The median household income in New Market, MD in 2022 was $196,350, which was 51.6% greater than the median annual income of $94,991 across the entire state of Maryland. Compared to the median income of $62,292 in 2000 this represents an increase of 68.3%. The per capita income in 2022 was $67,438, which means an increase of 67.2% compared to 2000 when it was $22,102.
Whole page based on the data from 2000 / 2022 when the population of New Market, Maryland was 427 / 1,608
Income statistics for all residents
Median household income in New Market, MD in 2022:
New Market:
$196,351
Maryland:
$94,991
Number of households with income < $10k:
New Market:
2.9% (15)
State:
4.8% (114,450)
Number of households with income $10k - 20k:
New Market:
1.6% (8)
State:
5.0% (117,883)
Number of households with income $20k - 30k:
New Market:
0.6% (3)
State:
5.2% (123,350)
Number of households with income $30k - 40k:
New Market:
1.6% (8)
State:
5.6% (134,104)
Number of households with income $40k - 50k:
New Market:
1.2% (6)
State:
5.6% (132,932)
Number of households with income $50k - 60k:
New Market:
1.2% (6)
State:
5.6% (132,707)
Number of households with income $60k - 75k:
New Market:
2.0% (10)
Maryland:
7.9% (188,335)
Number of households with income $75k - 100k:
New Market:
4.9% (25)
State:
12.5% (297,873)
Number of households with income $100k - 125k:
New Market:
11.0% (56)
Maryland:
10.5% (250,497)
Number of households with income $125k - 150k:
New Market:
6.3% (32)
Maryland:
8.1% (193,208)
Number of households with income $150k - 200k:
New Market:
25.5% (130)
Maryland:
11.6% (274,905)
Number of households with income > $200k:
New Market:
41.4% (211)
Maryland:
17.5% (415,740)
Aggregate household income in New Market in 2022: $107,689,030
Median family income in New Market in 2022:
New Market:
$196,904
Maryland:
$117,294
Number of families with income $30k - 40k:
New Market:
1.5% (7)
Maryland:
4.5% (70,252)
Number of families with income $40k - 50k:
New Market:
0.5% (2)
State:
4.8% (74,112)
Number of families with income $50k - 60k:
New Market:
0.8% (4)
Maryland:
5.0% (77,590)
Number of families with income $60k - 75k:
New Market:
2.7% (12)
State:
7.1% (109,924)
Number of families with income $75k - 100k:
New Market:
3.9% (17)
State:
12.0% (185,255)
Number of families with income $100k - 125k:
New Market:
10.9% (48)
State:
11.2% (173,203)
Number of families with income $125k - 150k:
New Market:
5.6% (25)
Maryland:
9.3% (143,453)
Number of families with income $150k - 200k:
New Market:
28.7% (126)
Maryland:
14.2% (218,861)
Number of families with income > $200k:
New Market:
45.4% (200)
State:
23.2% (359,182)
Median per capita income in New Market in 2022:
New Market:
$67,438
Maryland:
$49,236
Income statistics for White residents
Median household income in New Market, MD in 2022:
New Market:
$192,391
State:
$107,160
Number of households with income < $10k:
New Market:
3.4% (13)
State:
3.7% (47,387)
Number of households with income $10k - 20k:
New Market:
0.0% (0)
State:
4.1% (52,102)
Number of households with income $20k - 30k:
New Market:
0.8% (3)
State:
4.6% (58,758)
Number of households with income $30k - 40k:
New Market:
2.4% (9)
State:
4.7% (59,745)
Number of households with income $40k - 50k:
New Market:
1.6% (6)
State:
5.0% (62,576)
Number of households with income $50k - 60k:
New Market:
1.1% (4)
Maryland:
5.1% (64,484)
Number of households with income $60k - 75k:
New Market:
1.6% (6)
Maryland:
7.7% (97,019)
Number of households with income $75k - 100k:
New Market:
5.8% (22)
State:
11.8% (149,205)
Number of households with income $100k - 125k:
New Market:
11.3% (43)
State:
10.6% (134,231)
Number of households with income $125k - 150k:
New Market:
6.1% (23)
State:
8.8% (111,081)
Number of households with income $150k - 200k:
New Market:
24.3% (92)
State:
12.9% (162,966)
Number of households with income > $200k:
New Market:
41.7% (158)
Maryland:
20.9% (264,377)
Aggregate household income in New Market in 2022: $81,553,077
Median family income in New Market in 2022:
New Market:
$199,242
Maryland:
$134,708
Number of families with income $30k - 40k:
New Market:
2.6% (8)
Maryland:
3.3% (26,886)
Number of families with income $40k - 50k:
New Market:
0.5% (2)
Maryland:
3.6% (29,194)
Number of families with income $50k - 60k:
New Market:
0.9% (3)
Maryland:
4.1% (33,120)
Number of families with income $60k - 75k:
New Market:
2.0% (7)
State:
6.6% (53,501)
Number of families with income $75k - 100k:
New Market:
4.7% (15)
State:
11.3% (91,779)
Number of families with income $100k - 125k:
New Market:
9.7% (32)
Maryland:
11.3% (91,483)
Number of families with income $125k - 150k:
New Market:
6.3% (21)
State:
9.9% (80,832)
Number of families with income $150k - 200k:
New Market:
25.7% (84)
State:
16.0% (130,295)
Number of families with income > $200k:
New Market:
47.6% (155)
Maryland:
28.1% (228,324)
Median per capita income in New Market in 2022:
New Market:
$72,750
Maryland:
$59,750
Income statistics for Black or African American residents
Median household income in New Market, MD in 2022:
New Market:
$253,699
State:
$77,368
Number of households with income < $10k:
New Market:
0.0% (0)
Maryland:
7.0% (50,093)
Number of households with income $10k - 20k:
New Market:
22.2% (8)
Maryland:
7.2% (51,849)
Number of households with income $20k - 30k:
New Market:
0.0% (0)
Maryland:
5.8% (41,510)
Number of households with income $30k - 40k:
New Market:
0.0% (0)
State:
6.9% (49,466)
Number of households with income $40k - 50k:
New Market:
0.0% (0)
Maryland:
6.6% (47,557)
Number of households with income $50k - 60k:
New Market:
0.0% (0)
Maryland:
6.2% (44,818)
Number of households with income $60k - 75k:
New Market:
0.0% (0)
State:
8.6% (61,728)
Number of households with income $75k - 100k:
New Market:
0.0% (0)
State:
13.2% (95,107)
Number of households with income $100k - 125k:
New Market:
22.2% (8)
State:
10.2% (73,579)
Number of households with income $125k - 150k:
New Market:
0.0% (0)
State:
7.2% (51,970)
Number of households with income $150k - 200k:
New Market:
16.7% (6)
State:
9.4% (67,623)
Number of households with income > $200k:
New Market:
38.9% (14)
State:
11.7% (83,862)
Aggregate household income in New Market in 2022: $6,838,498
Median family income in New Market in 2022:
New Market:
$217,153
State:
$96,241
Number of families with income $100k - 125k:
New Market:
29.2% (8)
State:
11.4% (49,778)
Number of families with income $150k - 200k:
New Market:
20.4% (6)
Maryland:
11.8% (51,381)
Number of families with income > $200k:
New Market:
50.4% (14)
State:
16.5% (71,997)
Median per capita income in New Market in 2022:
New Market:
$53,930
Maryland:
$40,756
Change in median per capita income between 2000 and 2022:
New Market, Maryland:
+51.7%
State:
+113.5%
Income statistics for Asian residents
Median household income in New Market, MD in 2022:
New Market:
$244,452
State:
$117,771
Aggregate household income in New Market in 2022: $3,537,822
Median family income in New Market in 2022:
New Market:
$231,286
State:
$137,857
Median per capita income in New Market in 2022:
New Market:
$64,081
State:
$53,546
Income statistics for Hispanic or Latino residents
Median household income in New Market, MD in 2022:
New Market:
$294,695
State:
$82,138
Number of households with income < $10k:
New Market:
10.7% (3)
Maryland:
3.7% (6,871)
Number of households with income $10k - 20k:
New Market:
0.0% (0)
State:
2.9% (5,465)
Number of households with income $20k - 30k:
New Market:
0.0% (0)
State:
5.9% (11,012)
Number of households with income $30k - 40k:
New Market:
0.0% (0)
State:
7.9% (14,668)
Number of households with income $40k - 50k:
New Market:
0.0% (0)
Maryland:
7.6% (14,074)
Number of households with income $50k - 60k:
New Market:
3.6% (1)
Maryland:
7.6% (14,166)
Number of households with income $60k - 75k:
New Market:
0.0% (0)
State:
9.9% (18,486)
Number of households with income $75k - 100k:
New Market:
0.0% (0)
State:
16.1% (30,032)
Number of households with income $100k - 125k:
New Market:
10.7% (3)
Maryland:
9.4% (17,432)
Number of households with income $125k - 150k:
New Market:
0.0% (0)
Maryland:
7.5% (13,963)
Number of households with income $150k - 200k:
New Market:
17.9% (5)
State:
10.1% (18,750)
Number of households with income > $200k:
New Market:
57.1% (16)
State:
11.4% (21,133)
Aggregate household income in New Market in 2022: $10,206,725
Median family income in New Market in 2022:
New Market:
$251,290
State:
$80,127
Number of families with income $100k - 125k:
New Market:
13.9% (3)
State:
9.6% (14,146)
Number of families with income $150k - 200k:
New Market:
27.4% (5)
State:
10.7% (15,752)
Number of families with income > $200k:
New Market:
58.7% (11)
Maryland:
11.6% (17,028)
Median non-family income in New Market in 2022:
New Market:
$228,439
State:
$55,347
Median per capita income in New Market in 2022:
New Market:
$67,982
Maryland:
$29,024
Income statistics for Multirace residents
Median household income in New Market, MD in 2022:
New Market:
$176,059
State:
$99,027
Change in median household income between 2000 and 2022:
New Market, Maryland:
+142.8%
Maryland:
+111.4%
Number of households with income < $10k:
New Market:
6.2% (3)
Maryland:
4.8% (6,469)
Number of households with income $10k - 20k:
New Market:
0.0% (0)
Maryland:
3.3% (4,464)
Number of households with income $20k - 30k:
New Market:
0.0% (0)
Maryland:
5.8% (7,826)
Number of households with income $30k - 40k:
New Market:
0.0% (0)
State:
8.1% (11,077)
Number of households with income $40k - 50k:
New Market:
0.0% (0)
State:
4.3% (5,895)
Number of households with income $50k - 60k:
New Market:
4.2% (2)
Maryland:
3.9% (5,346)
Number of households with income $60k - 75k:
New Market:
10.4% (5)
Maryland:
6.7% (9,159)
Number of households with income $75k - 100k:
New Market:
0.0% (0)
State:
13.6% (18,420)
Number of households with income $100k - 125k:
New Market:
10.4% (5)
Maryland:
12.9% (17,488)
Number of households with income $125k - 150k:
New Market:
12.5% (6)
State:
8.1% (11,039)
Number of households with income $150k - 200k:
New Market:
22.9% (11)
State:
11.5% (15,675)
Number of households with income > $200k:
New Market:
33.3% (16)
State:
17.0% (23,059)
Aggregate household income in New Market in 2022: $14,494,809
Median family income in New Market in 2022:
New Market:
$178,746
State:
$110,784
Number of families with income $60k - 75k:
New Market:
15.9% (5)
State:
6.5% (6,128)
Number of families with income $100k - 125k:
New Market:
15.5% (5)
State:
13.2% (12,548)
Number of families with income $150k - 200k:
New Market:
38.5% (12)
State:
13.6% (12,921)
Number of families with income > $200k:
New Market:
30.1% (10)
State:
20.9% (19,875)
Median per capita income in New Market in 2022:
New Market:
$52,364
State:
$35,630
Change in median per capita income between 2000 and 2022:: -15.9%
New Market, Maryland:
-15.9%
State:
+125.1%
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-15.9%
+125.1%