HomeTennesseeJefferson CountyNew Market
New Market, Tennessee: commercial real estate data.
New Market 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 since FY2020.
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$102,150
- 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
Counted by borrower city: approvals to borrowers whose address is in New Market, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
New Market
Flood risk in New Market
- NFIP communityTown of New Market
- NFIP community number470385
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/16/08(M)
The Town of New Market participates in the National Flood Insurance Program as community 470385 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Jefferson County, not New Market
Jefferson County context, not New Market figures
- Establishments in Jefferson County771
- Covered employment, Jefferson County14,061
- Average annual pay, Jefferson County$55,672
- Housing units permitted, Jefferson County254
Every figure in this section is published for Jefferson County as a whole and is not a measurement of New Market.
All Jefferson County figures →
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $829,300 since FY2020, across 3 lenders, median approval $102,150. 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 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is New Market in the National Flood Insurance Program?
Yes. New Market appears in the FEMA Community Status Book as New Market, town of, community 470385, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page New Market figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.
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