New Market, Alabama Population 2024

1,075

New Market is a city located in Madison County Alabama. New Market has a 2024 population of 1,075. New Market is currently declining at a rate of -0.92% annually and its population has decreased by -3.59% since the most recent census, which recorded a population of 1,115 in 2020.

The average household income in New Market is $87,781 with a poverty rate of 7.31%. The median age in New Market is 35.8 years: 33.7 years for males, and 41.7 years for females.

New Market Demographics

According to the most recent ACS, the racial composition of New Market was:

  • White: 82.01%
  • Black or African American: 11.96%
  • Native American: 3.93%
  • Asian: 2.1%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
  • Two or more races: 0%
State
Alabama
Land Area (mi²)
17.5 sq mi
Density (mi²)
61.30/sq mi
Growth Since 2020
-3.59% (-40)
The current population of New Market, Alabama is 1,075 based on our projections of the latest US Census estimates (released May 2024). The last official US Census in 2020 recorded the population at 1,115.

Population by Race

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Race
Population
Percentage (of total)
White89882.01%
Black or African American13111.96%
Native American433.93%
Asian232.1%
Native Hawaiian or Pacific Islander00%
Other race00%
Two or more races00%

White

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Two or more races

New Market Population by Race

New Market Population Pyramid 2024

New Market Median Age

35.8

Total

33.7

Male

41.7

Female

New Market Adults

There are 828 adults, (44 of whom are seniors) in New Market.

New Market Age Dependency

39.7

Age Dependency Ratio

5.6

Old Age Dependency Ratio

34.1

Child Dependency Ratio

New Market Sex Ratio

Female58153.06%
Male51446.94%

New Market Population by Age

New Market Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All4512.4380.319.7
Married1942.7993.36.7
Non Family1571.1377.122.9
Female724.5761.138.9
Male281.7157.142.9

3.04

Average Family Size

2.43

Average Household Size

80.3%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

New Market Households and Families

Male

Female

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Education Attained
Count
Percentage
9th to 12th Grade718.88%
Associates Degree435.38%
Bachelors Degree17021.25%
Graduate Degree131.63%
High School Graduate33341.63%
Less Than 9th Grade00%
Some College17021.25%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

New Market Educational Attainment by Sex (over 25)

New Market Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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Race
Total
High School
Bachelors
White610575160
Black97970
Hispanic4480
Native American26260
Asian232323

The highest rate of high school graduation is among black people with a rate of 100%.

The highest rate of bachelors degrees is among asian people with a rate of 100%.

New Market Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Bachelors Degree$110,446$0$0
Graduate Degree$0$0$0
High School Graduate$46,382$45,691$48,641
Less Than 9th Grade$32,465$32,465$0
Overall$45,553$46,154$43,438
Some College$30,125$0$30,625

$45,553

Average Earnings

$46,154

Average Male

$43,438

Average Female

New Market Earnings by Educational Attainment

New Market Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

New Market Language

94.37% of New Market residents speak only English, while 5.63% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 3.44% of the population.

New Market Language

New Market Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White832566.73%
Black1312418.32%

7.31%

Overall Poverty Rate

4.67%

Male Poverty Rate

9.64%

Female Poverty Rate

Poverty in New Market

The race most likely to be in poverty in New Market is Black, with 18.32% below the poverty level.

The race least likely to be in poverty in New Market is White, with 6.73% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 14.29%, and for those that did not work, the poverty rate was 20.97%.

New Market Poverty

rate

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Rate
Poverty
Bachelors or Greater30.6%
Some College11.27%
Less Than 9th Grade0%
High School0%

New Market Poverty Rate by Education

rate

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Rate
Poverty
Male Employed6.86%
Male Unemployed0%
Female Employed0%
Female Unemployed0%

New Market Poverty Rate by Employment Status and Sex

New Market Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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Name
Median
Mean
Families$85,987$114,380
Households$61,188$87,781
Married Families$94,750$-999,999,999
Non Families$31,563$36,920

mean

median

Income by Household Type

New Market Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

47.5%

Overall Marriage Rate

56.9%

Male Marriage Rate

38.9%

Female Marriage Rate

New Market Married by Age and Sex

male

female

New Market Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 45-54.

New Market Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

New Market Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

123

Number of Veterans

113

Male Veterans

10

Female Veterans

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War
Veterans
Second Gulf War63
Vietnam31
First Gulf War29
Korea0
World War II0

New Market Veterans by War

count

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Age Group
Veterans
35 to 5439
18 to 3434
65 to 7420
55 to 6419
75+11

New Market Veterans by Age

count

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Name
Veterans
% of Total
White12318.33%

New Market Veterans by Race

New Market Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0%

Veteran Poverty Rate

41.46%

Veteran Disability Rate

New Market Veterans by Education

LaborForceParticipation

70.3%

Labor Force Participation

69%

Employment Rate

1.8%

Unemployment Rate

New Market Employment by Age

LaborForceParticipation

New Market Employment by Race

LaborForceParticipation

New Market Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

69.86%

Born in New Market

94.61%

Native Born

5.39%

Foreign Born

5.39%

Non Citizen

0%

Naturalized

Place of Birth

94.61% of New Market residents were born in the United States, with 69.86% having been born in Alabama. 5.39% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

New Market Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20241,075-10-0.92%
20231,085-10-0.91%
20221,095898.85%
20211,006-109-9.78%
20201,115-7-0.62%
20191,122-83-6.89%
20181,205-101-7.73%
20171,3061058.74%
20161,201-209-14.82%
20151,410-186-11.65%
20141,596744.86%
20131,522-105-6.45%
20121,627-298-15.48%
20111,92532820.54%
20101,59700%

New Market Population by Year