HomeMarylandFrederick CountyNew Market town
New Market town, Maryland: commercial real estate data.
New Market town is a Census town of 1,603 people across 1.77 square miles of land, in Frederick County. Median household income is $202,872, 96.6 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $4.4 m.
76 sourced place values · tier FULL · 8 sections
New Market
What New Market is
- Census place typetown
- Land area1.77 sq mi
- Water area0 sq mi
- Population per square mile of land905
- County holding the largest share of its areaFrederick County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Market
How many people live in New Market
- Population1,603
- Median age36.0
- Population under 18578
- Share under 1836.1 percent plus or minus 8.9
- Population 65 and over146 plus or minus 53
- Share 65 and over9.1 percent plus or minus 2.9
- Households477
- Family households410
- Share of households that are families86.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Market
Income and work in New Market
- Median household income$202,872
- Per capita income$65,882
- Civilian labor force854 plus or minus 204
- Employed843 plus or minus 205
- Unemployed11 plus or minus 11
- Unemployment rate1.3 percent plus or minus 1.3
- Adults 25 and over889
- Adults 25 and over with a high school diploma or higher100.0 percent plus or minus 22.5
- Adults 25 and over with a bachelor degree or higher64.3 percent
- Adults 25 and over with a graduate degree35.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Market
Housing in New Market
- Housing units477
- Occupied units477
- Vacant units0
- Vacancy rate0.0 percent
- Owner occupied461
- Renter occupied16 plus or minus 19
- Ownership rate96.6 percent
- Median owner-occupied home value$639,100
- Median gross rent, monthly$2,136 plus or minus $546
- Annual rent as a share of median income12.6 percent plus or minus 3.7
- Single family units472
- Share single family99.0 percent
- Units in buildings of two or more5 plus or minus 15
- Share in buildings of two or more1.0 percent plus or minus 3.2
- Mobile homes0
- Median year structure built2005
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Market
How New Market gets to work
- Workers 16 and over who commute665 plus or minus 198
- Commuting under 15 minutes174 plus or minus 134
- Share commuting under 15 minutes26.2 percent plus or minus 18.6
- Commuting 30 minutes or more302 plus or minus 71
- Share commuting 30 minutes or more45.4 percent plus or minus 17.2
- Drove alone73.6 percent
- Carpooled2.7 percent plus or minus 1.9
- Public transport1.6 percent plus or minus 1.3
- Walked1.6 percent plus or minus 2.2
- Worked from home20.5 percent plus or minus 4.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Market
SBA 7(a) lending to New Market borrowers
- Approvals14
- Gross approval$4,425,500
- Average approval$316,107
- Median approval$150,000
- Ninetieth percentile approval$975,000
- Largest approval$1,303,000
- Jobs supported230
- Jobs per approval16.4
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises14.3 percent
- Distinct lenders8
- Distinct industries by NAICS12
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
New Market
SBA 504 lending to New Market borrowers
- Approvals1
- Gross approval$1,871,000
- Average approval$1,871,000
- Median approval$1,871,000
- Largest approval$1,871,000
- Jobs supported10
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Frederick County, not New Market
Frederick County context, not New Market figures
These are Frederick County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as New Market measurements.
- Establishments in Frederick County6,591
- Employment at those establishments, Frederick County95,077
- Covered employment, Frederick County108,438
- Average annual pay, Frederick County$69,852
- Average weekly wage, Frederick County$1,343
- Housing units permitted, Frederick County1,562
- Of those, single family, Frederick County1,185
- County product, 2024, Frederick County$20,352,215,000
- County product change over the prior year, Frederick County6.3 percent
- Average income of an arriving household, Frederick County$92,424
Every figure in this section is published for Frederick County as a whole and is not a measurement of New Market. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
New Market questions, answered from the record.
How many people live in New Market, Maryland?
1,603, in 477 households. New Market town covers 1.77 square miles of land, which is 905 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Market in?
Frederick County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in New Market?
$202,872. The median owner-occupied home is valued at $639,100. Median gross rent is $2,136 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to New Market businesses?
14 7(a) approvals totalling $4.4 m, across 8 lenders, median approval $150,000, plus 1 504 approvals worth $1.9 m. These count approvals to borrowers whose address is in New Market, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to New Market borrowers get paid back?
No rate is published for New Market. only 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page New Market figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Frederick County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of New Market.
Is zoning published for New Market?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.