The New Market Census Designated Place is a community or populated place (Class Code U5) located in Madison County at latitude 34.8923 and longitude -86.4258. Madison County is in the Central time zone (GMT -6). The elevation is 758 feet.
The formal official name is the New Market Census Designated Place, but most people and references simply refer to it as New Market, Alabama.
The U5 Census Class Code for New Market indicates a populated place that is also a census designated place with the same name. The Census Designated Place has a Functional Status Code "S" which identifies a statistical entity.
The formal boundaries for the New Market Census Designated Place (see map below) encompass a land area of 17.53 sq. miles and a water area of 0.03 sq. miles.
Alternate Unofficial Names for New Market: Newmarket.
|Population in Households||1,639|
|Population in Familes||1,410|
|Population in Group Qrtrs||0|
|Average Household Size||2.51|
|Average Family Size||3|
|Total Housing Units||738 (100%)|
|Owner Occupied HU||535 (72.5%)|
|Renter Occupied HU||118 (16.0%)|
|Vacant Housing Units||85 (11.5%)|
|Median Home Value||$119,048|
|Average Home Value||$160,487|
|Median Household Income||$47,077|
|Average Household Income||$57,881|
|Per Capita Income||$21,985|
|(Compound Annual Growth Rates)|
|Median Household Income||1.92%|
|Per Capita Income||2.41%|
The table below compares New Market to the other 578 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 242||58th|
|Population Density1||# 478||17th|
|Diversity Index2||# 301||48th|
|Median Household Income||# 113||81st|
|Per Capita Income||# 135||77th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Alabama Census Data Comparison Tool.