Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.5 yrs |
|---|---|
| Avg HH Size | 2.42 |
| Below Poverty | 2.7% ▼ 73% below avg |
| College Grads | 25.7% ▼ 34% below avg |
| Unemployment | 1.4% ▼ 72% below avg |
| HS Graduate | 201 (52.6%) |
| Some College | 46 (12%) |
| Associates | 37 (9.7%) |
| Bachelors | 54 (14.1%) |
| Graduate Degree | 44 (11.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,089 ≈ Avg |
|---|---|
| Median Home Value | $151,500 ▼ 46% below avg |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $968/mo |
| Total Housing Units | 248 |
| Vacant Units | 21 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Market is a city in Indiana, located in Montgomery County. The city spans 1 ZIP code and is home to approximately 550 residents. It is a middle-aged city, with a median age of 43.5 years.
Economically, New Market is a middle-income community. The median household income of $75,089 is near the national average. Approximately 2.7% of residents live below the poverty line. The unemployment rate is 1.4%, well below the national average.
The real estate market in New Market is an affordable housing market. Median home values stand at $151,500, which is below the national average. Renters typically pay around $968 per month. Homeownership is high at 81.5%, typical of suburban and family-oriented communities.
The population of New Market is moderately educated. 25.7% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (96.91%).
New Market, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47965 | 550 | $75,089 | $151,500 | $968 | 1.4% | 25.7% | 81.5% |