New Hope vs New Market
A side-by-side comparison of New Hope and New Market: population, income, housing, and more.
New Hope and New Market are places in Alabama. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
New Hope has the higher population (2,895 vs 1,296 in New Market). New Hope has the higher median household income ($80,787 vs $71,083 in New Market). New Hope has the higher median home value ($158,200 vs $113,400 in New Market).
Population, income & housing
| New Hope | New Market | |
|---|---|---|
| Population | 2,895 | 1,296 |
| Median age | 34.2 yrs | 37.7 yrs |
| Median household income | $80,787 | $71,083 |
| Median home value | $158,200 | $113,400 |
| Median gross rent | $692 | $967 |
| Housing units | 1,076 | 597 |
| Homeownership rate | 79.4% | 79.9% |
| Bachelor's degree or higher | 26.3% | 19.0% |
| Unemployment rate | 7.9% | 1.3% |
Trends (ACS 5-year, 2019–2023)
| New Hope | New Market | |
|---|---|---|
| Population | 2,854 → 2,895 (+1.4%) | 1,122 → 1,296 (+15.5%) |
| Median household income | $55,764 → $80,787 (+44.9%) | $61,696 → $71,083 (+15.2%) |
| Median home value | $124,700 → $158,200 (+26.9%) | $131,400 → $113,400 (-13.7%) |
| Median gross rent | $826 → $692 (-16.2%) | $599 → $967 (+61.4%) |
New Hope
2,8542,895
$55,764$80,787
$124,700$158,200
$826$692
New Market
1,1221,296
$61,696$71,083
$131,400$113,400
$599$967
Age & race/ethnicity
Age distribution (share)
| New Hope | New Market | |
|---|---|---|
| Under 5 | 4.3% | 3.6% |
| 5 to 17 | 30.6% | 19.0% |
| 18 to 24 | 5.0% | 2.9% |
| 25 to 34 | 14.3% | 16.9% |
| 35 to 44 | 18.1% | 14.4% |
| 45 to 54 | 10.5% | 19.7% |
| 55 to 64 | 8.8% | 21.7% |
| 65 to 74 | 5.5% | 0.0% |
| 75 and over | 2.9% | 1.8% |
Race & ethnicity (share)
| New Hope | New Market | |
|---|---|---|
| White (non-Hispanic) | 94.9% | 78.1% |
| Black or African American | 1.3% | 10.2% |
| American Indian & Alaska Native | 1.2% | 3.2% |
| Asian | 0.4% | 1.5% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.0% | 0.0% |
| Two or more races | 2.2% | 0.0% |
| Hispanic or Latino | 0.0% | 7.0% |
Educational attainment (age 25+)
Share of adults 25+
| New Hope | New Market | |
|---|---|---|
| No high school diploma | 9.6% | 16.3% |
| High school graduate | 30.8% | 34.8% |
| Some college or associate's | 33.3% | 29.9% |
| Bachelor's degree | 23.9% | 17.7% |
| Graduate or professional degree | 2.4% | 1.2% |
Commute to work
How workers get to work (share)
| New Hope | New Market | |
|---|---|---|
| Drove alone | 86.1% | 61.7% |
| Carpooled | 11.3% | 27.6% |
| Public transit | 0.0% | 0.0% |
| Walked | 0.3% | 1.3% |
| Bicycle | 0.0% | 0.0% |
| Worked from home | 2.3% | 2.3% |
| Other means | 0.0% | 7.1% |
Housing
Units in structure (share)
| New Hope | New Market | |
|---|---|---|
| 1-unit, detached | 77.0% | 62.6% |
| 1-unit, attached | 0.0% | 0.0% |
| 2 to 4 units | 0.4% | 0.0% |
| 5 to 19 units | 4.5% | 0.0% |
| 20 or more units | 0.0% | 0.0% |
| Mobile home & other | 18.2% | 37.4% |
Poverty & households
| New Hope | New Market | |
|---|---|---|
| Poverty rate | 6.4% | 6.4% |
| Average household size | 2.96 | 2.34 |
| Mean commute (minutes) | 25 | 28 |
| Median year structure built | 1989 | 1989 |
Full profiles
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- Highest median household income — cities in Alabama
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- Shortest commutes — cities in Alabama
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- Fastest-growing (2019–2023) — cities in Alabama
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