Median Income
$190,750
household / year
Median Home Value
$595,600
owner-occupied
Median Rent
$1,750
gross / month
Cost of Living
109
national avg = 100

Is New Market, MD a Good Place to Live?

New Market is a small town of 1,534 in Maryland, with a median household income of $190,750 and a 3.5% unemployment rate. Its cost of living index is 109 (US average = 100), which is 9% above the national average.

Strengths: New Market stands out for solid school ratings (A), a well-educated population.

Trade-offs: Potential downsides include high home prices, longer commutes. Whether New Market is right for you depends on your priorities — the full breakdown is below.

All New Market city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 108.6

New Market's overall cost of living index is 108.6, where 100 represents the US national average. Living in New Market costs roughly 9% more than the average American city.

Metric New Market, MD National Avg
Median Home Value $595,600 $244,900
Median Monthly Rent $1,750 $1,163
Homeownership Rate 94.4% 65.9%
Median Household Income $190,750 $74,755

Crime & Safety

Very Safe

New Market's violent crime rate is 144.9 per 100,000 residents — 62% lower than the national average of ~380 per 100,000.

Violent Crime
144.9 /100k
Property Crime
601.4 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

New Market is served primarily by Frederick County Public Schools. The student-to-teacher ratio is 15.7:1 (better than the national average of ~16:1).

Metric New Market, MD National Avg
School District Frederick County Public Schools —
Elementary Schools 41 —
Middle Schools 13 —
High Schools 13 —
Student/Teacher Ratio 15.7:1 16:1
Bachelor's Degree or Higher 68.0% 35.4%
High School Diploma or Higher 100.0% 91.1%

Weather & Climate

New Market sees average highs of 43.1°F in January and 88.6°F in July, with 46.9 inches of annual precipitation and 31.4 inches of snow per year.

MetricNew Market, MD
Average High — January43.1°F
Average High — July88.6°F
Annual Precipitation46.9"
Annual Snowfall31.4"

Demographics

MetricNew Market, MDNational Avg
Population1,534—
Median Age35.538.9
Unemployment Rate3.5%3.7%
Avg Commute Time35.0 min26 min
White (non-Hispanic)82.1%59.3%
Black or African American4.9%13.6%
Hispanic or Latino5.5%18.9%
Asian2.3%6.3%
Under 1834.0%22.2%
65 and over7.0%16.8%

Nearby Cities

Linganore, MD 2 mi Monrovia, MD 2 mi Spring Ridge, MD 3 mi Bartonsville, MD 4 mi Green Valley, MD 4 mi

New Market vs Other Cities

New Market, MD vs Linganore, MD New Market, MD vs Monrovia, MD New Market, MD vs Spring Ridge, MD New Market, MD vs Bartonsville, MD New Market, MD vs Green Valley, MD

Frequently Asked Questions

New Market's cost of living index is 109, where 100 is the national average. That puts New Market roughly 9% above the national average in cost. The median home price is $595,600 and median rent is $1,750/month.
New Market's violent crime rate is 144.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 601.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in New Market are operated by Frederick County Public Schools. The district has 41 elementary, 13 middle, and 13 high schools. The student-to-teacher ratio is 15.7:1. 68.0% of adults 25+ hold a bachelor's degree or higher.
New Market, MD has a population of 1,534, a median household income of $190,750, and an unemployment rate of 3.5%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Market averages 43.1°F in January and 88.6°F in July. Annual rainfall is 46.9 inches with about 31.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of New Market, Maryland is 1,534 with a median age of 35.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Market: cost of living index 109 (100 = US average), median home $595,600, median household income $190,750, crime index 34 (100 = US average, lower is safer), schools rated A. Whether these are benefits or drawbacks depends on where you're coming from — compare New Market side by side with your current city to see the trade-offs.