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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
Change Over Time (2013–2023)
Population Change
+132.7%
689 → 1,603
over 10 years
Annual Pop. Growth
+8.81%
Compound annual growth rate
Median Income Change
+108.5%
$95,000 → $198,080
nominal, not inflation-adjusted
Annual Income Growth
+7.62%
Compound annual growth rate
Population Over Time
Total population for New Market across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
2,895
+1,292 from 2023 (1,603)
Projected Median Income 2030
$331,201
+$133,121 from 2023 ($198,080)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 689 | — | $95,000 | — |
| 2015 | 692 | +0.4% | $112,222 | +18.1% |
| 2017 | 710 | +2.6% | $114,583 | +2.1% |
| 2019 | 741 | +4.4% | $146,964 | +28.3% |
| 2021 | 1,581 | +113.4% | $175,982 | +19.7% |
| 2023 | 1,603 | +1.4% | $198,080 | +12.6% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.