Everything You Should Know Before Moving to New Market, MD
Thinking of moving to New Market, MD? With a friendly population of 1,650, this small town offers a relaxed pace, highly rated schools, and a strong sense of community. The median home price is around $480,000, with rents averaging $1,950 and a low crime rate—making it ideal for families. Residents enjoy a high median income, excellent educational attainment, and a reasonable 35-minute commute to Frederick or the DC metro area. Enjoy all four seasons and plenty of sunny days in this charming, historic Maryland community.
Demographics - New Market, MD
Demographics - New Market, MD
New Market, MD is a close-knit community of about 1,650 residents, with a median age of 36 and a balanced gender ratio. The town is predominantly White (85%), with small but diverse minority populations and about 8.5% of residents speaking a language other than English at home. Its moderate population density and youthful demographic make it appealing for families and professionals alike.
Population:
1,650
Density:
2,100 per sq mi
Median Age:
36.2
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
8.5%
Ethnic Composition
White:
85.0%
Black:
5.0%
Asian:
4.0%
Others:
6.0%
Cost Of Living
What is the average cost of living in New Market, MD?
Living in New Market comes with a cost of living index of 125, slightly above the national average, reflecting higher housing and utility expenses. The median home value is $480,000, while average rents are around $1,950 per month. State taxes are moderate, and everyday expenses like groceries and transportation are also above the national norm, making budgeting important for newcomers.
Median House Value:
$480,000
Gross Rent:
$1,950
Monthly Electricity Charges:
$140
Auto Insurance:
$1,490
House Owner Cost With Mortgage:
$2,350
House Owner Cost Without Mortgage:
$740
State Taxes:
Low:
2.0%
|
High:
5.75%
Cost Of Living Index:
125.0
Grocery:
116.0
Housing:
137.0
Utilities:
110.5
Transportation:
118.0
Health Care:
112.0
Miscellaneous:
108.0
Crime
Is New Market, MD a safe place to live?
New Market boasts a notably low crime rate, with violent crimes at just 86 per 100,000 people and property crimes at 650 per 100,000. Residents enjoy a sense of safety, with the odds of being a victim of violent crime at just 1 in 1,162. This secure environment makes the town especially attractive for families and retirees.
Violent Crimes Per 100k:
86
Property Crimes Per 100k:
650
Crime Index:
736
Chance Of Violent Crime:
1 in 1,162
Chance Of Property Crime:
1 in 154
Weather
What is the weather like in New Market, MD year-round?
Residents of New Market experience all four seasons, with warm summers reaching up to 87°F and chilly winters dipping to 24°F. The town sees about 42.5 inches of rainfall annually and enjoys sunshine 58% of the year, offering a pleasant climate for outdoor activities. Seasonal changes bring a mix of vibrant foliage and comfortable days throughout the year.
Winter
Min:
24°F
Max:
40°F
Spring
Min:
44°F
Max:
68°F
Summer
Min:
65°F
Max:
87°F
Fall
Min:
47°F
Max:
70°F
Average Rainfall Inches:
42.5 inches
Sunny Days Percentage:
58%
Neighbors
New Market is a prosperous community, with a median household income of $135,200 and a low poverty rate of 2.4%. Education levels are high, as over half of residents hold a bachelor's degree or higher, and the unemployment rate is just 2.7%. The average commute is about 35 minutes, reflecting the town's convenient access to Frederick and the DC metro area.
Median Income:
$59,000
Household Income:
$135,200
Family Income:
$142,000
Per Capita Income:
$51,000
Income Male:
$61,000
Income Female:
$56,000
Poverty Rate:
2.4%
Non English Speakers:
8.5%
Rent:
$1,950
Unemployment Rate:
2.7%
Public Transport Usage:
1.5%
Commute Time:
35.2 minutes
Education
High School or Higher:
97.2%
Bachelors or More:
54.3%
Education
How are the schools in New Market, MD?
Families in New Market benefit from excellent local schools, including New Market Elementary and Middle Schools, both known for favorable student-to-teacher ratios. Private education options and proximity to colleges like Hood College and Frederick Community College, just 8 miles away, ensure a range of learning opportunities from early years through higher education.
Public Schools
Name:
New Market Elementary School
Street:
93 W Main St
Phone:
240-236-1300
Students:
650
Student Teacher Ratio:
15.0
Name:
New Market Middle School
Street:
125 W Main St
Phone:
240-236-4600
Students:
800
Student Teacher Ratio:
16.2
Private Schools
Name:
St. John Regional Catholic School
Street:
8414 Opossumtown Pike, Frederick, MD
Phone:
301-662-6722
Students:
500
Colleges
Name:
Hood College
City:
Frederick
State:
MD
Distance:
8 miles
Students:
2,100
Name:
Frederick Community College
City:
Frederick
State:
MD
Distance:
8 miles
Students:
6,700
Healthcare
Healthcare access in New Market is robust, with Frederick Health Hospital nearby and 2.7 physicians per 1,000 residents. Nearly 96% of locals have health insurance, and healthcare services are comprehensive, supporting the community’s well-being. The area’s healthcare index of 76 indicates reliable and quality care for residents.
Major Hospitals
Name:
Frederick Health Hospital
Address:
400 W 7th St, Frederick, MD 21701
Phone:
(240) 566-3300
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.7
Health Insurance Coverage:
95.8%
Health Care Index:
76.0
Housing Market
What is the housing market like in New Market, MD?
Homeownership is prevalent in New Market, with 90% of residents owning their homes and a median price of $480,000. Rental options are limited but available, with average two-bedroom rents at $1,950 and a low vacancy rate. The housing market remains healthy, with steady appreciation and minimal foreclosures.
Median Home Price:
$480,000
Average Rent For 2 Bedroom:
$1,950
Owner Occupied Rate:
90.2%
Rental Vacancy Rate:
3.1%
Home Appreciation Rate (1yr):
6.5%
New Construction Rate:
2.1%
Foreclosure Rate:
0.3%
DMV Information
New Market residents are served by the Maryland Motor Vehicle Administration, with the nearest full-service location in Glen Burnie. Essential DMV services—including licensing, registration, and vehicle titling—are accessible both online and in-person. For more information, residents can visit the official MVA website or call the statewide hotline.
State:
Maryland
Department:
Maryland Motor Vehicle Administration
Address:
6601 Ritchie Highway NE, Glen Burnie, MD 21062
Phone:
1-410-768-7000
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.