New Market town, Tennessee Demographics & Population 2026

Population Overview

New Market town is a small community located in Tennessee. The total population is 1,789. It ranks as the 236th most populous out of 504 cities and towns in Tennessee.

Age Demographics

The median age in New Market town is 41.8 years. This is 7% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in New Market town is $70,913. This is 6% higher than the state median of $67,097. Compared to the national median of $78,538, household income here is 10% lower. The poverty rate stands at 5.1%. This is 63% lower than the state poverty rate of 13.8%. The unemployment rate is 1.9%. This is 60% lower than the state rate of 4.7%. The median home value is $166,400. Housing costs are 35% lower than the state median of $256,800. With a home-value-to-income ratio of just 2.3x, New Market town is one of the most affordable housing markets in the area. 74.6% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 67.0%.

Race & Ethnicity

New Market town has a predominantly White (non-Hispanic) population, comprising 88.4% of all residents. Hispanic or Latino residents account for 6.0%. The Black or African American population (1.3%) is well below the state average of 15.7%. The Asian population (0.1%) is well below the state average of 1.8%.

Education

25.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 16% lower than the state rate of 30.4%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.2%.

Data Sources & Methodology

All demographic data for New Market town, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 504 Census-designated places in Tennessee. For official data, visit data.census.gov.