Population 382 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in New Market
Household size in New Market
| Period | New Market | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.99 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 3.00 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 3.26 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.93 | 2.58 | 2.52 | 2.65 |
| Change | −0.06 | −0.00 | +0.00 | −0.03 |
New Market is a place of big households: 2.93 people per home on average, compared with 2.65 nationally. Numbers like that usually point to plenty of families with kids.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in New Market
| Period | New Market | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 31.6 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 34.0 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 32.9 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 39.1 | 39.2 | 40.0 | 40.1 |
| Change | +7.5 | +2.5 | +2.1 | +2.3 |
At 39.1, the median age in New Market is close to the national median of 40.1, so its age mix looks much like the country's. Since 2006–10, the median age has climbed from 31.6, but in a place this small, survey estimates can swing a lot from one release to the next.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in New Market
| Period | New Market | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.3% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 6.8% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 4.5% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 5.5% | 9.8% | 9.6% | 11.6% |
| Change | +1.2 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single parents head only 5.5% of households in New Market, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in New Market
Renters in New Market
| Period | New Market | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 3.6% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 11.7% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 4.0% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 7.1% | 29.3% | 27.8% | 34.8% |
| Change | +3.5 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Only 7.1% of households in New Market rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Just over a quarter of owners (25.8%) have paid off their mortgages, well below the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in New Market
| Period | New Market | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.7% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 5.6% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 2.5% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 8.3% | 5.7% | 8.3% | 9.6% |
| Change | +0.5 pts | −1.3 pts | −0.9 pts | −1.8 pts |
About as many homes sit empty in New Market as nationally: 8.3%, against 9.6%. The rate is higher than in the Minneapolis area as a whole (5.7%).
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in New Market
| Period | New Market | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1996 | 1975 | 1973 | 1974 |
| 2010–14 | 1997 | 1976 | 1974 | 1975 |
| 2015–19 | 2002 | 1977 | 1975 | 1977 |
| 2020–24 | 1992 | 1980 | 1978 | 1980 |
| Change | −4 | +4 | +5 | +6 |
New Market has newer housing than the country as a whole: the median home was built in 1992, versus 1980 nationally.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in New Market
| Period | New Market | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,292 | $1,007 | $882 | $965 |
| 2010–14 | $1,220 | $1,077 | $953 | $1,040 |
| 2015–19 | $886 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $2,200 | $1,603 | $1,404 | $1,571 |
| Change | +$908 | +$597 | +$522 | +$606 |
A typical rental in New Market costs $2,200 a month with utilities, well above the national median of $1,571. Rent takes 23.0% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in New Market
Bachelor's degrees in New Market
| Period | New Market | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 32.1% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 40.7% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 45.7% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 49.3% | 45.4% | 39.6% | 35.6% |
| Change | +17.1 pts | +8.1 pts | +7.4 pts | +7.2 pts |
College graduates are unusually common in New Market: 49.3% of adults 25 and older have a bachelor's degree or higher, against 35.6% nationally. Education tends to track local incomes and the kinds of jobs nearby.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in New Market
| Period | New Market | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 95.5% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 99.6% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 97.5% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 96.8% | 94.0% | 93.7% | 89.3% |
| Change | +1.3 pts | +1.6 pts | +2.3 pts | +4.3 pts |
High school completion is high in New Market: 96.8% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in New Market
| Period | New Market | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.7% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 3.7% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 1.6% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 1.6% | 4.0% | 4.1% | 5.4% |
| Change | −3.2 pts | −2.7 pts | −2.4 pts | −2.7 pts |
Unemployment in New Market has been low: just 1.6% of the labor force was out of work and looking, well below the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
New Market compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| New Market | 2.93 | 39.1 | 5.5% | 7.1% | 8.3% | 1992 | $2,200 | 49.3% | 96.8% | 1.6% |
| Elko New Market | 3.18 | 34.0 | 7.4% | 3.6% | 7.5% | 2004 | $2,196 | 42.4% | 95.5% | 0.2% |
| Elko | 2.92 | 44.7 | 3.6% | 3.3% | 4.8% | 1983 | $1,821 | 40.7% | 98.6% | 3.0% |
| Webster | 3.02 | 41.7 | 3.9% | 1.2% | 8.7% | 1987 | $1,295 | 33.7% | 95.4% | 4.2% |
| Veseli | 2.66 | 42.7 | 2.8% | 6.2% | 6.3% | 1979 | $924 | 26.1% | 96.4% | 3.2% |
| Little Chicago | 3.05 | 40.8 | 4.6% | 1.5% | 10.2% | 1986 | $1,224 | 32.8% | 94.9% | 3.3% |
| Lonsdale | 2.89 | 34.5 | 9.5% | 8.4% | 5.4% | 1990 | $906 | 25.9% | 96.6% | 2.3% |
| Lydia | 2.58 | 52.0 | 3.3% | 3.3% | 3.5% | 1988 | $1,294 | 37.5% | 98.6% | 2.2% |
| Millersburg | 2.98 | 41.8 | 3.8% | 9.6% | 19.3% | 1980 | $1,051 | 39.2% | 99.6% | 4.7% |
| Lakeville | 2.93 | 37.6 | 8.0% | 12.4% | 4.1% | 2002 | $2,020 | 53.8% | 97.0% | 2.2% |
| Castle Rock | 2.77 | 42.1 | 8.0% | 6.7% | 4.6% | 1980 | $1,374 | 30.1% | 97.4% | 1.3% |
All figures 2020–24.
Cities with similar populations: View, TX · Crown Point Center, NY · Dallas, SD · Davenport, ND · Davilla, TX · Dawson, ND · Usibelli, AK · Valerie, CA · Valley Head, WV · Valverda, LA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up New Market. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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