41.6 years for males, and 41.3 years for females.

New Market Demographics

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

  • White: 99.22%
  • Black or African American: 0.45%
  • Asian: 0.22%
  • Two or more races: 0.11%
  • Native American: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
Land Area (mi²)
4.2 sq mi
Density (mi²)
333.10/sq mi
Growth Since 2020
4.75% (64)
The current population of New Market, Tennessee is 1,410 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 1,346.

New Market, Tennessee Population 2024

Population by Race

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Race
Population
Percentage (of total)
White1,77299.22%
Black or African American80.45%
Asian40.22%
Two or more races20.11%
Native American00%
Native Hawaiian or Pacific Islander00%
Other race00%

White

Black or African American

Asian

Two or more races

Native American

Native Hawaiian or Pacific Islander

Other race

New Market Population by Race

New Market Population Pyramid 2024

New Market Median Age

41.4

Total

41.6

Male

41.3

Female

New Market Adults

There are 1,326 adults, (310 of whom are seniors) in New Market.

New Market Age Dependency

75.8

Age Dependency Ratio

30.5

Old Age Dependency Ratio

45.3

Child Dependency Ratio

New Market Sex Ratio

Female89950.34%
Male88749.66%

New Market Population by Age

New Market Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All6042.9677.222.8
Married3363.6874.725.3
Non Family1471.0391.88.2
Female873.2567.832.2
Male343.4161.838.2

3.45

Average Family Size

2.96

Average Household Size

77.2%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

New Market Households and Families

Male

Female

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Education Attained
Count
Percentage
9th to 12th Grade867.17%
Associates Degree998.26%
Bachelors Degree19416.18%
Graduate Degree1048.67%
High School Graduate44637.2%
Less Than 9th Grade665.5%
Some College20417.01%

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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Race
Total
High School
Bachelors
White1,123998294
Hispanic62350
Black880
Asian444
2+ Races220

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

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

New Market Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Bachelors Degree$58,250$73,349$48,600
Graduate Degree$61,776$85,208$61,250
High School Graduate$44,211$45,938$40,000
Less Than 9th Grade$45,750$46,000$0
Overall$46,519$47,826$40,263
Some College$23,816$0$24,276

$46,519

Average Earnings

$47,826

Average Male

$40,263

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

94.05% of New Market residents speak only English, while 5.95% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 5.77% of the population.

New Market Language

New Market Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White1,6571589.54%

8.88%

Overall Poverty Rate

5.22%

Male Poverty Rate

12.46%

Female Poverty Rate

Poverty in New Market

The race most likely to be in poverty in New Market is White, with 9.54% below the poverty level.

The race least likely to be in poverty in New Market is White, with 9.54% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.64%. Among those working part-time, it was 9.29%, and for those that did not work, the poverty rate was 10.82%.

New Market Poverty

rate

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Rate
Poverty
Less Than 9th Grade13.16%
Some College10.89%
Bachelors or Greater4.03%
High School1.79%

New Market Poverty Rate by Education

rate

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Rate
Poverty
Female Employed6.4%
Male Employed2.15%
Male Unemployed0%
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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Name
Median
Mean
Families$74,097$86,261
Households$66,324$77,470
Married Families$93,500$-999,999,999
Non Families$34,432$40,567

mean

median

Income by Household Type

New Market Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

56.1%

Overall Marriage Rate

61.9%

Male Marriage Rate

50.6%

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 45-54, while the female age group most likely to be married is 45-54.

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

195

Number of Veterans

191

Male Veterans

4

Female Veterans

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War
Veterans
First Gulf War112
Second Gulf War24
Vietnam23
World War II4
Korea3

New Market Veterans by War

count

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Age Group
Veterans
35 to 54111
75+29
18 to 3424
65 to 7417
55 to 6414

New Market Veterans by Age

count

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Name
Veterans
% of Total
White19414.79%
2+ Races150%

New Market Veterans by Race

New Market Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

2.05%

Veteran Poverty Rate

20.51%

Veteran Disability Rate

New Market Veterans by Education

LaborForceParticipation

67.9%

Labor Force Participation

66.2%

Employment Rate

2.5%

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

65.06%

Born in New Market

96.19%

Native Born

3.81%

Foreign Born

2.35%

Non Citizen

1.46%

Naturalized

Place of Birth

96.19% of New Market residents were born in the United States, with 65.06% having been born in Tennessee. 2.35% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

New Market Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20291,490161.09%
20281,474161.1%
20271,458161.11%
20261,442161.12%
20251,426161.13%
20241,410161.15%
20231,394161.16%
20221,378211.55%
20211,357110.82%
20201,346-30-2.18%
20191,376100.73%
20181,36640.29%
20171,36230.22%
20161,359-2-0.15%
20151,361110.81%
20141,35010.07%
20131,349-8-0.59%
20121,35730.22%
20111,354120.89%
20101,34200%

New Market Population by Year