What percentage of people rent in New Market, TN?

Name: Renters and owners in New Market, TN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

24.5% (±12.0 points) of the occupied homes in New Market, TN are rented (2020–2024 American Community Survey).

That is 142 renting households against 438 that own their home.

In New Market, the share of households that rent went from 16.2% in 2015–2019 to 24.5% in 2020–2024 (+8.3 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 24.5% (±12.0 points)
Renting households: 142 (±89)

Who rents and who owns in New Market

Tenure, estimate (90% margin of error)
	New Market	Jefferson County	Tennessee	United States
Renter-occupied share	24.5% (±12.0 points)	24.2% (±2.5 points)	33.1% (±0.3 points)	34.8%
Renting households	142 (±89)	5,275 (±564)	933,708 (±7,883)	45,017,354
Owning households	438 (±83)	16,542 (±673)	1,890,569 (±10,295)	84,210,142
Average renter household size	2.9 (±1.2)	2.4 (±0.2)	2.3 (±0.0)	2.3
Average owner household size	2.8 (±0.4)	2.6 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	—	$44,453 (±$6,735)	$46,745 (±$535)	$52,966
Median owner household income	$72,826 (±$11,604)	$73,854 (±$4,177)	$85,153 (±$545)	$100,009

In New Market, the renter share is not measurably different from Jefferson County (24.2%).

It is not measurably different from Tennessee (33.1%).

It is not measurably different from the national figure (34.8%).

In Jefferson County, New Market ranks 5 of 6 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 247 of 405.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in New Market has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	16.2% (±7.0 points)	24.5% (±12.0 points)	+8.3 percentage points	Not a measurable change
Median gross rent	$771 (±$310)	$943 (±$49)	+22.3%	No measurable change after inflation
Median household income	$56,711 (±$3,804)	$72,321 (±$12,973)	+27.5%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near New Market

Nearest places with a published estimate, compared with New Market
Place	Distance	Households that rent	Compared with this place
New Market	—	24.5% (±12.0 points)	—
Jefferson City	4.5 mi	48.9% (±8.5 points)	Higher
Strawberry Plains	5.4 mi	28.0% (±11.7 points)	Not measurably different
Dandridge	8.4 mi	33.5% (±11.8 points)	Not measurably different
Blaine	8.4 mi	23.3% (±8.5 points)	Not measurably different
Mascot	12 mi	33.5% (±12.1 points)	Not measurably different
Rutledge	12 mi	41.8% (±10.7 points)	Higher
Luttrell	13 mi	13.6% (±7.9 points)	Not measurably different
Sevierville	14 mi	49.4% (±5.1 points)	Higher

Nearby places with a measurably higher figure: Jefferson City, TN (48.9%), Rutledge, TN (41.8%), Sevierville, TN (49.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Jefferson County, place by place

Rank	Place	Households that rent
1	Jefferson City	48.9% (±8.5 points)
2	White Pine	34.3% (±8.7 points)
3	Dandridge	33.5% (±11.8 points)
4	Strawberry Plains	28.0% (±11.7 points)
5	New Market	24.5% (±12.0 points)
6	Baneberry	1.9% (±2.4 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about New Market

How many renters are there in New Market?

New Market has an estimated 142 (±89) renting households, 24.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in New Market?

In New Market, the share of households that rent went from 16.2% in 2015–2019 to 24.5% in 2020–2024 (+8.3 percentage points), not a measurable change.

How big are renting households in New Market?

A renting household in New Market has 2.9 people on average, against 2.8 in an owned home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for New Market town, Tennessee (place:52940, in state:47).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.