New Market, MD

Census Place

2024 Population

1,603

US Senator

Chris Van Hollen

Democratic Party

US Senator

Angela Alsobrooks

Democratic Party

2024 Median Age

5.88% 1-year increase

2024 Poverty Rate

0.75%

15.1% 1-year decrease

2024 Median Household Income

$202,872

2.42% 1-year growth

2024 Median Property Value

Population & Diversity

New Market, MD is home to a population of 1.6k people, from which 99.7% are citizens.

As of 2024, 3.99% of New Market, MD residents were born outside of the country (64 people).

In 2024, there were 12.8 times more White (Non-Hispanic) residents (1.28k people) in New Market, MD than any other race or ethnicity. There were 100 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 83 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.7%

2024 Citizenship

99.6%

2023 Citizenship

As of 2024, 99.7% of New Market, MD residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in New Market, MD was 99.6%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in New Market, MD compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in New Market, MD

White (Non-Hispanic)
1.28k ± 276
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
100 ± 43
Black or African American (Non-Hispanic)
83 ± 51

4.8%

Hispanic Population

77 people

4.8% of the people in New Market, MD are hispanic (77 people).

The following chart shows the 8 races represented in New Market, MD as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Maryland.

Most Common Origin

El Salvador
133,677 ± 8,879 people
India
61,989 ± 6,082 people
Nigeria
50,832 ± 5,513 people

In 2024, the most common birthplace for the foreign-born residents of Maryland was El Salvador, the natal country of 133,677 Maryland residents, followed by India with 61,989 and Nigeria with 50,832.

Foreign-Born Population

3.99%

2024 Foreign-Born Population

64 people

4.47%

2023 Foreign-Born Population

71 people

As of 2024, 3.99% of New Market, MD residents (64 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in New Market, MD was 4.47%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in New Market, MD compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
28 ± 22
Vietnam
15 ± 26
Gulf War (1990s)
8 ± 17

New Market, MD has a large population of military personnel who served in Gulf War (2001-), 1.87 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in New Market, MD.

Economy

The economy of New Market, MD employs 843 people. In 2024, the largest industries in New Market, MD were Educational Services (158 people), Professional, Scientific, & Technical Services (104 people), and Public Administration (82 people), and the highest paying industries were Manufacturing ($194,375), Transportation & Warehousing, & Utilities ($182,813), and Finance & Insurance ($172,500).

Employment

Occupations

843

2024 Value

± 155

2.8%

1 Year growth

± 25.5%

From 2023 to 2024, employment in New Market, MD grew at a rate of 2.8%, from 820 employees to 843 employees.

The most common job groups, by number of people living in New Market, MD, are Education Instruction, & Library Occupations (148 people), Management Occupations (132 people), and Sales & Related Occupations (74 people). This chart illustrates the share breakdown of the primary jobs held by residents of New Market, MD.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Maryland.

This chart shows weekly unemployment insurance claims in Maryland (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

843

2024 Value

± 155

2.8%

1 Year growth

± 25.5%

From 2023 to 2024, employment in New Market, MD grew at a rate of 2.8%, from 820 employees to 843 employees.

The most common employment sectors for those who live in New Market, MD, are Educational Services (158 people), Professional, Scientific, & Technical Services (104 people), and Public Administration (82 people). This chart shows the share breakdown of the primary industries for residents of New Market, MD, though some of these residents may live in New Market, MD and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$117,375

Median earning men ± $17,713

$63,750

Median earning women ± $31,718

The industries with the best median earnings for men in 2024 are Manufacturing ($222,500), Finance & Insurance, & Real Estate & Rental & Leasing ($192,250), and Transportation & Warehousing, & Utilities ($182,813).

The industries with the best median earnings for women in 2024 are Public Administration ($139,063), Finance & Insurance, & Real Estate & Rental & Leasing ($118,125), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($91,667).

Housing & Living

The median property value in New Market, MD was $639,100 in 2024, which is 1.92 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $607,700 to $639,100, a 5.17% increase. The homeownership rate in New Market, MD is 96.6%, which is higher than the national average of 65.2%.

People in New Market, MD have an average commute time of 32.2 minutes, and they drove alone to work. Car ownership in New Market, MD is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$639,100

Median Property Value 2024

±$44,925

$461

Median Property Taxes

±$83

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In New Market, MD the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in New Market, MD compared to it's parent and neighbor geographies.

Rent vs Own

96.6%

Homeownership

2024

68.2%

Homeowners with Mortgage

2024

In 2024, 96.6% of the housing units in New Market, MD were occupied by their owner. This percentage grew from the previous year's rate of 96.4%.

This chart shows the percentage of owner in New Market, MD compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$202,872

Median Household Income

± $28,400

477

Number of Households

± 96

In 2024, the median household income of the 477 households in New Market, MD grew to $202,872 from the previous year's value of $198,080.

The following chart displays the households in New Market, MD distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for New Market, MD is from Maryland.

0.448

2024 Wage GINI in Maryland

0.451

2023 Wage GINI in Maryland

In 2024, the income inequality in Maryland was 0.448 according to the GINI calculation of the wage distribution. Income inequality had a 0.523% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Maryland was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Maryland in comparison to the national average.

This chart shows the number of workers in Maryland across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (73.6%)
Worked At Home (20.5%)
Carpooled (2.75%)

In 2024, 73.6% of workers in New Market, MD drove alone to work, followed by those who worked at home (20.5%) and those who carpooled to work (2.75%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

32.2 minutes

Average Travel Time

Using averages, employees in New Market, MD have a longer commute time (32.2 minutes) than the normal US worker (26.4 minutes). Additionally, 4.36% of the workforce in New Market, MD have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in New Market, MD compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in New Market, MD distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in New Market, MD have 2 cars.

Poverty

Poverty & Diversity

0.75% of the population for whom poverty status is determined in New Market, MD (12 out of 1.6k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 55 - 64, followed by Females 75+ and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in New Market, MD is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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