New Market was a city in Scott County, Minnesota, United States. The population was 332 at the 2000 census. In January 2007, New Market merged with Elko to become Elko New Market . As of 2006 New Market has a public school, Eagle View Elementary School which is operated by and is part of the New Prague Schools and teaches Preschool - 5th.
Elko New Market merged becuase they had low populations. 
One only had 330ish people so it wans't big enouhg to be a city/town on its own. 
( z1 merge :ARG1 ( z2 company :name ( z3 name :op "Elko" :op "New" :op "Market" ) ) :ARG1-of ( z4 cause :ARG0 ( z5 have :ARG0 z2 :ARG1 ( z6 population :ARG1-of ( z7 low ) ) ) ) )