New Market

Population: 1,588
Median household income: $198,080
Median home value: $607,700

New Market is a community in Frederick County, Maryland, home to 1,588 residents. The median household income of $198,080 is above the Frederick County median ($120,458).

From 2019 to 2023, New Market's population grew 2.4% from 1,551 to 1,588, while its median home value rose 35.2% from $449,400 to $607,700.

0.9% of residents live below the poverty line. Households average 3.39 people.

Demographics

ACS 2019–2023

Population: 1,588
Median age: 34.0 yrs
Median household income: $198,080
Median home value: $607,700
Median gross rent: $1,694
Housing units: 478
Homeownership rate: 96.4%
Bachelor's degree or higher: 69.0%
Unemployment rate: 3.0%

Trends

ACS 5-year · 2019–2023

Population

1,5511,588

Median household income

$146,964$198,080

Median home value

$449,400$607,700

Median gross rent

$1,795$1,694

Year	Population	Median household income	Median home value	Median gross rent
2019	1,551	$146,964	$449,400	$1,795
2020	1,527	$153,472	$467,400	$1,690
2021	1,598	$175,982	$508,200	$1,656
2022	1,534	$190,750	$595,600	$1,750
2023	1,588	$198,080	$607,700	$1,694

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.0%

5 to 1730.0%

18 to 249.0%

25 to 345.5%

35 to 4419.6%

45 to 5417.0%

55 to 645.8%

65 to 744.3%

75 and over2.8%

	Count	Share
Under 5	95	6.0%
5 to 17	476	30.0%
18 to 24	143	9.0%
25 to 34	88	5.5%
35 to 44	311	19.6%
45 to 54	270	17.0%
55 to 64	92	5.8%
65 to 74	69	4.3%
75 and over	44	2.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,286	81.0%
Black or African American	77	4.8%
American Indian & Alaska Native	0	0.0%
Asian	37	2.3%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	105	6.6%
Hispanic or Latino (any race)	83	5.2%

Educational attainment (age 25+)

No high school diploma0.0%

High school graduate10.6%

Some college or associate's20.4%

Bachelor's degree35.8%

Graduate or professional degree33.2%

	Count	Share
No high school diploma	0	0.0%
High school graduate	93	10.6%
Some college or associate's	178	20.4%
Bachelor's degree	313	35.8%
Graduate or professional degree	290	33.2%

Commute to work

Mean travel time to work: 33 min

Drove alone76.3%

Carpooled2.2%

Public transit1.4%

Walked0.0%

Bicycle0.0%

Worked from home20.1%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	621	76.3%
Carpooled	18	2.2%
Public transit	11	1.4%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	164	20.1%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	157	24.2%
15 to 29 min	172	26.5%
30 to 44 min	88	13.5%
45 to 59 min	120	18.5%
60+ min	113	17.4%

Households

Average household size: 3.39
Poverty rate: 0.9% (14 of 1,584)

	Count	Share
Family households	401	85.5%
Nonfamily households	68	14.5%

Housing

Median year structure built: 2006

Occupancy

	Count	Share
Occupied	469	98.1%
Vacant	9	1.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	452	96.4%
Renter-occupied	17	3.6%

1-unit, detached87.0%

1-unit, attached10.0%

2 to 4 units2.9%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	416	87.0%
1-unit, attached	48	10.0%
2 to 4 units	14	2.9%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2455650
Type (LSAD): 43
Land area: 1.77 sq mi
Water area: 0 sq mi
Center point: 39.3914, -77.2734