Population 8,512 · Census ACS 2020–24
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Population and households in New Market
Household size in New Market
| Period | New Market | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 2.35 | 2.53 | 2.68 |
| 2010–14 | 2.68 | 2.57 | 2.73 |
| 2015–19 | 2.61 | 2.57 | 2.71 |
| 2020–24 | 2.68 | 2.53 | 2.65 |
| Change | +0.33 | +0.00 | −0.03 |
At 2.68 people per household, New Market sits close to the national average of 2.65. The typical household here is bigger than in Tennessee as a whole, where it has 2.53 people. Since 2006–10, household size has climbed from 2.35, even as the national average fell.
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 | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 45.0 | 38.3 | 37.7 |
| 2010–14 | 41.3 | 39.2 | 38.6 |
| 2015–19 | 44.7 | 39.9 | 39.6 |
| 2020–24 | 43.6 | 39.9 | 40.1 |
| Change | −1.4 | +1.6 | +2.3 |
New Market skews older than the country: its median age is 43.6, against 40.1 nationally. Since 2006–10, the median age has dropped from 45.0, even as the national median rose.
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 | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 9.3% | 12.2% | 12.3% |
| 2010–14 | 11.9% | 12.0% | 12.3% |
| 2015–19 | 10.2% | 11.6% | 11.6% |
| 2020–24 | 8.4% | 11.8% | 11.6% |
| Change | −0.9 pts | −0.4 pts | −0.6 pts |
Single parents head only 8.4% of households in New Market, well below the national share of 11.6%. The single-parent share has edged down 0.9 points since 2006–10, mirroring the country.
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 | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 23.3% | 30.4% | 33.3% |
| 2010–14 | 25.4% | 32.9% | 35.6% |
| 2015–19 | 17.1% | 33.7% | 36.0% |
| 2020–24 | 19.7% | 33.1% | 34.8% |
| Change | −3.6 pts | +2.6 pts | +1.5 pts |
Only 19.7% 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. About half of owners (48.6%) have paid off their mortgages, above the national share of 39.8%. Renting is most common in the northeast and least common in the southeast. The renter share has fallen 3.6 points since 2006–10, even as the national share rose.
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 | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 13.6% | 11.5% | 11.4% |
| 2010–14 | 15.0% | 11.8% | 11.4% |
| 2015–19 | 11.6% | 11.8% | 11.1% |
| 2020–24 | 9.1% | 10.1% | 9.6% |
| Change | −4.5 pts | −1.4 pts | −1.8 pts |
About as many homes sit empty in New Market as nationally: 9.1%, against 9.6%. Since 2006–10, vacancy has fallen 4.5 points, in line with the national trend.
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 | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 1986 | 1981 | 1974 |
| 2010–14 | 1986 | 1982 | 1975 |
| 2015–19 | 1989 | 1983 | 1977 |
| 2020–24 | 1989 | 1986 | 1980 |
| Change | +4 | +6 | +6 |
New Market has newer housing than the country as a whole: the median home was built in 1989, versus 1980 nationally. The median year built has moved up from 1986 in 2006–10, a sign of steady new building. The newest homes are mostly in the south, the oldest in the northeast.
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 | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | $600 | $761 | $965 |
| 2010–14 | $642 | $837 | $1,040 |
| 2015–19 | $692 | $961 | $1,213 |
| 2020–24 | $879 | $1,286 | $1,571 |
| Change | +$279 | +$526 | +$606 |
Rent in New Market runs $879 a month at the median, utilities included, well below the U.S. median of $1,571. Rent has climbed $279 a month since 2006–10, up 47%, a slower climb than the nation's. Rent takes 19.2% 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 | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 12.7% | 23.9% | 28.4% |
| 2010–14 | 16.9% | 25.3% | 29.6% |
| 2015–19 | 16.1% | 27.9% | 32.1% |
| 2020–24 | 18.2% | 31.4% | 35.6% |
| Change | +5.6 pts | +7.5 pts | +7.2 pts |
Fewer adults in New Market have a four-year degree than in the country as a whole: 18.2%, against 35.6% nationally. Since 2006–10, the share with a degree has risen 5.6 points, in line with the national trend. College graduates are most concentrated in the east and least in the southwest.
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 | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 75.5% | 83.3% | 84.9% |
| 2010–14 | 79.0% | 85.4% | 86.1% |
| 2015–19 | 87.1% | 87.6% | 87.7% |
| 2020–24 | 91.1% | 89.9% | 89.3% |
| Change | +15.6 pts | +6.6 pts | +4.3 pts |
About nine in ten adults in New Market have finished high school (91.1%), a bit above the national rate of 89.3%. That is in line with the rest of Tennessee. The share with a diploma is up 15.6 points from 2006–10, a much bigger shift than nationally.
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 | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 7.5% | 8.6% | 8.1% |
| 2010–14 | 9.7% | 9.6% | 9.4% |
| 2015–19 | 4.1% | 5.4% | 5.6% |
| 2020–24 | 3.0% | 4.8% | 5.4% |
| Change | −4.5 pts | −3.8 pts | −2.7 pts |
Unemployment in New Market has been low: just 3.0% of the labor force was out of work and looking, well below the national rate of 5.4%. Unemployment has fallen 4.5 points since 2006–10, in line with the national trend. 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 | 2.68 | 43.6 | 8.4% | 19.7% | 9.1% | 1989 | $879 | 18.2% | 91.1% | 3.0% |
| Friends Station | 2.75 | 41.0 | 12.7% | 24.6% | 7.0% | 1985 | $763 | 14.1% | 88.0% | 2.4% |
| Jefferson City | 2.44 | 38.3 | 12.1% | 35.4% | 9.6% | 1982 | $921 | 24.3% | 91.2% | 5.1% |
| Mill Spring | 2.58 | 40.7 | 14.1% | 26.2% | 9.5% | 1980 | $879 | 12.0% | 89.1% | 3.6% |
| Perrin Hollow | 2.53 | 43.0 | 11.4% | 21.0% | 13.9% | 1984 | $937 | 17.1% | 93.1% | 1.9% |
| Fairview Heights | 2.49 | 45.1 | 4.3% | 32.1% | 14.5% | 1996 | $1,166 | 12.2% | 79.8% | 2.8% |
| Strawberry Plains | 2.74 | 40.9 | 10.2% | 23.8% | 8.4% | 1988 | $847 | 18.5% | 86.8% | 1.7% |
| Richland | 2.46 | 47.2 | 8.9% | 18.6% | 17.1% | 1993 | $924 | 17.7% | 94.7% | 2.8% |
| Kodak | 2.76 | 41.7 | 15.3% | 27.3% | 7.5% | 1995 | $1,078 | 17.0% | 86.9% | 4.6% |
| Blaine | 2.91 | 41.2 | 11.5% | 20.7% | 9.0% | 1996 | $979 | 20.3% | 93.6% | 5.5% |
| Dandridge | 2.51 | 49.4 | 9.7% | 21.1% | 19.6% | 1992 | $1,005 | 21.5% | 89.9% | 5.8% |
All figures 2020–24.
Cities with similar populations: Country Club Estates, GA · Crystal City, TX · Crosswicks, NJ · Cross City, FL · Crookston, MN · Crockett, TX · Crete, NE · Crestwood Village, NJ · Creston, IA · Cowpens, SC
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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