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According to statistics, the population in New Market, TN amounts to 1,442, which shows decline -5% compared to the previous year. The median age of the city’s residents is 43. The average household income is $52,684, shifting decline -1% from the past year, and the average property value in New Market, TN growth 3% to $115,300 throughout the year.
Population | 1,442 |
Median Age | 42.9 |
Poverty Rate | 22% |
Household Income | $52,684 |
Number Of Employees | 643 |
Median Property Value | $115,300 |
The average household income in New Market, TN declined from $53,352 to $52,684 in the past year. This data is an estimate based upon 551 households in New Market, TN . The chart below presents how household income is distributed in New Market, TN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in New Market, TN shifted from $111,500 to $115,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in New Market, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of New Market, TN properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Market, TN compared to median property taxes around the country. The prevalent amount of property taxes in New Market, TN equals $800, which is less than the national average.
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