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.
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.
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