New Market

County:: Jefferson County
County Seat:: No
Area (mi²):: 4.233
State:: Tennessee

New Market is a town located in Jefferson County, Tennessee. New Market has a 2025 population of 1,407. New Market is currently growing at a rate of 0.86% annually and its population has increased by 4.53% since the most recent census, which recorded a population of 1,346 in 2020.

The average household income in New Market is $79,713 with a poverty rate of 5.15%. The median age in New Market is 41.8 years: 44.7 years for males, and 41.4 years for females.

Demographics

The racial composition of New Market includes 94.41% White, and smaller percentages for Black or African American, other race, Asian, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Black or African American

Other race

Asian

Native American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	1,689	94.41%
Two or more races	72	4.02%
Black or African American	23	1.29%
Other race	3	0.17%
Asian	2	0.11%
Native American	0	0%
Native Hawaiian or Pacific Islander	0	0%

New Market Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

New Market's average per capita income is $48,260. Household income levels show a median of $70,913. The poverty rate stands at 5.15%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$97,375	-
Families	$74,762	$87,504
Households	$70,913	$79,713
Non Families	$42,250	$47,382

$48,260

Average Income

$70,913

Median Household Income

5.15%

Poverty Rate