New Market, TN Community Profile: Data

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New Market, Tennessee - Basic Facts

New Market is the common name for the community and surrounding area while the formal official name is the Town of New Market.

It is an incorporated place (Class Code P1) located in Jefferson County at latitude 36.104 and longitude -83.5527. Jefferson County is in the Eastern time zone (GMT -5). The elevation is 1,073 feet.

The formal boundaries for the Town of New Market (see map) encompass a land area of 4.12 sq. miles and a water area of 0 sq. miles.

Camera Icon Photos of the local New Market, TN area

Also See: New Market, TN ZIP Codes and ZIP Code Maps

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, 2014 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 # 241 44th
Population Density1 # 283 34th
Diversity Index2 # 205 53rd
Median Household Income # 166 61st
Per Capita Income # 206 52nd

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

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New Market, TN Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 1,391
Population in Households 1,385
Population in Familes 1,191
Population in Group Qrtrs 6
Population Density1 338
Diversity Index2 17
 

HOUSEHOLDS

Total Households 545
Average Household Size 2.54
Family Households 403
Average Family Size 3

HOUSING

Total Housing Units 614 (100%)
Owner Occupied HU 423 (68.9%)
Renter Occupied HU 123 (20.0%)
Vacant Housing Units 69 (11.2%)
Median Home Value $115,230
Average Home Value $164,489
 

INCOME

Median Household Income $40,224
Average Household Income $51,628
Per Capita Income $19,864
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population 0.99% 0.79%
Households 0.97% 0.76%
Families 1.2% 0.64%
Median Household Income   1.81%
Per Capita Income   2.26%
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.

Information Updates

The Demographic Data for the 1,972 Tennessee cities, towns, counties, ZIP Codes and Census Designated Places (CDPs) profiled in this gazetteer is updated annually. Last Update: July 1, 2014.

The ZIP Code maps and the data regarding the number of residential and business addresses in each ZIP Code are updated four times per year. Last Update: November 1, 2014.

The information on the 77,395 Tennessee Physical, Cultural and Historic Features is updated six times per year. Last Update: October 5, 2014.

The School Attendance Zone Maps for 1,103 Tennessee public schools are updated four times per year. Last Update: October 6, 2014.