New Market, MN Overview

Community Characteristics

These distinctive characteristics represent factors which have a strong influence on this community. Factors are considered "distinctive" if this community falls into the top 25% for these characteristics nationally.

  • High Percentage of Family Households
  • Very Rapid Population Growth
  • Low Residential Turnover
  • Suburb of Minneapolis

Summary

Population Growth (since 2000)100%
Population Density (ppl / mile)1,261.00
Household Size (ppl)3.22
Households w/ Children47%

Housing Stability

Annual Residential Turnover13%
5+ Years in Residency39%
Median Year in Residency4.22

Housing Inventory

New Market, MN Housing Inventory 15153273271515327

Market Overview

12 listings with an estimated median price of $284,000

PriceCount
$0 - 100K2
$100K - 200K3
$200K - 300K1
$300K - 400K3
$400K - 500K1
$600K - 700K1
$700K - 800K1
Property TypeCount
Single Family2
Lots and Land10

(Data as of 10/29/2020)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

New Market, MN Population Demographics

Total: 1,100

Households:342

Median Age: 36.44

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

New Market, MN Temperature

Weather Risk

New Market, MN Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

New Market, MN Education Climate Index

Highest Education Level Attained

New Market, MN Highest Education Level Attained 187165802698115618716526981

Employment and Finance

Workforce

New Market, MN Workforce

Income by dollar range (Median Income: $104,166)

New Market, MN Income by dollar range 53324569532375154455216121

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$594
One Bedroom
$699
Two Bedroom
$849
Three Bedroom
$1,112
Four Bedroom
$1,249

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

New Market, MN Crime

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