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New Market, IN

Town in Montgomery County, Indiana. ZIP codes: 47965.

Population

509

Land area

0.3sq mi

People per sq mi

1,869

ZIP codes

1

New Market and its ZIP codes

New Market at a glance

  • New Market is about 9.8 times as dense as Indiana as a whole.
  • Households here earn a median of $67,969 a year, 6% less than the Indiana figure of $71,957.
  • A typical owner-occupied home is valued at $142,300 (35% below Indiana) and median rent is $935 a month.

Local data for New Market, IN

Counts from official public data

Housing and community stats

New Market, IN, American Community Survey 2020-2024

Full profile

Median household income

$67,969

Poverty rate

1.8%

Median home value

$142,300

Median rent

$935/mo

Homeownership

80.8%

Bachelor's or higher

12.1%

Median age

44.3

Average commute

21.3 min

Largest reported origins and ancestries: German Americans (110), Irish Americans (56), Italian Americans (35).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Montgomery County. PPP loans are for New Market.

Details

Unemployment rate

3.0%

Aug 2026, -0.3 pts in a year

Average annual pay

$59,978

15,984 jobs, 2025

Income per person

$53,534

BEA, 2024

Federal spending

$243M

FY 2026, $6,418 per person

PPP loans

$135K

7 loans, 14 jobs reported

Montgomery County economyFederal spendingPPP loans

How people get to work

New Market, IN, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone90.4%
  • Carpooled5.6%
  • Public transit0.0%
  • Walked0.0%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other0.0%
  • Worked from home4.1%

Average one-way commute: 21.3 minutes for people who do not work from home.

Environment and hazard risk

New Market, IN, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Very Low

Top: strong wind

Storm events since 1996

312

Countywide, mostly thunderstorm wind

Flood insurance policies

32

0.2% of homes, county

July high / Jan low

83° / 17°F

44.2 inches of rain a year

Hazards, floods and storm historyCheck a flood zone

Health statistics

Share of adults in New Market, IN, CDC PLACES estimates

All 40 measures

Obesity

37.7%

U.S. 33.3% +4.4 pts

Diabetes

11.8%

U.S. 12.1% about the same

Smoking

16.1%

U.S. 12.8% +3.3 pts

Uninsured (18-64)

7.5%

U.S. 11.1% -3.6 pts

ZIP codes in New Market

1 in or overlapping New Market. Population shown

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Cities near New Market

Frequently asked questions

What county is New Market, IN in?
New Market is in Montgomery County, Indiana.
What ZIP codes are in New Market, IN?
ZIP codes in or overlapping New Market include 47965.
What is the population of New Market, IN?
About 509 people live in New Market, based on American Community Survey 5-year estimates.
What cities are near New Market?
Nearby places include Lake Holiday (2.2 mi), Crawfordsville (6.5 mi), Ladoga (6.9 mi), Linnsburg (7.4 mi), Alamo (7.4 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023