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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
Housing Overview
Median Home Value
$113,400
60% below
US avg: $281,900
Median Rent
$967/mo
17% below
US avg: $1,163/mo
Homeownership Rate
79.9%
22% above US avg (65.4%)
Total Housing Units
529
Median year built: 1987
Home Value by Source
Census Median
$113,400
Zillow (ZHVI)
$288,013
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.9%
Owner-Occupied
20.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$716/mo
1 Bedroom
$772/mo
2 Bedroom
$936/mo
3 Bedroom
$1,206/mo
4 Bedroom
$1,381/mo
Census median rent:
$967/mo
· Zillow rent:
$1,768/mo
Affordability & Housing Stock
Rent Burden
35.9%
of renters spending 30%+ of income on housing
16% above US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
79.9%
Complete Housing Data
Home Values
| Census Median Value | $113,400 |
| Zillow Home Value (ZHVI) | $288,013 |
Rent
| Census Median Rent | $967 |
| Zillow Rent (ZORI) | $1,768 |
| FMR Studio | $716 |
| FMR 1-Bedroom | $772 |
| FMR 2-Bedroom | $936 |
| FMR 3-Bedroom | $1,206 |
| FMR 4-Bedroom | $1,381 |
Market
Ownership & Stock
| Owner-Occupied | 79.9% |
| Renter-Occupied | 20.1% |
| Homeownership Rate | 79.9% |
| Total Housing Units | 529 |
| Median Year Built | 1987 |
| Rent Burden | 35.9% |