HomeAlabamaMadison CountyNew Market CDP
New Market CDP, Alabama: commercial real estate data.
New Market CDP is a Census CDP of 1,314 people across 17.53 square miles of land, in Madison County. Median household income is $62,500, 86.9 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $1.3 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
New Market
What New Market is
- Census place typeCDP
- Land area17.53 sq mi
- Water area0.03 sq mi
- Population per square mile of land75 plus or minus 25
- County holding the largest share of its areaMadison County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Market
How many people live in New Market
- Population1,314 plus or minus 440
- Median age38.3
- Population under 18334 plus or minus 122
- Share under 1825.4 percent
- Population 65 and over85 plus or minus 59
- Share 65 and over6.5 percent plus or minus 3.9
- Households578 plus or minus 194
- Family households354 plus or minus 145
- Share of households that are families61.2 percent plus or minus 14.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Market
Income and work in New Market
- Median household income$62,500 plus or minus $44,366
- Per capita income$30,808
- Civilian labor force734 plus or minus 320
- Employed717 plus or minus 315
- Unemployed17 plus or minus 26
- Unemployment rate2.3 percent plus or minus 3.4
- Adults 25 and over948 plus or minus 328
- Adults 25 and over with a high school diploma or higher90.1 percent plus or minus 42.6
- Adults 25 and over with a bachelor degree or higher23.8 percent plus or minus 13.9
- Adults 25 and over with a graduate degree6.3 percent plus or minus 7.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Market
Housing in New Market
- Housing units622 plus or minus 223
- Occupied units578 plus or minus 194
- Vacant units44 plus or minus 74
- Vacancy rate7.1 percent plus or minus 11.6
- Owner occupied502 plus or minus 190
- Renter occupied76 plus or minus 59
- Ownership rate86.9 percent
- Median owner-occupied home value$112,500 plus or minus $68,054
- Median gross rent, monthly$1,054 plus or minus $703
- Annual rent as a share of median income20.2 percent plus or minus 19.7
- Single family units426 plus or minus 138
- Share single family68.5 percent plus or minus 33.1
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes196 plus or minus 184
- Median year structure built1992
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Market
How New Market gets to work
- Workers 16 and over who commute651 plus or minus 309
- Commuting under 15 minutes160 plus or minus 136
- Share commuting under 15 minutes24.6 percent plus or minus 17.4
- Commuting 30 minutes or more372 plus or minus 164
- Share commuting 30 minutes or more57.1 percent plus or minus 37.0
- Drove alone70.7 percent plus or minus 44.5
- Carpooled22.3 percent plus or minus 14.7
- Public transport0.0 percent
- Walked2.0 percent plus or minus 2.9
- Worked from home5.0 percent plus or minus 4.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Market
SBA loans in New Market (7(a))
- Approvals2
- Gross approval$1,262,500
- Average approval$631,250
- Median approval$988,000
- Ninetieth percentile approval$988,000
- Largest approval$988,000
- Jobs supported5
- Jobs per approval2.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Madison County, not New Market
Madison County context, not New Market figures
These are Madison County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as New Market measurements.
- Establishments in Madison County9,295
- Employment at those establishments, Madison County191,024
- Covered employment, Madison County229,807
- Average annual pay, Madison County$77,051
- Average weekly wage, Madison County$1,482
- Housing units permitted, Madison County4,710
- Of those, single family, Madison County3,478
- County product, 2024, Madison County$38,958,201,000
- County product change over the prior year, Madison County6.3 percent
- Average income of an arriving household, Madison County$72,367
Every figure in this section is published for Madison County as a whole and is not a measurement of New Market. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
New Market questions, answered from the record.
How many people live in New Market, Alabama?
1,314, in 578 households. New Market CDP covers 17.53 square miles of land, which is 75 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Market in?
Madison County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in New Market?
$62,500. The median owner-occupied home is valued at $112,500. Median gross rent is $1,054 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to New Market businesses?
2 7(a) approvals totalling $1.3 m, across 2 lenders, median approval $988,000. These count approvals to borrowers whose address is in New Market, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to New Market borrowers get paid back?
No rate is published for New Market. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page New Market figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Madison County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of New Market.
Is zoning published for New Market?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.