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New Market, TN
Full City Profile · Tennessee · Jefferson County County
New Market, TN
At a Glance
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)
Is New Market a Good Place to Live?
Economy & Jobs
New Market residents earn a median household income of $70,913 , which is 6% below the national average of $75,149. Per capita income is $30,033. The unemployment rate stands at 1.2% (67% below the U.S. rate of 3.6%). 4.4% of residents live below the poverty line. The area is home to 1,038 business establishments, including 81 restaurants.
Housing & Cost of Living
The median home value in New Market is $166,400 , 41% below the national median of $281,900. Zillow estimates the typical home at $309,463. Median rent is $946/month, with 14.2% of renters spending more than 30% of income on housing. The cost of living index is 91.9 (100 = national average). The median home was built in 1975.
Safety & Crime
New Market reports 73 violent crimes per 100,000 residents , which is 81% below the national average of 380/100K. Property crime is 583/100K. The murder rate is 0.0/100K.
Education
25.5% of adults in New Market hold a bachelor's degree or higher (24% below the national average). 88.2% have completed high school. Local schools score 4.7/10 in standardized testing.
Climate & Weather
New Market has an average annual temperature of 54°F (12°C). Winters average 33°F in January while summers reach 74°F in July. The area gets 299 sunny days per year. Annual precipitation totals 54.7 inches. Air quality is rated Good with a median AQI of 40.