New Market vs Waveland

A side-by-side comparison of New Market and Waveland: population, income, housing, and more.

New Market and Waveland are places in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

New Market has the higher population (544 vs 431 in Waveland). New Market has the higher median household income ($72,917 vs $60,956 in Waveland). New Market has the higher median home value ($136,900 vs $96,800 in Waveland).

Population, income & housing

	New Market	Waveland
Population	544	431
Median age	43.2 yrs	27.2 yrs
Median household income	$72,917	$60,956
Median home value	$136,900	$96,800
Median gross rent	$964	$920
Housing units	244	185
Homeownership rate	79.8%	84.6%
Bachelor's degree or higher	11.1%	12.3%
Unemployment rate	2.1%	5.3%

Trends (ACS 5-year, 2019–2023)

	New Market	Waveland
Population	599 → 544 (-9.2%)	522 → 431 (-17.4%)
Median household income	$58,984 → $72,917 (+23.6%)	$52,788 → $60,956 (+15.5%)
Median home value	$92,300 → $136,900 (+48.3%)	$74,600 → $96,800 (+29.8%)
Median gross rent	$867 → $964 (+11.2%)	$842 → $920 (+9.3%)

New Market

Population

599544

Median household income

$58,984$72,917

Median home value

$92,300$136,900

Median gross rent

$867$964

Waveland

Population

522431

Median household income

$52,788$60,956

Median home value

$74,600$96,800

Median gross rent

$842$920

Age & race/ethnicity

Age distribution (share)

	New Market	Waveland
Under 5	1.3%	13.9%
5 to 17	18.2%	26.0%
18 to 24	7.7%	9.3%
25 to 34	15.1%	13.5%
35 to 44	9.9%	9.3%
45 to 54	10.7%	12.1%
55 to 64	11.2%	1.4%
65 to 74	17.5%	7.2%
75 and over	8.5%	7.4%

Race & ethnicity (share)

	New Market	Waveland
White (non-Hispanic)	96.9%	97.2%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	1.5%	2.6%
Hispanic or Latino	1.7%	0.2%

Educational attainment (age 25+)

Share of adults 25+

	New Market	Waveland
No high school diploma	7.6%	8.7%
High school graduate	53.5%	45.2%
Some college or associate's	27.8%	33.8%
Bachelor's degree	10.1%	7.8%
Graduate or professional degree	1.0%	4.6%

Commute to work

How workers get to work (share)

	New Market	Waveland
Drove alone	87.5%	84.0%
Carpooled	8.1%	13.1%
Public transit	0.0%	1.1%
Walked	0.0%	0.0%
Bicycle	0.0%	0.0%
Worked from home	4.4%	1.7%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	New Market	Waveland
1-unit, detached	88.1%	92.4%
1-unit, attached	0.0%	0.0%
2 to 4 units	8.6%	5.4%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	3.3%	2.2%

Poverty & households

	New Market	Waveland
Poverty rate	2.8%	15.8%
Average household size	2.44	2.89
Mean commute (minutes)	21	29
Median year structure built	1956	1938