Alabama · Census place 54312
New Market CDP, AL
Quick answer
New Market CDP has 1,296 residents, ranking #291 of 593 places in Alabama. Median household income is $71,083, the median home is worth $113,400 and median gross rent runs $967 a month.
- Population
- 1,296New Market CDP residents
- Median household income
- $71,083Past 12 months, inflation adjusted
- Median home value
- $113,400Owner-occupied units
- Median gross rent
- $967Rent plus utilities, monthly
- Median age
- 37.7 yrsAll residents
- Homeownership rate
- 79.9%Owner-occupied households
What the numbers mean in New Market CDP
Housing cost measured against local earnings.
A household earning the New Market CDP median would spend about 16.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.4% of residents and 79.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Alabama.
- Bear Creek town 1,317
- Rock Creek CDP 1,313
- Locust Fork town 1,312
- Steele town 1,293
- Woodstock town 1,282
- Magnolia Springs town 1,278
- Rogersville town 1,260
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More Alabama coverage.