New Market, IN

Indiana

New Market is a small town in Indiana with a population of 544. Residents earn $72,917 per year, which is 3% below the national average.

3.8 /5.0
B+ Good
544 Population 2,015/sq mi density
$72,917 Median Income $33,208 per capita
$136,900 Home Value
$964 Median Rent
51°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$72,917 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$136,900 home value, $964/mo rent
D
Education
1.9 / 5.0
11.1% bachelor's degree or higher
Median Income $72,917
3% lower than US avg
Home Value $136,900
51% lower 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%

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
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

Obesity38.1%
UninsuredN/A
Depression27.3%
Heart Disease5.6%

Climate

Avg Temp51°F
AQI41 (Good)
Rain43.3 in/yr
Elevation810 ft

Education

D
Bachelor's+11.1%
High School+92.4%
School Score6.01

Community

2024 VoteR 75% / D 23%
Commute21 min
Libraries2

Is New Market a Good Place to Live?

Based on current data, New Market receives an overall livability score of 3.8 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, a low poverty rate, high health insurance coverage. 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.

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 6/10.

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. 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. The median age is 43.2 years, 11% older than the national median of 38.9. The city is predominantly White (98.5%).

Population

544
Total Population
2,015
People / sq mi
43.2yrs
Median Age
11% above US avg
0.3mi²
Land Area

Gender Distribution

Male 52.4%
Female 47.6%

Race & Ethnicity

New Market vs U.S. Average

Language Spoken at Home

English Only99.8%
27% above US avg
Spanish0.2%
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. The unemployment rate is 1.3% (below the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 21 minutes.

Income: New Market vs U.S.

Commute Mode

Income

Median HH Income$72,917
3% below US avg
Per Capita Income$33,208
Avg Weekly Wage$975
IRS Avg AGI$65,519

Employment & Poverty

Unemployment1.3%
64% below US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)768
County GDP$1,459M

Business (County)

Restaurants79
Healthcare71
Retail111
Manufacturing22

Tax & Cost of Living

Property Tax (IRS)$2,138
39% below US avg
Effective Tax Rate1.56%

Commute & Transportation

Commute Time21.1 min
Work from Home4.4%

Walkability

The median home value in New Market is $136,900, 51% below the national average. Monthly rent averages $964 (17% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$136,900
51% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$964
17% below US avg

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied79.8%

Property Tax

Avg Tax (IRS)$2,138
39% below US avg
Effective Rate1.56%
In New Market, 38.1% of adults are obese (above the 32.1% national rate). 27.3% report depression. 24.4% are physically inactive.

Health Metrics: New Market vs U.S. Average (%)

Chronic Conditions

Obesity38.1%
19% above US avg
Diabetes10.0%
Heart Disease5.6%
High Blood Pressure33.5%
Asthma11.2%
COPD7.2%
Stroke2.8%

Behaviors & Mental Health

Binge Drinking19.0%
Physical Inactivity24.4%
Depression27.3%
Mental Distress18.9%
Physical Distress13.1%

Healthcare Access

Insurance Rate94.2%
Checkup Rate78.1%
Premature Death8,446/100K

Food & Exercise

Food Environment8.3/10
Exercise Access62.4%
Healthcare Facilities71

Crime Rates: New Market vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)8

Safety Score

New Market has an average annual temperature of 51°F (11°C). Winters average 26°F in January while summers reach 73°F in July. Annual precipitation is 43.3 inches. Air quality is rated Good with a median AQI of 41.

Temperature

26°F Jan (-4°C) 73°F Jul (23°C)
Annual Average51.2°F
5% below US avg
January Average26°F (-4°C)
July Average73°F (23°C)

Precipitation & Snow

Annual Rainfall43.3 inches
14% above US avg
Snowfall14.0 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation810 ft (247 m)
Area0.3 sq mi (0.7 km²)
Population Density2,015/sq mi
Coordinates39.9527°N, 86.9215°W
County FIPS18133
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 11.1% of residents hold a bachelor's degree or higher (67% below US avg). In the 2024 election, the county voted Republican by a 52-point margin.

2024 Presidential Election (County)

R 75.1%
D 23.1%

Winner: Republican by 52 points

Education

Bachelor's Degree+11.1%
67% below US avg
High School+92.4%
School Test Score6.01
D Education Grade (1.9/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density2,015/sq mi
Total Area0.3 sq mi

Infrastructure & Services

Public Libraries2
Healthcare Facilities71
Restaurants79
Retail Stores111

Safety & Disasters

Fatal Crashes (County/yr)8

Commute & Transportation

Avg Commute21.1 min
Work from Home4.4%

Nearby Cities

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