New Market, MD
Full City Profile · Maryland · Frederick County County
4.0
/5.0
A
Great
1,588
Population
897/sq mi density
$198,080
Median Income
$63,599 per capita
$607,700
Home Value
$590,379 Zillow
$1,694
Median Rent
23.5% income on rent
57°F
Avg Temperature
293 sunny days/yr
430
Violent Crime/100K
2,314 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$198,080 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$607,700 home value, $1,694/mo rent
F
Safety
1.0 / 5.0
430 violent crimes/100K (13% above avg)
A+
Education
5.0 / 5.0
69.0% bachelor's degree or higher
Income Overview
Median Household Income
$198,080
164% above
US avg: $75,149
Per Capita Income
$63,599
63% above
US avg: $39,052
Unemployment Rate
2.4%
33% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: New Market vs. U.S. Average
Each bar shows New Market’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$198,080
264%
Per Capita
US: $39,052
$63,599
163%
IRS Avg AGI
US: $72,000
$99,317
138%
Avg Weekly Wage
US: $1,432
$1,343
94%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,343
6% below US avg ($1,432)
Mean Commute Time
33 min
20% above US avg (28 min)
Work From Home
20.1%
32% above US avg (15.2%)
Drive Alone
76.3%
4% above US avg (73.2%)
Public Transit
1.4%
73% below US avg (5.0%)
County GDP
$20,352M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
76.3%
Public Transit
1.4%
Work From Home
20.1%
Other
2.2%
Average commute time
33 minutes
US avg: 28 min
Business Landscape
Total Establishments
7,170
Restaurants
526
Healthcare
755
Retail
710
Manufacturing
168
Tax & Financial
IRS Avg Adjusted Gross Income
$99,317
38% above US avg ($72,000)
Avg Property Tax
$5,766
65% above US avg ($3,500)
Cost of Living Index
105.0
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $198,080 |
| Per Capita Income | $63,599 |
| IRS Avg Adjusted Gross Income | $99,317 |
| Avg Weekly Wage | $1,343 |
| County GDP | $20,352M |
Hardship Indicators
| Unemployment Rate | 2.4% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.396 |
| Cost of Living Index | 105.0 |
Commute
| Mean Commute | 33 minutes |
| Drive Alone | 76.3% |
| Public Transit | 1.4% |
| Work From Home | 20.1% |
Businesses
| Total Establishments | 7,170 |
| Restaurants | 526 |
| Healthcare | 755 |
| Retail | 710 |
| Manufacturing | 168 |
Tax
| IRS Avg AGI | $99,317 |
| Avg Property Tax | $5,766 |
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