B+
Above Average
82/100

New Market Elementary School

📚 Pre-K – 05 🏫 Elementary
📍 N Third St, New Market, IN 47965
82
Repit Score
out of 100
460
Students
enrolled
16.7:1
Student:Teacher
ratio
$15K
Per Student
spending

What We Evaluated

👨‍🏫 Class Size 16.7:1 student-teacher ratio
💰 Funding $15,211 per student
🏫 School Type Regular

School Information

Address N Third St
City New Market
ZIP Code 47965
District 1810450
NCES School ID 181045001715
Data Year 2024-25

Community Context for 47965

Understanding the community around New Market Elementary School helps evaluate the school environment and neighborhood.

💰 Income & Economy

Median Household Income $68,750
Per Capita Income $30,439
Poverty Rate 0.0%
Households Earning $100K+ 15.9%

🎓 Education Level

Bachelor's Degree or Higher 11.3%
High School or Higher 92.5%

🏠 Housing

Median Home Value $124,400
Median Rent $792
Owner-Occupied 84.1%
Renter-Occupied 15.9%
View full data for ZIP 47965 →

Thinking about moving into this school’s area? See what homes and rents actually cost in ZIP 47965 — values, rent, and how it compares to nearby ZIPs. Free, no signup. See 47965 housing costs →

Student Demographics

Enrollment and demographic breakdown for New Market Elementary School.

👫 Gender Distribution

Male 52.2%
Female 47.8%

🌎 Race & Ethnicity

White 93.3%
Hispanic/Latino 3.9%
Black 1.3%
Two or More Races 1.5%

📋 Enrollment Summary

Total Enrollment 460
Teachers (FTE) 27.5
Student:Teacher Ratio 16.7:1

Frequently Asked Questions

What is the Repit School Score for New Market Elementary School?
New Market Elementary School has a Repit School Score of 82 out of 100, earning a grade of B+. This score evaluates class size (student-teacher ratio), funding levels, and resources rather than just test scores.
How many students attend New Market Elementary School?
New Market Elementary School has 460 students enrolled for the 2024-25 school year. The student-to-teacher ratio is 16.7:1.
What grades does New Market Elementary School serve?
New Market Elementary School serves grades Pre-K – 05 and is classified as a Elementary. This is a public school.
How much funding does New Market Elementary School receive per student?
New Market Elementary School receives $15,211 in per-pupil spending from its district. This is above the national average.
🏠 Rental Market Around New Market Elementary School in 47965
Avg Home Value
$177,755
Avg Monthly Rent
$963
1-Year Change
+7.1%
% Renters
15.9%

About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than actual school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention and better student outcomes.
  • School Funding — Resources available for programs, teachers, and facilities directly affect education quality.
  • School Environment — School size and structure affect available programs and student experience.

Data source: NCES CCD 2024-25 | Last updated: September 2026