New Market

County:: Madison County
County Seat:: No
Area (mi²):: 17.53
State:: Alabama

New Market is a CDP located in Madison County, Alabama. New Market has a 2025 population of 970. New Market is currently declining at a rate of -4.06% annually and its population has decreased by -13% since the most recent census, which recorded a population of 1,115 in 2020.

The average household income in New Market is $90,644 with a poverty rate of 6.4%. The median age in New Market is 37.7 years: 35.1 years for males, and 46.4 years for females.

Demographics

The racial composition of New Market includes 85.11% White, 10.19% Black or African American, 3.24% Native American, and smaller percentages for Asian, Native Hawaiian or Pacific Islander, other race, Two or more races and multiracial populations.

Population by Race

White

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Two or more races

Race	Population	Percentage (of total)
White	1,103	85.11%
Black or African American	132	10.19%
Native American	42	3.24%
Asian	19	1.47%
Native Hawaiian or Pacific Islander	0	0%
Other race	0	0%
Two or more races	0	0%

New Market Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

New Market's average per capita income is $47,848. Household income levels show a median of $71,083. The poverty rate stands at 6.4%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$96,298	-
Families	$87,599	$118,365
Households	$71,083	$90,644
Non Families	$34,387	$37,580

$47,848

Average Income

$71,083

Median Household Income

6.4%

Poverty Rate