Photo: Brian Stansberry · CC BY 4.0How is New Market run?
New Market’s town government spent $265,000 on day-to-day services in the year to December 31, 2022, about $426 per resident. Water and other utilities ($70,000) are counted separately.
What stands out about how New Market is run
Read from the town’s budget and official records.
About $426 per resident a year, or $1.17 a day
Day-to-day services only. The biggest line: roads & transportation, at 29%.
Thank you for being a neighbor
$426 per resident in 2022, close to the middle of similar cities
New Market’s day-to-day spending in 2022 ($426 per resident, hospital and utilities left out) against 363 Indiana cities of under 2,500 that don’t run their own schools: the median was $586, and the middle half spent $292–$967. New Market spent less than 63% of them.
Includes sewer and trash ($65,000), as the Census Bureau counts them. Later years come from a Census sample, so the comparison stays on 2022. How Town Hall compares budgets →
Indiana cities of under 2,500 that don’t run their own schools, 2022 Census of Governments (every government counted that year; New Market itself left out).
No trend yet
New Market reported only 2022 to the Census Bureau, so there is no trend yet.
The typical homeowner pays $836 a year
Every local property tax on the home: town, schools and county. About 0.59% of the home’s value, vs 0.74% across Indiana.
Typical yearly bill next door and statewide
The Housing page’s calculator splits a monthly payment into loan, tax and insurance at New Market’s rate.
Can I afford it? →The median bill homeowners report to the Census survey (bills of $10,000+ are reported as “$10,000+”). The effective rate is that bill ÷ the median home value: a rough guide, not the official tax rate. In a town this small the estimate has a wide margin.
Tax bills are one input to New Market’s Cost of living grade. Cost of living in New Market →
Who’s in charge in New Market
Names change after every election, so we link to the source that keeps them current.
South Montgomery Community School Corporation
New Market’s K–12 school district, shared with Alamo, Brown Township, Clark Township, Ladoga, New Ross and more. It’s its own government, with a budget separate from the town’s.
Of the $13,059 per pupil, $7,482 goes to the classroom (teachers, aides, supplies); the rest to buses, buildings, counselors and administration. Building projects and debt payments aren’t in the per-pupil figure.
Indiana districts overall: 33% local, 56% state, 11% federal.
School year 2023–24. Census Bureau school finance survey.
From town hall to Washington
Every level of government that speaks for New Market.
- 1Your townTown governmentLocal officials aren’t on record yet.
- 2Indiana HouseState representatives
- 3Indiana SenateState senator
- 4GovernorStatewide
- 5U.S. HouseYour representative in Congress
- 6U.S. SenateBoth represent all of Indiana
Democrat · Republican · other or independent. Tap a name for their official page.
Reach New Market’s government
Neighbors add phone numbers and hours to the Handbook.
Questions about New Market’s government
How much does New Market spend per resident?
About $426 per resident on day-to-day services in the year to December 31, 2022, as reported to the Census Bureau. In 2022, the last full count, its $426 was less than 63% of 363 Indiana cities of under 2,500 that don’t run their own schools.
What is the property tax rate in New Market?
Homeowners report a typical bill of $836 a year (Census ACS, 2020–24), about 0.59% of the typical home’s value, vs 0.74% across Indiana. For the official rate per $1,000 of assessed value, see the town’s assessor.
Who runs New Market’s government?
We name an official only when a public source lists a current term, and none does for New Market yet.
How many people work for New Market?
0 full-time and 18 part-time employees in March 2022, with a March payroll of $14,782 (about $177,384 a year if every month were the same); Census Bureau estimates.
Who represents New Market in the state legislature?
New Market is split among 2 State Senate districts, so your address decides. The Indiana Legislature’s lookup finds yours. Listed by Open States; districts from the Census Bureau.
Ask neighbors about New Market’s government
Neighbors who’ve been to the meetings can help.
Budget and staff: U.S. Census Bureau, Census of Governments (2022, every government) and Annual Survey of State and Local Government Finances (2023–24, a sample) and the Annual Survey of Public Employment & Payroll; day-to-day spending is current operations, with hospitals, utilities and airports apart. School district: Census school finance survey, 2023–24. Property tax: Census American Community Survey, 2020–24. Elections: official 2024 returns via the MIT Election Data + Science Lab; turnout uses Census citizen voting-age population (CVAP, 2020–24). Officials: Open States, names shown only with a current term (checked October 9, 2026). Districts: Census Bureau (119th Congress, 2024 state districts); legislators: Open States and congress-legislators. How Town Hall works →