Median Income
$72,917
3% lower than US avg
Home Value
$136,900
51% lower than US avg
Violent Crime
1,261/100K
232% higher than US avg
Bachelor's+
11.1%
67% lower than US avg
Median Rent
$964
17% lower than US avg
Obesity Rate
38.1%
19% higher than US avg
Unemployment
1.3%
64% lower than US avg
Poverty Rate
0.0%
100% lower than US avg
How New Market Compares to the U.S. Average (100% = U.S. avg)
People
Population544
Median Age43.2 yrs
Density2,015/mi²
Male / Female52% / 48%
Largest GroupWhite 99%
Veterans14.2%
Economy
A+
Median Income$72,917
Per Capita$33,208
Unemployment1.3%
Poverty0.0%
County GDP$1,459M
Commute21 min
Housing
A+
Home Value$136,900
Rent$964
Ownership79.8%
Zillow$217,044
Housing Units252
Rent Burden22.3%
Crime
F
Violent1,261/100K
Property2,834/100K
Health
Obesity38.1%
Uninsured7.7%
Smoking16.7%
Depression27.3%
Heart Disease5.6%
Climate
Avg Temp51°F (11°C)
AQI41 (Good)
Rain43.3 in/yr
Sunny Days293/yr
Elevation810 ft (247 m)
Education
D
Bachelor's+11.1%
High School+92.4%
Graduate+2.0%
School Score5.90
Community
2024 VoteR 75% / D 23%
Commute21 min
Broadband82.5%
EV Stations4
Libraries2
Is New Market a Good Place to Live?
Based on current data, New Market receives an overall livability score of 3.1 out of 5.0, earning a grade of B. Key strengths include low unemployment, affordable housing, abundant sunshine, a low poverty rate. Areas to be aware of include elevated crime rates. New Market offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in New Market is $72,917, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 1.3%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 21 minutes.
Cost of Living & Housing
The median home value in New Market is $136,900, 51% below the national median / offering relatively affordable homeownership. Renters pay a median of $964 per month, below the national average / a plus for affordability. At just 1.9x median income, home prices are very affordable relative to local earnings.
Safety & Crime
With 1,261 violent crimes per 100,000 residents, public safety is a notable concern / this is significantly above the national average of 380. Property crime occurs at a rate of 2,834 per 100,000, 45% above the national average.
Education
11.1% of residents hold a bachelor's degree, below the national average of 33.7%. 92.4% have completed high school. Area schools have an average test score of 5.9/10.
Climate & Weather
New Market experiences four distinct seasons with an average temperature of 51°F. Winters average 26°F in January while summers reach 73°F in July. With 293 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 43.3 inches, including 14.0 inches of snow. Air quality is rated Good with a median AQI of 41.
New Market has a population of 544 with a density of 2,015 people per square mile, spread across 0.3 square miles. The median age is 43.2 years, 11% older than the national median of 38.9. The gender split is 47.6% female and 52.4% male. The city is predominantly White (98.5%). English is the primary language spoken at home by 99.8% of residents. 14.2% of the population are veterans, above the national rate of 6.0%. 20.4% of residents have a disability (above the 13.0% national average). 94.2% have health insurance coverage.
Population
43.2yrs
Median Age
11% above US avg
Race & Ethnicity
New Market vs U.S. Average
Language Spoken at Home
English Only
99.8%
27% above US avg
Spanish
0.2%
99% below US avg
Social Characteristics
New Market vs U.S. Average
The median household income in New Market is $72,917, which is 3% below the national average of $75,149. Per capita income is $33,208 (below the $39,052 national figure). The average weekly wage is $975, 32% lower than the U.S. average. The unemployment rate is 1.3% (below the 3.6% US average). 0.0% of residents live below the poverty line, lower than the national rate of 12.4%. The area has 768 business establishments, including 79 restaurants. The cost of living index is 93.3, below the national baseline of 100 / offering relatively affordable living. Workers commute an average of 21 minutes (shorter than the 28-minute US average). 4.4% of workers work from home (below the 15.2% national rate).
Income: New Market vs U.S.
Income
| Median HH Income | $72,917 |
| 3% below US avg |
| Per Capita Income | $33,208 |
| Avg Weekly Wage | $975 |
| IRS Avg AGI | $65,519 |
| Gini Index | 0.381 (0=equal, 1=unequal) |
Employment & Poverty
| Unemployment | 1.3% |
| 64% below US avg |
| Poverty Rate | 0.0% |
| 100% below US avg |
| Establishments (County) | 768 |
| County GDP | $1,459M |
Business (County)
| Restaurants | 79 |
| Healthcare | 71 |
| Retail | 111 |
| Manufacturing | 22 |
Tax & Cost of Living
| Property Tax (IRS) | $2,138 |
| 39% below US avg |
| Cost of Living | 93.30 (100=avg) |
| Effective Tax Rate | 1.56% |
Commute & Transportation
| Commute Time | 21.1 min |
| Drive Alone | 87.5% |
| Public Transit | 0.0% |
| Work from Home | 4.4% |
The median home value in New Market is $136,900, 51% below the national median of $281,900. Zillow estimates the typical home value at $217,044, higher than the Census estimate. Monthly rent averages $964 (17% below the national average of $1,163). Fair market rent ranges from $882 for a one-bedroom to $1,096 for a two-bedroom apartment. 79.8% of housing units are owner-occupied (above the 65.4% national rate). There are 252 total housing units in the city. The median year a home was built is 1954. The average annual property tax is $2,138 (lower than the $3,500 national average). 22.3% of renters spend 30% or more of their income on housing. The home price-to-income ratio is 1.9x, well within the affordable range.
Home Values
| Census Median | $136,900 |
| 51% below US avg |
| Zillow ZHVI | $217,044 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $964 |
| 17% below US avg |
| Rent Burden | 22.3% |
HUD Fair Market Rent
| Studio | $816 |
| 1 Bedroom | $882 |
| 2 Bedrooms | $1,096 |
| 3 Bedrooms | $1,391 |
| 4 Bedrooms | $1,590 |
Ownership & Property
| Homeownership | 79.8% |
| Owner-Occupied | 79.8% |
| Renter-Occupied | 20.2% |
| Housing Units | 252 |
| Median Year Built | 1954 |
Property Tax
| Avg Tax (IRS) | $2,138 |
| 39% below US avg |
| Effective Rate | 1.56% |
In New Market, 38.1% of adults are obese, above the national rate of 32.1%. 10.0% have diabetes. Heart disease affects 5.6% of residents. 33.5% have high blood pressure. 16.7% are current smokers. 19.0% report binge drinking. 24.4% are physically inactive. 27.3% report depression (above the 20.0% national average). 18.9% experience frequent mental distress. 7.7% of residents lack health insurance. The primary care physician ratio is 1:3,082. The dentist ratio is 1:2,194. 62.4% of residents have access to exercise opportunities. The food environment index is 8.3 out of 10.
Health Metrics: New Market vs U.S. Average (%)
Chronic Conditions
| Obesity | 38.1% |
| 19% above US avg |
| Diabetes | 10.0% |
| Heart Disease | 5.6% |
| High Blood Pressure | 33.5% |
| Asthma | 11.2% |
| COPD | 7.2% |
| Cancer | 7.5% |
| Stroke | 2.8% |
Behaviors & Mental Health
| Smoking | 16.7% |
| 19% above US avg |
| Binge Drinking | 19.0% |
| Physical Inactivity | 24.4% |
| Depression | 27.3% |
| Mental Distress | 18.9% |
| Physical Distress | 13.1% |
| Short Sleep | 40.3% |
Healthcare Access
| Insurance Rate | 94.2% |
| Uninsured | 7.7% |
| 10% below US avg |
| Primary Care | 1:3,082 |
| Dentists | 1:2,194 |
| Mental Health | 1:963 |
| Checkup Rate | 78.1% |
| Dental Visits | 61.3% |
| Premature Death | 8,446/100K |
Food & Exercise
| Food Environment | 8.3/10 |
| Exercise Access | 62.4% |
| Healthcare Facilities | 71 |
New Market has a violent crime rate of 1,261 per 100,000 residents, 232% above the national average of 380. Property crime stands at 2,834 per 100,000, 45% above the U.S. average. The county recorded 8 fatal traffic crashes. Overall, New Market receives a safety grade of F.
Crime Rates: New Market vs U.S. Average (per 100,000)
Violent Crime
| Total Violent | 1,261.2/100K |
| 232% above US avg |
| |
Property Crime
| Total Property | 2,834.5/100K |
| 45% above US avg |
Traffic Safety
| Fatal Crashes (County/yr) | 8 |
| Avg Accident Severity | 0.0 / 4.0 |
Safety Score
| Safety Grade | F |
| Safety Score | 1.0 / 5.0 |
New Market experiences four distinct seasons with an average annual temperature of 51°F (11°C). Winters average 26°F in January while summers reach 73°F in July. The area gets 293 sunny days per year, well above the U.S. average of 205 / making it one of the sunnier locations in the country. Annual precipitation totals 43.3 inches. The area receives 14.0 inches of snow annually. Air quality is rated Good with a median AQI of 41. The city sits at an elevation of 810 feet.
Temperature
26°F Jan (-4°C)
73°F Jul (23°C)
| Annual Average | 51.2°F |
| 5% below US avg |
| January Average | 26°F (-4°C) |
| July Average | 73°F (23°C) |
| Sunny Days | 293 days/yr |
Geography
| Elevation | 810 ft (247 m) |
| Area | 0.3 sq mi (0.7 km²) |
| Population Density | 2,015/sq mi |
| Coordinates | 39.9527°N, 86.9215°W |
| Timezone | America/Indiana/Indianapolis |
| County | Putnam County County |
| Nearest Airport | Indianapolis International (IND)
37 miles away |
Precipitation & Snow
Annual Rainfall
43.3"
14% above US avg
Wettest Month (Jul)
4.49"
Air Quality
| AQI Median | 41.0 |
| Rating | Good |
Natural Hazard Risk
| Overall Risk | Relatively Low |
| Risk Score | 42.8 / 100 |
| Social Vulnerability | 31.5 / 100 |
| Community Resilience | 70.9 / 100 |
Hazard Breakdown
| Tornado |
Relatively Low |
| Hurricane |
Very Low |
| Earthquake |
Relatively Low |
| Wildfire |
Very Low |
| Flood |
Relatively Low |
| Hail |
Relatively Low |
| Strong Wind |
Relatively Moderate |
| Heat Wave |
Relatively Low |
| Winter Weather |
Relatively Moderate |
| Lightning |
Relatively Low |
| Ice Storm |
Relatively Low |
| Drought |
Relatively Moderate |
| Cold Wave |
Relatively Low |
| Landslide |
Relatively Low |
Source: FEMA National Risk Index v1.20 (Dec 2025)
Earthquake History
10 earthquakes (M2.5+) within 150 km since 1990.
Strongest: M3.8. Most recent: M3.3 on May 13, 2025.
| Jun 17, 2021 |
Illinois-Indiana border region |
M3.8 |
34 km |
| Nov 11, 1991 |
3 km W of Flat Rock, Illinois |
M3.8 |
135 km |
| Sep 12, 2004 |
4 km NW of Manilla, Indiana |
M3.8 |
114 km |
| Dec 20, 1990 |
5 km S of Stilesville, Indiana |
M3.7 |
47 km |
| Apr 14, 2000 |
4 km NW of Heritage Lake, Indiana |
M3.6 |
26 km |
| May 13, 2025 |
7 km SSW of Lerna, Illinois |
M3.3 |
137 km |
| Dec 17, 1990 |
Illinois-Indiana border region |
M3.2 |
17 km |
| May 10, 2012 |
0 km NW of Emison, Indiana |
M3.1 |
136 km |
| Dec 16, 1996 |
3 km NNE of Terre Haute, Indiana |
M3.1 |
65 km |
| May 10, 2012 |
1 km NNW of Emison, Indiana |
M2.7 |
135 km |
Source: USGS (M2.5+, 1990–2025)
Tornado History
596 tornadoes (EF0+) within 100 km since 1950.
Strongest: EF4. Total: 88 fatalities, 1,920 injuries.
| Date |
Rating |
Distance |
Fatalities |
| Jun 11, 1998 |
EF4 |
85 km |
0 |
| Apr 26, 1994 |
EF4 |
59 km |
3 |
| Mar 20, 1976 |
EF4 |
58 km |
0 |
| Apr 3, 1974 |
EF4 |
63 km |
18 |
| May 14, 1972 |
EF4 |
75 km |
0 |
| Apr 11, 1965 |
EF4 |
9 km |
28 |
| Apr 11, 1965 |
EF4 |
43 km |
0 |
| Apr 11, 1965 |
EF4 |
68 km |
25 |
| Mar 31, 2023 |
EF3 |
84 km |
0 |
| Mar 31, 2023 |
EF3 |
75 km |
2 |
| Aug 24, 2016 |
EF3 |
84 km |
0 |
| Nov 17, 2013 |
EF3 |
44 km |
0 |
| Jun 5, 2010 |
EF3 |
99 km |
0 |
| Sep 20, 2002 |
EF3 |
84 km |
0 |
| Jun 11, 1998 |
EF3 |
88 km |
0 |
| Apr 19, 1996 |
EF3 |
90 km |
1 |
| Nov 22, 1992 |
EF3 |
82 km |
0 |
| Nov 22, 1992 |
EF3 |
26 km |
0 |
| Nov 22, 1992 |
EF3 |
70 km |
0 |
| Nov 22, 1992 |
EF3 |
69 km |
0 |
Source: NOAA SPC (EF0+, 1950–2024)
Monthly Weather
| Month |
Avg Temperature |
Precipitation |
Summary |
| January |
26°F (-4°C) |
2.2 in |
Coldest, Driest |
| February |
29°F (-2°C) |
2.2 in |
|
| March |
40°F (4°C) |
3.3 in |
|
| April |
51°F (10°C) |
3.9 in |
|
| May |
61°F (16°C) |
4.4 in |
|
| June |
71°F (21°C) |
4.2 in |
|
| July |
73°F (23°C) |
4.5 in |
Warmest, Wettest |
| August |
72°F (22°C) |
4.1 in |
|
| September |
66°F (19°C) |
3.2 in |
|
| October |
54°F (12°C) |
3.0 in |
|
| November |
42°F (5°C) |
3.7 in |
|
| December |
31°F (-1°C) |
3.1 in |
|
New Market has a seasonal temperature swing of 47°F / from 26°F in January to 73°F in July. Total annual precipitation is 41.6 inches, with July being the wettest month (4.5") and January the driest (2.2").
Average costs for common services in New Market. Prices are estimated based on regional cost of living data and may vary by provider.
Healthcare
| Doctor Visit (Primary Care) |
$233 ($140–$373) |
| Specialist Visit |
$327 ($187–$513) |
| Urgent Care Visit |
$187 ($93–$327) |
| Emergency Room Visit |
$2,053 ($746–$4,665) |
| Dental Cleaning |
$121 ($70–$187) |
| Dental Filling |
$233 ($140–$373) |
View all 40 services
Auto Repair
| Oil Change (Conventional) |
$42 ($23–$70) |
| Oil Change (Synthetic) |
$70 ($47–$112) |
| Brake Pad Replacement |
$280 ($140–$467) |
| Tire Rotation |
$37 ($19–$70) |
| New Tires (Set of 4) |
$560 ($373–$933) |
| Battery Replacement |
$187 ($93–$327) |
View all 18 services
Home Services
| Plumber (Per Hour) |
$93 ($56–$140) |
| Electrician (Per Hour) |
$84 ($47–$131) |
| HVAC Repair |
$373 ($140–$746) |
| HVAC System Install |
$6,531 ($3,732–$11,196) |
| Roof Repair |
$933 ($373–$1,866) |
| Roof Replacement |
$8,397 ($5,132–$13,995) |
View all 25 services
Legal
| Divorce (Uncontested) |
$1,400 ($467–$3,266) |
| Divorce (Contested) |
$13,995 ($4,665–$27,990) |
| DUI Defense |
$4,665 ($1,866–$9,330) |
| Bankruptcy (Chapter 7) |
$1,400 ($746–$2,799) |
| Will Preparation |
$467 ($187–$933) |
| Trust Preparation |
$2,333 ($933–$4,665) |
View all 12 services
Personal Care
| Men's Haircut |
$23 ($14–$42) |
| Women's Haircut |
$51 ($28–$93) |
| Hair Coloring (Full) |
$140 ($70–$233) |
| Manicure |
$23 ($14–$42) |
| Pedicure |
$37 ($23–$61) |
| Massage (1 Hour) |
$75 ($47–$121) |
View all 12 services
Food & Grocery
| Gallon of Milk (per gallon) |
$3.83 ($2.80–$5.13) |
| Dozen Eggs (per dozen) |
$3.27 ($2.33–$4.67) |
| Loaf of Bread |
$3.55 ($2.33–$5.13) |
| Chicken Breast (per lb) |
$4.20 ($2.80–$6.06) |
| Ground Beef (per lb) |
$5.13 ($3.73–$7.00) |
| Rice (per lb) |
$0.93 ($0.56–$1.68) |
View all 20 services
Utilities
| Electricity (Monthly) |
$131 ($75–$233) |
| Natural Gas (Monthly) |
$65 ($28–$140) |
| Water/Sewer (Monthly) |
$65 ($37–$112) |
| Internet (Monthly) |
$65 ($37–$93) |
| Cell Phone Plan (Monthly) |
$61 ($28–$93) |
| Cable TV (Monthly) |
$79 ($47–$140) |
View all 8 services
Transportation
| Monthly Parking (Downtown) |
$187 ($70–$467) |
| Car Insurance (Annual) |
$1,866 ($1,120–$3,266) |
| Bus Pass (Monthly) |
$65 ($28–$121) |
| Taxi/Uber (5-Mile Ride) |
$14 ($7.46–$23) |
| Car Registration (Annual) |
$93 ($28–$233) |
| Driver's License Renewal |
$28 ($14–$70) |
View all 8 services
Education & Childcare
| Daycare (Infant, Monthly) |
$1,120 ($560–$2,333) |
| Daycare (Toddler, Monthly) |
$933 ($467–$1,866) |
| After-School Care (Monthly) |
$373 ($187–$653) |
| Tutoring (Per Hour) |
$47 ($23–$93) |
| SAT/ACT Prep Course |
$933 ($373–$2,333) |
| Private School (K-12, Annual) |
$11,663 ($4,665–$27,990) |
View all 8 services
Pets
| Vet Visit (Routine Checkup) |
$56 ($28–$93) |
| Dog Vaccination (Annual) |
$93 ($47–$187) |
| Dog Grooming |
$56 ($28–$93) |
| Pet Boarding (Per Night) |
$37 ($19–$70) |
| Dog Spay/Neuter |
$280 ($140–$467) |
| Cat Spay/Neuter |
$187 ($93–$373) |
View all 9 services
Frequently Asked Questions About New Market
What is the population of New Market?
New Market has a population of 544 residents and is located in Indiana. The population density is 2,015 people per square mile, spread across 0.3 square miles. The median age of residents is 43.2 years, which is older than the national median of 38.9 years. The population is 47.6% female and 52.4% male.
Is New Market expensive to live in?
New Market is more affordable than the national average, with a cost of living index of 93.3 / below the baseline of 100. The median household income is $72,917, 3% below the national average of $75,149. The median home value is $136,900 (51% below the U.S. median). Renters pay a median of $964 per month, below the national average of $1,163. The home price-to-income ratio is 1.9x, indicating housing is reasonably affordable relative to local income levels.
Is New Market safe?
Public safety is a concern in New Market, with a violent crime rate of 1,261 per 100,000 / significantly above the national average of 380. However, crime tends to concentrate in certain areas, and many neighborhoods remain relatively safe. Property crime occurs at a rate of 2,834 per 100,000 (above the national average). Overall, New Market receives a safety grade of F based on combined crime data.
What is the weather like in New Market?
New Market has a four-season climate with an average annual temperature of 51°F (11°C). Winter temperatures average 26°F in January, while summers reach an average of 73°F in July. The area receives 293 sunny days per year, well above the national average of 205. Annual rainfall totals 43.3 inches, with 14.0 inches of snow. Air quality is rated Good with a median Air Quality Index (AQI) of 41.
How is the job market in New Market?
The job market in New Market is very strong, with unemployment at just 1.3% / well below the national rate of 3.6%. The average weekly wage is $975. There are 768 business establishments in the area, including 79 restaurants and food service locations. The average commute time is 21 minutes, and 4.4% of workers work from home.
How much does housing cost in New Market?
The median home value in New Market is $136,900. Zillow estimates the typical home value at $217,044. For renters, the median monthly rent is $964. Fair market rent is $882 for a 1-bedroom and $1,096 for a 2-bedroom apartment. The homeownership rate is 79.8%. The average annual property tax is $2,138.
How are the schools in New Market?
Schools in New Market score 5.9 out of 10 on standardized testing, near the national average. 11.1% of adults in New Market hold a bachelor's degree or higher, below the national average of 33.7%. 92.4% have completed high school. 2.0% hold a graduate or professional degree.
How healthy is New Market?
The obesity rate in New Market is 38.1% (above the national rate of 32.1%). 16.7% of adults are smokers. 24.4% are physically inactive. 27.3% of residents report depression. 7.7% lack health insurance. 62.4% of residents have access to exercise opportunities. The primary care physician ratio is 1:3,082.
What is transportation like in New Market?
The average commute in New Market is 21 minutes, shorter than the national average of 28 minutes. 87.5% of workers drive alone to work, and 4.4% work from home.
What are the demographics of New Market?
The racial and ethnic makeup of New Market is 98.5% White. 99.8% of residents speak only English at home. 14.2% of the population are military veterans. 20.4% of residents have a disability. 94.2% have health insurance coverage.
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