Also See: New Market, AL ZIP Codes & ZIP Code Maps
The New Market CDP(1) had a population of 1,608 as of July 1, 2022. 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 34.9101 and longitude -86.4278 in Madison County. The formal boundaries for the New Market Census Designated Place 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 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.
Alabama is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The New Market Census Designated Place is located within New Market Division of Madison County.
Alternate Unofficial Names for New Market: Newmarket.
|Total Population||1,608 (100%)|
|Population in Households||1,608 (100.0%)|
|Population in Families||1,368 (85.1%)|
|Population in Group Quarters1||0|
|Median Household Income||$55,735|
|Average Household Income||$80,028|
|% of Income for Mortgage4||20%|
|Per Capita Income||$31,499|
|Total HU (Housing Units)||696 (100%)|
|Owner Occupied HU||535 (76.9%)|
|Renter Occupied HU||100 (14.4%)|
|Vacant Housing Units||61 ( 8.8%)|
|Median Home Value||$212,681|
|Average Home Value||$218,271|
|Housing Affordability Index3||135|
|Average Household Size||2.53|
|Average Family Size||3.00|
GROWTH RATE / YEAR
|Median Household Income||3.78%|
|Per Capita Income||7.19%|
|Owner Occupied HU||1.70%|
The table below compares New Market to the other 593 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2022 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||# 256||57th|
|Population Density||# 475||20th|
|Median Household Income||# 178||70th|
|Housing Affordability Index||# 118||20th|
|Per Capita Income||# 178||70th|
|Diversity Index||# 235||61st|
Additional comparisons and rankings can be made with a VERY EASY TO USE Alabama Census Data Comparison Tool.