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New Market, AL
Full City Profile · Alabama · Madison County County
New Market, AL
At a Glance
How New Market Compares to the U.S. Average
Each bar shows New Market's value as a percentage of the national average (100% = U.S. avg)
Is New Market a Good Place to Live?
Economy & Jobs
New Market residents earn a median household income of $71,083 , which is 5% below the national average of $75,149. Per capita income is $39,640. The unemployment rate stands at 1.0% (72% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 13,778 business establishments, including 895 restaurants.
Housing & Cost of Living
The median home value in New Market is $113,400 , 60% below the national median of $281,900. Zillow estimates the typical home at $288,013. Median rent is $967/month, with 35.9% of renters spending more than 30% of income on housing. The cost of living index is 88.8 (100 = national average). The median home was built in 1987.
Safety & Crime
New Market reports 502 violent crimes per 100,000 residents , which is 32% above the national average of 380/100K. Property crime is 4,141/100K.
Education
19.0% of adults in New Market hold a bachelor's degree or higher (44% below the national average). 83.7% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
New Market has an average annual temperature of 60°F (15°C). Winters average 40°F in January while summers reach 78°F in July. The area gets 301 sunny days per year. Annual precipitation totals 58.1 inches. Air quality is rated Good with a median AQI of 41.