Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.8 yrs |
|---|---|
| Avg HH Size | 2.71 |
| Below Poverty | 9.5% ≈ Avg |
| College Grads | 39.1% ≈ Avg |
| Unemployment | 2.4% ▼ 50% below avg |
| HS Graduate | 2,121 (24.8%) |
| Some College | 1,619 (18.9%) |
| Associates | 1,466 (17.2%) |
| Bachelors | 567 (6.6%) |
| Graduate Degree | 2,775 (32.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $82,321 ▲ 8% above avg |
|---|---|
| Median Home Value | $215,300 ▼ 23% below avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $975/mo |
| Total Housing Units | 5,522 |
| Vacant Units | 327 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Market is a city in Alabama, located in Madison County. The city spans 1 ZIP code and is home to approximately 14,124 residents. It is a relatively young city, with a median age of 36.8 years.
Economically, New Market is a middle-income community. The median household income of $82,321 is near the national average. Approximately 9.5% of residents live below the poverty line. The unemployment rate is 2.4%, well below the national average.
The real estate market in New Market is an affordable housing market. Median home values stand at $215,300, which is below the national average. Renters typically pay around $975 per month. Homeownership is high at 83.2%, typical of suburban and family-oriented communities.
The population of New Market is moderately educated. 39.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (75.61%).
New Market, AL offers residents above-average earning potential within Alabama.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 35761 | 14,124 | $82,321 | $215,300 | $975 | 2.4% | 39.1% | 83.2% |