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. For every 100 females there are 101.9 males.
Data after 2023 is projected based on recent change
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 and multiracial populations.
White (85.11%)
Black or African American (10.19%)
Native American (3.24%)
Asian (1.47%)
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% |
Married
Widowed
Divorced
Separated
Never Married
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%.
Name | Median | Mean |
|---|---|---|
| Married Families | $96,298 | - |
| Families | $87,599 | $118,365 |
| Households | $71,083 | $90,644 |
| Non Families | $34,387 | $37,580 |
Average Income
Median Household Income
Poverty Rate