New Market is the common name for the community and surrounding area while the formal official name is the New Market Census Designated Place.
It is a community or populated place (Class Code U5) located in Madison County at latitude 34.9101 and longitude -86.4278. Madison County is in the Central time zone (GMT -6). The elevation is 758 feet.
The formal boundaries for the New Market Census Designated Place (see map) 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.Photos of the local New Market, AL area
|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.