New Market, AL

Full City Profile · Alabama · Madison County County

4.0 /5.0
A Great
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
A
Overall
4.0 / 5.0
Strong
A
Economy
4.4 / 5.0
$71,083 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$113,400 home value, $967/mo rent
C+
Education
2.5 / 5.0
19.0% bachelor's degree or higher

Change Over Time (2013, 2023)

Population Change
-14.8%
1,522 → 1,296
over 10 years
Annual Pop. Growth
-1.59%
Compound annual growth rate
Median Income Change
+52.8%
$46,528 → $71,083
nominal, not inflation-adjusted
Annual Income Growth
+4.33%
Compound annual growth rate

Population Over Time

Total population for New Market across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
1,158
-138 from 2023 (1,296)
Projected Median Income 2030
$95,638
+$24,555 from 2023 ($71,083)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 1,522 - $46,528 -
2015 1,410 -7.4% $59,653 +28.2%
2017 1,306 -7.4% $50,057 -16.1%
2019 1,122 -14.1% $61,696 +23.3%
2021 1,006 -10.3% $45,365 -26.5%
2023 1,296 +28.8% $71,083 +56.7%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.