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ZipNumbers

Indiana · Census place 53262

New Market town, IN

Quick answer

New Market town has 544 residents, ranking #493 of 976 places in Indiana. Median household income is $72,917, the median home is worth $136,900 and median gross rent runs $964 a month.

Population
544New Market town residents
Median household income
$72,917Past 12 months, inflation adjusted
Median home value
$136,900Owner-occupied units
Median gross rent
$964Rent plus utilities, monthly
Median age
43.2 yrsAll residents
Homeownership rate
79.8%Owner-occupied households

What the numbers mean in New Market town

Housing cost measured against local earnings.

A household earning the New Market town median would spend about 15.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.8% of residents and 79.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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