New Market, AL Profile: Facts, Map & Data

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New Market, Alabama - Basic Facts

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.

New Market Census Designated Place, AL Boundary Map


Also See: BIG Map | Driving Directions | AL Congressional Districts
Boundary Maps: New Market Division | Madison County | Alabama Counties

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New Market, AL Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 1,639
Population in Households 1,639
Population in Familes 1,410
Population in Group Qrtrs 0
Population Density1 94
Diversity Index2 34
 

HOUSEHOLDS

Total Households 653
Average Household Size 2.51
Family Households 483
Average Family Size 3

HOUSING

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
 

INCOME

Median Household Income $47,077
Average Household Income $57,881
Per Capita Income $21,985
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population 0.61% 0.8%
Households 0.77% 0.87%
Families 1.47% 0.81%
Median Household Income   1.92%
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.

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, 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.

Variable Description Rank Percentile
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.