New Market is a very small town located in the state of Maryland. With a population of 1,614 people and four associated neighborhoods, New Market is the 212th largest community in Maryland. There's nothing like the smell of a brand new house, and in New Market, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to New Market, and putting down their money on brand new construction. New Market’s real estate is, on average, some of the newest in the nation. New Market does seem to be experiencing an influx of affluent people, because the median household income is $190,750.00.

New Market home prices are not only among the most expensive in Maryland, but New Market real estate also consistently ranks among the most expensive in America.

Also of interest is that New Market has more people living here who work in computers and math than 95% of the places in the US.

Of important note, New Market is also a town of artists. New Market has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape New Market’s character.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 19.95% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, New Market is a great place for families with children to consider. First of all, many other families with children live here, making New Market a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, New Market has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, New Market’s overall crime rate is lower than average for the country.

In New Market, however, the average commute to work is quite long. On average, people spend 34.07 minutes each day getting to work, which is significantly higher than the national average.

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in New Market. 67.97% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

The per capita income in New Market in 2018 was $65,068, which is wealthy relative to Maryland and the nation. This equates to an annual income of $260,272 for a family of four.

New Market is a somewhat ethnically-diverse town. The people who call New Market home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Market residents report their race to be White, followed by Black or African-American. Important ancestries of people in New Market include Irish, German, Italian, English, and Norwegian.

The most common language spoken in New Market is English. Other important languages spoken here include Polish and Spanish.