New Market is a very small town located in the state of Alabama. With a population of 1,659 people and two constituent neighborhoods, New Market is the 240th largest community in Alabama.
New Market real estate is some of the most expensive in Alabama, although New Market house values don't compare to the most expensive real estate in the U.S.
Unlike some towns where white-collar or blue-collar occupations dominate the local economy, New Market is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, New Market is a town of professionals, sales and office workers, and service providers. There are especially a lot of people living in New Market who work in office and administrative support (13.61%), sales jobs (8.65%), and healthcare (8.40%).
Also of interest is that New Market has more people living here who work in computers and math than 95% of the places in the US.
Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, New Market is worth considering.
One downside of living in New Market, however, is that residents on average have to contend with a long commute, spending on average 31.47 minutes every day commuting to work.
As is often the case in a small town, New Market doesn't have a public transportation system that people use for their commute.
The population of New Market overall has a level of education that is slightly above the US average for all US cities and towns of 21.84%. Of adults 25 and older in New Market, 22.33% have at least a bachelor's degree.
The per capita income in New Market in 2010 was $27,166, which is wealthy relative to Alabama, and upper middle income relative to the rest of the US. This equates to an annual income of $108,664 for a family of four. However, New Market contains both very wealthy and poor people as well.
New Market is a very ethnically-diverse town. The people who call New Market home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Market residents report their race to be White, followed by Black or African-American. Important ancestries of people in New Market include German, English, Scots-Irish, and Italian.
The most common language spoken in New Market is English. Other important languages spoken here include Spanish and African languages.