Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.4 yrs |
|---|---|
| Avg HH Size | 2.56 |
| Below Poverty | 9.0% ▼ 11% below avg |
| College Grads | 28.0% ▼ 28% below avg |
| Unemployment | 3.3% ▼ 33% below avg |
| No HS Diploma | 163 (3.1%) |
| HS Graduate | 2,166 (41%) |
| Some College | 849 (16.1%) |
| Associates | 624 (11.8%) |
| Bachelors | 582 (11%) |
| Graduate Degree | 897 (17%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,901 ▼ 18% below avg |
|---|---|
| Median Home Value | $193,500 ▼ 31% below avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $853/mo |
| Total Housing Units | 3,485 |
| Vacant Units | 460 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Market is a city in Tennessee, located in Jefferson County. The city spans 1 ZIP code and is home to approximately 7,743 residents. It is a mature city, with a median age of 46.4 years.
Economically, New Market is a solidly middle-class community. The median household income of $62,901 is below the national average. Approximately 9.0% of residents live below the poverty line. The unemployment rate is 3.3%, below the national average.
The real estate market in New Market is an affordable housing market. Median home values stand at $193,500, which is below the national average. Renters typically pay around $853 per month. Homeownership is high at 82.0%, typical of suburban and family-oriented communities.
The population of New Market is moderately educated. 28.0% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (90.17%).
New Market, TN offers residents a cost-conscious lifestyle within Tennessee.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 37820 | 7,743 | $62,901 | $193,500 | $853 | 3.3% | 28.0% | 82.0% |