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Cost & Benefits

Cost of living in New Market, Tennessee

New Market, Tennessee has about 1,619 people. Typical rent is $943 a month, including utilities, and a typical household earns $72,321 a year. Both figures are Census 2020–2024 medians, not a listing or your pay. This site does not approve or deny benefits. A missing figure stays blank. We do not guess it.

Simple answer

Typical rent is $943 a month.

New Market is a town in Tennessee. That rent number includes utilities. A typical household earns $72,321 a year.

Is New Market affordable?See benefits in New Market
People
1,619
Census average, 2020–2024
Typical rent
$943
Median gross rent, includes utilities
Typical pay
$72,321
Median household income, yearly
Typical home
$180,400
Median home value
2-bedroom fair rent
$1,153
Morristown, TN HUD Metro FMR Area

New Market, Tennessee has about 1,619 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $180,400.

HUD's fair-market rent for a 2-bedroom in Jefferson County is $1,153 a month. That is the county number, not an apartment listing in New Market. It runs from October 2026 through September 2027.

In the Morristown, TN metro area, prices sit at 86.4 when the U.S. average is 100. That is a 2024 BEA index.

Tennessee does not tax wages. A typical combined sales tax is 9.6% as of January 1, 2026. That mix is statewide, not New Market's exact store tax.

In July 2026, a typical Tennessee home paid 13.71¢ per kilowatt-hour. That is a state average from EIA, not New Market's bill.

EIA did not publish a 2025 all-grades gas price for Tennessee in the table we use.

Among 278 places we list in Tennessee with a rent figure, 110 have higher typical rent than New Market.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Find SNAP stores near New MarketWhat EBT can buy in Tennessee

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in Tennessee

Bigger places in Tennessee

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.