HomeTennesseeJefferson CountyNew Market town
New Market town, Tennessee: commercial real estate data.
New Market town is a Census town of 1,619 people across 4.23 square miles of land, in Jefferson County. Median household income is $72,321, 75.5 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $829,300.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
New Market
What New Market is
- Census place typetown
- Land area4.23 sq mi
- Water area0 sq mi
- Population per square mile of land382 plus or minus 101
- County holding the largest share of its areaJefferson 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
- Population1,619 plus or minus 426
- Median age41.8
- Population under 18382 plus or minus 134
- Share under 1823.6 percent plus or minus 5.5
- Population 65 and over277 plus or minus 61
- Share 65 and over17.1 percent plus or minus 5.9
- Households580 plus or minus 121
- Family households431 plus or minus 115
- Share of households that are families74.3 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$72,321
- Per capita income$31,094
- Civilian labor force861 plus or minus 241
- Employed832 plus or minus 237
- Unemployed29 plus or minus 22
- Unemployment rate3.4 percent plus or minus 2.4
- Adults 25 and over1,104 plus or minus 254
- Adults 25 and over with a high school diploma or higher94.8 percent
- Adults 25 and over with a bachelor degree or higher27.4 percent plus or minus 17.1
- Adults 25 and over with a graduate degree4.5 percent plus or minus 2.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Market
Housing in New Market
- Housing units619 plus or minus 131
- Occupied units580 plus or minus 121
- Vacant units39 plus or minus 33
- Vacancy rate6.3 percent plus or minus 5.2
- Owner occupied438
- Renter occupied142 plus or minus 89
- Ownership rate75.5 percent plus or minus 21.3
- Median owner-occupied home value$180,400
- Median gross rent, monthly$943
- Annual rent as a share of median income15.6 percent
- Single family units544 plus or minus 128
- Share single family87.9 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes75 plus or minus 35
- Median year structure built1973
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 commute797 plus or minus 235
- Commuting under 15 minutes284 plus or minus 150
- Share commuting under 15 minutes35.6 percent plus or minus 15.6
- Commuting 30 minutes or more323 plus or minus 118
- Share commuting 30 minutes or more40.5 percent plus or minus 8.7
- Drove alone72.4 percent plus or minus 26.4
- Carpooled8.1 percent plus or minus 6.8
- Public transport5.6 percent plus or minus 8.9
- Walked9.7 percent plus or minus 14.2
- Worked from home4.2 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Market
SBA loans in New Market (7(a))
- Approvals4
- Gross approval$829,300
- Average approval$207,325
- Median approval$104,300
- Ninetieth percentile approval$525,000
- Largest approval$525,000
- Jobs supported19
- Jobs per approval4.8
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 1 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.
Jefferson County, not New Market
Jefferson County context, not New Market figures
These are Jefferson 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 Jefferson County771
- Employment at those establishments, Jefferson County11,709
- Covered employment, Jefferson County14,061
- Average annual pay, Jefferson County$55,672
- Average weekly wage, Jefferson County$1,071
- Housing units permitted, Jefferson County254
- Of those, single family, Jefferson County244
- County product, 2024, Jefferson County$2,445,587,000
- County product change over the prior year, Jefferson County8.4 percent
- Average income of an arriving household, Jefferson County$65,059
Every figure in this section is published for Jefferson 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, Tennessee?
1,619, in 580 households. New Market town covers 4.23 square miles of land, which is 382 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?
Jefferson 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?
$72,321. The median owner-occupied home is valued at $180,400. Median gross rent is $943 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?
4 7(a) approvals totalling $829,300, across 3 lenders, median approval $104,300. 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 1 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 Jefferson 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.
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