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New Market, IN

Full City Profile · Indiana · Putnam County County

3.1 /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
51°F Avg Temperature 293 sunny days/yr
1,261 Violent Crime/100K 2,834 property/100K
B
Overall
3.1 / 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
F
Safety
1.0 / 5.0
1,261 violent crimes/100K (232% above avg)
D
Education
1.9 / 5.0
11.1% bachelor's degree or higher

Housing Overview

Median Home Value
$136,900
51% below
US avg: $281,900
Median Rent
$964/mo
17% below
US avg: $1,163/mo
Homeownership Rate
79.8%
22% above US avg (65.4%)
Total Housing Units
252
Median year built: 1954

Home Value by Source

Census Median
$136,900
Zillow (ZHVI)
$217,044
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.8%
Owner-Occupied
20.2%
Renter-Occupied
80%
20%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $964/mo

Affordability & Housing Stock

Rent Burden
22.3%
of renters spending 30%+ of income on housing
28% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
79.8%

Complete Housing Data

Home Values

Census Median Value$136,900
Zillow Home Value (ZHVI)$217,044

Rent

Census Median Rent$964
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Ownership & Stock

Owner-Occupied79.8%
Renter-Occupied20.2%
Homeownership Rate79.8%
Total Housing Units252
Median Year Built1954
Rent Burden22.3%