Maryland · Metropolitan Area
New Market is a small town in Maryland with a population of 1,588. Residents earn $198,080 per year, which is 164% above the national average.
Based on current data, New Market receives an overall livability score of 5.0 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, a highly educated population, a low poverty rate. Areas to be aware of include high housing costs. New Market stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
The median household income in New Market is $198,080, which is significantly higher than the national average — 164% above $75,149. This places New Market among higher-income communities. The job market is very strong with unemployment at just 2.4%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 33 minutes.
The median home value in New Market is $607,700, making it a premium housing market at 116% above the U.S. median of $281,900. Renters pay a median of $1,694 per month, significantly above the national average of $1,163. A price-to-income ratio of 3.1x indicates a reasonably affordable housing market.
New Market is a highly educated community — 69.0% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 100.0% have completed high school. Area schools have an average test score of 5.9/10.
New Market enjoys a moderate climate with an average annual temperature of 57°F. Winters average 35°F in January while summers reach 79°F in July. Annual precipitation totals 43.5 inches. Air quality is rated Good with a median AQI of 41.
| English Only | 93.2% |
| 19% above US avg | |
| Spanish | 6.8% |
| 49% below US avg |
| Median HH Income | $198,080 |
| 164% above US avg | |
| Per Capita Income | $63,599 |
| Avg Weekly Wage | $1,343 |
| IRS Avg AGI | $99,317 |
| Unemployment | 2.4% |
| 33% below US avg | |
| Poverty Rate | 0.0% |
| 100% below US avg | |
| Establishments (County) | 7,170 |
| County GDP | $20,352M |
| Restaurants | 526 |
| Healthcare | 755 |
| Retail | 710 |
| Manufacturing | 168 |
| Property Tax (IRS) | $5,766 |
| 65% above US avg | |
| Effective Tax Rate | 0.95% |
| Commute Time | 33.0 min |
| Work from Home | 20.1% |
| Census Median | $607,700 |
| 116% above US avg | |
| Zillow ZHVI | $590,379 |
| Median List Price | $645,000 |
| Median List Price | $645,000 |
| $/Sq Ft | $149 |
| Homes Sold | 1 |
| Sale-to-List Ratio | 100.0% |
| Price Drops | 0.0% |
| Inventory | 3 |
| Census Median Rent | $1,694 |
| 46% above US avg | |
| Zillow Rent (ZORI) | $2,564 |
| Studio | $1,312 |
| 1 Bedroom | $1,400 |
| 2 Bedrooms | $1,648 |
| 3 Bedrooms | $2,123 |
| 4 Bedrooms | $2,442 |
| Owner-Occupied | 96.4% |
| Avg Tax (IRS) | $5,766 |
| 65% above US avg | |
| Effective Rate | 0.95% |
| Obesity | 32.0% |
| 0% below US avg | |
| Diabetes | 8.1% |
| Heart Disease | 4.3% |
| High Blood Pressure | 28.9% |
| Asthma | 9.3% |
| COPD | 4.0% |
| Stroke | 2.2% |
| Binge Drinking | 17.7% |
| Physical Inactivity | 16.2% |
| Depression | 21.6% |
| Mental Distress | 15.0% |
| Physical Distress | 9.0% |
| Insurance Rate | 99.8% |
| Checkup Rate | 77.0% |
| Premature Death | 5,697/100K |
| Food Environment | 8.7/10 |
| Exercise Access | 90.3% |
| Healthcare Facilities | 755 |
| Fatal Crashes (County/yr) | 30 |
| Annual Average | 57.0°F |
| 6% above US avg | |
| January Average | 35°F (2°C) |
| July Average | 79°F (26°C) |
| Annual Rainfall | 43.5 inches |
| 15% above US avg |
| AQI Median | 41.0 |
| Rating | Good |
| Elevation | 490 ft (149 m) |
| Area | 1.8 sq mi (4.6 km²) |
| Population Density | 897/sq mi |
| Coordinates | 39.3914°N, 77.2734°W |
| County FIPS | 24021 |
Winner: Democrat by 8.8 points
| Bachelor's Degree+ | 69.0% |
| 105% above US avg | |
| High School+ | 100.0% |
| School Test Score | 5.85 |
| RUCC Code 1 | Metro — 1 million+ |
| Population Density | 897/sq mi |
| Total Area | 1.8 sq mi |
| EV Charging Stations | 1 |
| Alt Fuel Stations | 1 |
| Public Libraries | 11 |
| Healthcare Facilities | 755 |
| Restaurants | 526 |
| Retail Stores | 710 |
| Fatal Crashes (County/yr) | 30 |
| Avg Commute | 33.0 min |
| Work from Home | 20.1% |