New Market is a city located in Madison County Alabama. New Market has a 2020 population of 1,533. New Market is currently declining at a rate of -0.33% annually and its population has decreased by -0.65% since the most recent census, which recorded a population of 1,543 in 2010.
The average household income in New Market is $84,752 with a poverty rate of 21.08%. The median rental costs in recent years comes to $639 per month, and the median house value is $113,000. The median age in New Market is 45.1 years, 34.3 years for males, and 46 years for females.
According to the most recent ACS, the racial composition of New Marketwas:
Race | Population | Percentage |
---|---|---|
White | 942 | 84.48% |
Black or African American | 89 | 7.98% |
American Indian and Alaska Native | 32 | 2.87% |
Two or More Races | 52 | 4.66% |
Type | Count | Average Size | Owned |
---|---|---|---|
All | 517 | 2.16 | 77.6 |
Married | 245 | 2.73 | 91.4 |
Male | 33 | 2.03 | 51.5 |
Female | 55 | 3.55 | 20 |
Non Family | 184 | 0 | 81 |
2.8
Average Family Size
2.16
Average Household Size
Education Attained | Count | Percentage |
---|---|---|
Less Than 9th Grade | 35 | 4.04% |
9th to 12th Grade | 51 | 5.88% |
High School Graduate | 383 | 44.18% |
Some College | 125 | 14.42% |
Associates Degree | 56 | 6.46% |
Bachelors Degree | 181 | 20.88% |
Graduate Degree | 36 | 4.15% |
Race | Total | High School | Bachelors |
---|---|---|---|
White | 762 | 701 | 217 |
Black | 48 | 48 | |
Native American | 32 | 32 | |
Hispanic | 25 |
The highest rate of high school graduation is among black people with a rate of 100.00%.
The highest rate of bachelors degrees is among white people with a rate of 28.48%.
97.64% of New Market residents speak only English, while 2.36% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 2.36% of the population.
Name | Total | In Poverty | Poverty Rate |
---|---|---|---|
White | 917 | 183 | 19.96% |
Other | NaN% | ||
Multiple | 52 | 52 | 100.00% |
21.08%
Overall Poverty Rate
18.98%
Male Poverty Rate
22.72%
Female Poverty Rate
The race most likely to be in poverty in New Market is White, with 19.96% below the poverty level.
The race least likely to be in poverty in New Market is Multiple, with 100.00% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 4.69%. Among those working part-time, it was 27.92%, and for those that did not work, the poverty rate was 33.04%.
53.5%
Overall Marriage Rate
63.7%
Male Marriage Rate
44.7%
Female Marriage Rate
The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 35-44.
Name | Veterans | % of Total |
---|---|---|
White | 125 | 15.88% |
0.00%
Veteran Poverty Rate
30.40%
Veteran Disability Rate
68.8%
Labor Force Participation
63.1%
Employment Rate
8.2%
Unemployment Rate
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
65.02%
Born in New Market
97.76%
Native Born
2.24%
Foreign Born
2.24%
Non Citizen
0.00%
Naturalized
97.76% of New Market residents were born in the United States, with 65.02% having been born in Alabama. 2.24% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.
Year | Population | Growth | Annual Growth Rate |
---|---|---|---|
2010 | 1,597 | 0.00% | |
2011 | 1,592 | -5 | -0.31% |
2012 | 1,587 | -5 | -0.31% |
2013 | 1,582 | -5 | -0.32% |
2014 | 1,577 | -5 | -0.32% |
2015 | 1,572 | -5 | -0.32% |
2016 | 1,567 | -5 | -0.32% |
2017 | 1,562 | -5 | -0.32% |
2018 | 1,557 | -5 | -0.32% |
2019 | 1,552 | -5 | -0.32% |
2020 | 1,543 | -9 | -0.58% |
2021 | 1,538 | -5 | -0.32% |
2022 | 1,533 | -5 | -0.33% |