New Market

Population: 1,296
Median household income: $71,083
Median home value: $113,400

Located in Madison County, Alabama, New Market is a community with a population of 1,296. Its median household income of $71,083 runs below the Madison County figure of $83,528.

Between 2019 and 2023, New Market's population grew 15.5% from 1,122 to 1,296, while its median home value fell 13.7% from $131,400 to $113,400.

62.6% of homes are single-family detached houses. The typical home was built around 1989.

Demographics

ACS 2019–2023

Population: 1,296
Median age: 37.7 yrs
Median household income: $71,083
Median home value: $113,400
Median gross rent: $967
Housing units: 597
Homeownership rate: 79.9%
Bachelor's degree or higher: 19.0%
Unemployment rate: 1.3%

Trends

ACS 5-year · 2019–2023

Population

1,1221,296

Median household income

$61,696$71,083

Median home value

$131,400$113,400

Median gross rent

$599$967

Year	Population	Median household income	Median home value	Median gross rent
2019	1,122	$61,696	$131,400	$599
2020	1,115	$42,063	$113,000	$639
2021	1,006	$45,365	$109,500	$693
2022	1,095	$61,188	$129,400	$919
2023	1,296	$71,083	$113,400	$967

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.6%

5 to 1719.0%

18 to 242.9%

25 to 3416.9%

35 to 4414.4%

45 to 5419.7%

55 to 6421.7%

65 to 740.0%

75 and over1.8%

	Count	Share
Under 5	47	3.6%
5 to 17	246	19.0%
18 to 24	38	2.9%
25 to 34	219	16.9%
35 to 44	187	14.4%
45 to 54	255	19.7%
55 to 64	281	21.7%
65 to 74	0	0.0%
75 and over	23	1.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,012	78.1%
Black or African American	132	10.2%
American Indian & Alaska Native	42	3.2%
Asian	19	1.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	0	0.0%
Hispanic or Latino (any race)	91	7.0%

Educational attainment (age 25+)

No high school diploma16.3%

High school graduate34.8%

Some college or associate's29.9%

Bachelor's degree17.7%

Graduate or professional degree1.2%

	Count	Share
No high school diploma	157	16.3%
High school graduate	336	34.8%
Some college or associate's	289	29.9%
Bachelor's degree	171	17.7%
Graduate or professional degree	12	1.2%

Commute to work

Mean travel time to work: 28 min

Drove alone61.7%

Carpooled27.6%

Public transit0.0%

Walked1.3%

Bicycle0.0%

Worked from home2.3%

Other means7.1%

How workers get to work

	Count	Share
Drove alone	462	61.7%
Carpooled	207	27.6%
Public transit	0	0.0%
Walked	10	1.3%
Bicycle	0	0.0%
Worked from home	17	2.3%
Other means	53	7.1%

Travel time

	Count	Share
Under 15 min	187	25.5%
15 to 29 min	117	16.0%
30 to 44 min	237	32.4%
45 to 59 min	172	23.5%
60+ min	19	2.6%

Households

Average household size: 2.34
Poverty rate: 6.4% (83 of 1,296)

	Count	Share
Family households	361	65.3%
Nonfamily households	192	34.7%

Housing

Median year structure built: 1989

Occupancy

	Count	Share
Occupied	553	92.6%
Vacant	44	7.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	442	79.9%
Renter-occupied	111	20.1%

1-unit, detached62.6%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other37.4%

Units in structure

	Count	Share
1-unit, detached	374	62.6%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	223	37.4%

Geography

Place GEOID: 0154312
Type (LSAD): 57
Land area: 18 sq mi
Water area: 0.03 sq mi
Center point: 34.8923, -86.4258