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New Market, AL

Full City Profile · Alabama · Madison County County

3.2 /5.0
B Good
1,296 Population 74/sq mi density
$71,083 Median Income $39,640 per capita
$113,400 Home Value $288,013 Zillow
$967 Median Rent 35.9% income on rent
60°F Avg Temperature 301 sunny days/yr
502 Violent Crime/100K 4,141 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$71,083 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$113,400 home value, $967/mo rent
F
Safety
1.0 / 5.0
502 violent crimes/100K (32% above avg)
C+
Education
2.5 / 5.0
19.0% bachelor's degree or higher

Income Overview

Median Household Income
$71,083
5% below
US avg: $75,149
Per Capita Income
$39,640
2% above
US avg: $39,052
Unemployment Rate
1.0%
72% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: New Market vs. U.S. Average

Each bar shows New Market’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$71,083
95%
Per Capita
US: $39,052
$39,640
102%
IRS Avg AGI
US: $72,000
$90,736
126%
Avg Weekly Wage
US: $1,432
$1,482
103%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,482
3% above US avg ($1,432)
Mean Commute Time
28 min
3% above US avg (28 min)
Work From Home
2.3%
85% below US avg (15.2%)
Drive Alone
61.7%
16% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$38,958M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 61.7%
Public Transit 0%
Work From Home 2.3%
Other 36%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
13,778
Restaurants
895
Healthcare
1,126
Retail
1,345
Manufacturing
287

Tax & Financial

IRS Avg Adjusted Gross Income
$90,736
26% above US avg ($72,000)
Avg Property Tax
$2,840
19% below US avg ($3,500)
Cost of Living Index
88.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$71,083
Per Capita Income$39,640
IRS Avg Adjusted Gross Income$90,736
Avg Weekly Wage$1,482
County GDP$38,958M

Hardship Indicators

Unemployment Rate1.0%
Poverty Rate0.0%
Gini Coefficient0.470
Cost of Living Index88.8

Commute

Mean Commute28 minutes
Drive Alone61.7%
Public Transit0.0%
Work From Home2.3%

Businesses

Total Establishments13,778
Restaurants895
Healthcare1,126
Retail1,345
Manufacturing287

Tax

IRS Avg AGI$90,736
Avg Property Tax$2,840