New Market, TN Profile: Facts, Map & Data

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New Market, Tennessee - Basic Facts

The Town of New Market had a population of 1,382 as of July 1, 2015.

The primary coordinate point for New Market is located at latitude 36.0953 and longitude -83.5571 in Jefferson County. The formal boundaries for the Town of New Market (see map below) encompass a land area of 4.11 sq. miles and a water area of 0 sq. miles. Jefferson County is in the Eastern time zone (GMT -5). The elevation is 1,073 feet.

The Town of New Market (GNIS ID: 2406979) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Beneath the boundary map are tables with New Market population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2015.

Town of New Market, TN Boundary Map

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Boundary Maps: Commissioner District 7 | Jefferson County | Tennessee Counties

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New Market, TN Data & Demographics (As of July 1, 2015)

POPULATION

Total Population 1,382
Population in Households 1,377
Population in Familes 1,184
Population in Group Qrtrs 5
Population Density1 336
Diversity Index2 17
 

HOUSEHOLDS

Total Households 541
Average Household Size 2.55
Family Households 401
Average Family Size 3

HOUSING

Total Housing Units 611 (100%)
Owner Occupied HU 417 (68.2%)
Renter Occupied HU 124 (20.3%)
Vacant Housing Units 70 (11.5%)
Median Home Value $123,786
Average Home Value $151,322
 

INCOME

Median Household Income $42,853
Average Household Income $54,666
Per Capita Income $20,966
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.68% 0.7%
Households 0.65% 0.69%
Families 0.88% 0.59%
Median Household Income   3.21%
Per Capita Income   3.02%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

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New Market, TN - Peer Comparisons by Rank and Percentile

The table below compares New Market to the other 428 incorporated cities, towns and CDPs in Tennessee by rank and percentile using July 1, 2015 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 247 43rd
Population Density1 # 287 33rd
Diversity Index2 # 216 50th
Median Household Income # 147 66th
Per Capita Income # 182 58th

Additional comparisons and rankings can be made with a VERY EASY TO USE Tennessee Census Data Comparison Tool.