New Market, IN

Full City Profile · Indiana · Putnam County County

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 $217,044 Zillow
$964 Median Rent 22.3% income on rent
50°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$72,917 median income, 2.1% 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

New Market, IN

At a Glance

Median Income
$72,917
3% below
$33,208 per capita
Home Value
$136,900
51% below
Zillow: $217,044
Median Rent
$964/mo
17% below
22.3% of income on rent
Bachelor's Degree+
11.1%
67% below
92.4% high school+
Unemployment
2.1%
42% below
0.0% poverty rate
Obesity Rate
38.1%
19% above
16.7% smoking rate
Avg Temperature
50°F

How New Market Compares to the U.S. Average

Each bar shows New Market's value as a percentage of the national average (100% = U.S. avg)

Income
97%
Home Value
49%
Rent
83%
Poverty
0%
Bachelor's
33%
Unemployment
58%
Thin vertical line = U.S. national average (100%)

Is New Market a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

New Market residents earn a median household income of $72,917 , which is 3% below the national average of $75,149. Per capita income is $33,208. The unemployment rate stands at 2.1% (42% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 768 business establishments, including 79 restaurants.

Housing & Cost of Living

The median home value in New Market is $136,900 , 51% below the national median of $281,900. Zillow estimates the typical home at $217,044. Median rent is $964/month, with 22.3% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1954.

Education

11.1% of adults in New Market hold a bachelor's degree or higher (67% below the national average). 92.4% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

New Market has an average annual temperature of 50°F (10°C). Winters average 25°F in January while summers reach 72°F in July. Annual precipitation totals 44.2 inches.

Data Overview

People

Population544
Median Age43.2 yrs
Density2,015/mi²
Male / Female52% / 48%
Foreign Born0.4%
Veterans14.2%

Economy

A
Median Income$72,917
Per Capita$33,208
Unemployment2.1%
Poverty0.0%
County GDP$1,459M
Avg Weekly Wage$975

Housing

A+
Home Value$136,900
Rent$964
Ownership79.8%
Zillow$217,044
Housing Units252
Rent Burden22.3%

Health

Obesity38.1%
Diabetes10.0%
Smoking16.7%
Heart Disease5.6%
Premature Death8,446/100K

Climate

Avg Temp50°F
Rain44.2 in/yr
Elevation810 ft

Education

D
Bachelor's+11.1%
High School+92.4%
Graduate+2.0%
School Score5.9/10

Community

2024 VoteR 75% / D 23%
Commute21 min
Broadband82.5%
Internet Speed181 Mbps
EV Stations4
Libraries2

Did You Know?

The median home in New Market was built in 1954.
The nearest airport is Indianapolis International (37 miles).
The Gini coefficient (income inequality) is 0.381 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
23.0% of the population has a disability.
Average internet download speed is 181 Mbps.
The county recorded 8 fatal vehicle crashes.