New Market, TN
Full City Profile · Tennessee · Jefferson County County
3.4
/5.0
B
Good
1,789
Population
423/sq mi density
$70,913
Median Income
$30,033 per capita
$166,400
Home Value
$309,463 Zillow
$946
Median Rent
14.2% income on rent
54°F
Avg Temperature
299 sunny days/yr
73
Violent Crime/100K
583 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$70,913 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$166,400 home value, $946/mo rent
F
Safety
1.0 / 5.0
73 violent crimes/100K
B
Education
3.0 / 5.0
25.5% bachelor's degree or higher
Income Overview
Median Household Income
$70,913
6% below
US avg: $75,149
Per Capita Income
$30,033
23% below
US avg: $39,052
Unemployment Rate
1.2%
67% below
US avg: 3.6%
Poverty Rate
4.4%
65% 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
$70,913
94%
Per Capita
US: $39,052
$30,033
77%
IRS Avg AGI
US: $72,000
$68,662
95%
Avg Weekly Wage
US: $1,432
$1,071
75%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,071
25% below US avg ($1,432)
Mean Commute Time
25 min
8% below US avg (28 min)
Work From Home
3.2%
79% below US avg (15.2%)
Drive Alone
73.1%
0% below US avg (73.2%)
Public Transit
4.8%
4% below US avg (5.0%)
County GDP
$2,446M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
73.1%
Public Transit
4.8%
Work From Home
3.2%
Other
18.9%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,038
Restaurants
81
Healthcare
79
Retail
140
Manufacturing
35
Tax & Financial
IRS Avg Adjusted Gross Income
$68,662
5% below US avg ($72,000)
Avg Property Tax
$3,142
10% below US avg ($3,500)
Cost of Living Index
91.9
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $70,913 |
| Per Capita Income | $30,033 |
| IRS Avg Adjusted Gross Income | $68,662 |
| Avg Weekly Wage | $1,071 |
| County GDP | $2,446M |
Hardship Indicators
| Unemployment Rate | 1.2% |
| Poverty Rate | 4.4% |
| Gini Coefficient | 0.439 |
| Cost of Living Index | 91.9 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 73.1% |
| Public Transit | 4.8% |
| Work From Home | 3.2% |
Businesses
| Total Establishments | 1,038 |
| Restaurants | 81 |
| Healthcare | 79 |
| Retail | 140 |
| Manufacturing | 35 |
Tax
| IRS Avg AGI | $68,662 |
| Avg Property Tax | $3,142 |
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