New Market, MD

Comprehensive Demographic, Economic, and Housing Data Profile

Living in New Market, MD: Quick Facts & Overview

  • Population: 1,603 residents (349 people per sq. mi.)
  • Average House Price: $628,215
  • Average Household Income: $202,872

New Market, MD is located in the state of Maryland. It is home to about 1,603 people, with around 349 residents living in every square mile.

If you want to buy a house in New Market, the average price is around $628,215. That makes local housing 39% higher than the Maryland average of $450,580, and 104% higher than the national average of $308,592.

The average household in New Market earns about $202,872 a year. This income is 78% higher than the average family in Maryland ($114,054), and 158% higher than the national average ($78,686).

Population 1,603
Median Household Income $202,872
Median Home Value $628,215
Median Age 36.0 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$81,538
Labor Force Participation79.2%
Unemployment Rate1.3%
Average Commute Time32.2 mins

Housing & Community Metrics

Home Ownership Rate96.6%
Median Rent$2,136
Rent Burdened (>30% Income)50.2%
Total Housing Units477

Additional Census & Housing Profile

Geographic Overview

CountyFrederick
County FIPS24021
Metro Area (CBSA)Washington-Arlington-Alexandria, DC-VA-MD-WV
Combined Area (CSA)Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
Population Density349.4/sq mi
Coordinates (lat/lng)39.3889, -77.2789
TimezoneAmerica/New_York
National Ranking3
IncorporatedYes

Household Structure

Average Family Size3.66
Dual Income Families73.2%

Marital Status

Married65.4%
Never Married24.1%
Divorced8.7%
Widowed1.9%

Gender

Male52.4%
Female47.6%

Health & Poverty

Uninsured Rate (Health)-
Poverty Rate0.8%

Key Population Groups

Veterans5.4%
Disabled Population5.4%
Limited English Proficiency-

All ZIP Codes in New Market

ZIP Code Population Median Household Income Median Home Value
21774 17,134 $171,103 $542,000
21770 8,751 $183,571 $632,695

Nearby Cities

City Distance Population
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