New Market, AL Profile: Facts, Map & Data

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New Market, Alabama - Basic Facts

The New Market Census Designated Place had a population of 1,633 as of July 1, 2015. New Market ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Alabama. See peer rankings below.

The primary coordinate point for New Market is located at latitude 34.8923 and longitude -86.4258 in Madison County. 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. Madison County is in the Central time zone (GMT -6). The elevation is 758 feet.

The New Market Census Designated Place (GNIS ID: 2403332) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Beneath the boundary map are tables with New Market population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2015.

Alternate Unofficial Names for New Market: Newmarket.

New Market Census Designated Place, AL Boundary Map

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Boundary Maps: New Market Division | Madison County | Alabama Counties

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New Market, AL Data & Demographics (As of July 1, 2015)

POPULATION

Total Population 1,633
Population in Households 1,633
Population in Familes 1,402
Population in Group Qrtrs 0
Population Density1 93
Diversity Index2 34
 

HOUSEHOLDS

Total Households 650
Average Household Size 2.51
Family Households 478
Average Family Size 3

HOUSING

Total Housing Units 736 (100%)
Owner Occupied HU 530 (72.0%)
Renter Occupied HU 120 (16.3%)
Vacant Housing Units 86 (11.7%)
Median Home Value $119,748
Average Home Value $162,359
 

INCOME

Median Household Income $44,803
Average Household Income $55,222
Per Capita Income $20,972
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.43% 0.61%
Households 0.54% 0.67%
Families 0.99% 0.5%
Median Household Income   2.44%
Per Capita Income   2.41%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

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New Market, AL - Peer Comparisons by Rank and Percentile

The table below compares New Market to the other 578 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2015 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.

Variable Description Rank Percentile
Total Population # 244 58th
Population Density1 # 480 17th
Diversity Index2 # 303 48th
Median Household Income # 149 74th
Per Capita Income # 220 62nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Alabama Census Data Comparison Tool.