The Town FilesNew Market, Alabama
Community in Madison County · population 1,543 (2020 Census)
- Median home
- $112,500
- Household income
- $62,500
- Jan low / Jul high
- 31° / 89°
- Snow a year
- 1 in
- Tornadoes ≤10 mi since 1950
- 56
- Median age
- 38.3
New Market is a community of 1,543 people in Madison County, Alabama. The median home is worth $112,500, below the typical Alabama town ($161,250). It ranks better for first-time buyers than 98% of Alabama towns, quieter than 78% of Alabama towns.
How New Market ranks
Percentile among Alabama towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Alabama towns.
Homes and cost of living
The median home in New Market is worth $112,500, below the typical Alabama town ($161,250). Homes cost about 1.8 times the median household income of $62,500, which is more affordable than 94% of Alabama towns. Median rent is $1,054 a month. 86.9% of households own their home.
| Housing | New Market | Typical Alabama town |
|---|---|---|
| Median home value | $112,500 | $161,250 |
| Median rent | $1,054 | $834 |
| Median household income | $62,500 | $56,250 |
| Home value ÷ income | 1.8× | 2.8× |
| Homeownership | 86.9% | 71.3% |
| Median year built | 1992 | 1981 |
| Seasonal / vacation homes | 0.0% | — |
Who lives in New Market
| People | New Market | Typical Alabama town |
|---|---|---|
| Median age | 38.3 | 39.9 |
| Age 65 and over | 6.5% | 18.1% |
| Under 18 | 25.4% | — |
| Bachelor's degree or higher | 23.8% | 17.3% |
| Below the poverty line | 10.1% | 16.7% |
| Veterans | 9.9% | — |
| Born outside the U.S. | 4.5% | — |
| Work from home | 5.0% | 5.1% |
| Average commute | 27.7 min | 26.1 min |
| Homes with broadband | 88.1% | 86.7% |
Weather in New Market
July highs average 88.8°F and January lows 30.5°F. About 59.8 inches of rain and melted snow fall a year, with 1.1 inches of snow (typical Alabama town: 0.6 in). Expect about 51 days a year at 90°F or hotter and 72 nights at or below freezing.
Tornadoes, storms and disasters
56 tornadoes have passed within 10 miles of New Market since 1950, compared with 30 for the typical Alabama town. 23 rated (E)F2 or stronger. The strongest, an F5, struck on April 3, 1974 about 6.5 miles from the town center and killed 5. Tornadoes within 10 miles have caused 24 deaths and 319 injuries since 1950. The most recent was on May 20, 2025.
Hail of 1 inch or larger has been reported within 10 miles 61 times; the largest was 2.75 inches on April 10, 2009.
Severe weather in Madison County since 1996
Madison County has been included in 21 federal disaster or emergency declarations since 1953, most often for flood, drought, tornado.
| Declared | Incident | Declaration |
|---|---|---|
| September 26, 2024 | Hurricane | EM-3618: Hurricane Helene |
| September 14, 2020 | Hurricane | EM-3545: Hurricane Sally |
| March 29, 2020 | Biological | DR-4503: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3472: Covid-19 |
| April 17, 2019 | Severe Storm | DR-4426: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
Jobs and pay in Madison County
Madison County had 229,807 jobs in 2024, paying an average of $77,051 a year. Unemployment was 2% in 2023; in New Market itself the ACS puts it at 2.3%.
Public schools in New Market
5 public schools with 3,327 students, about 19.1 students per teacher.
| School | Grades | Students | Per teacher |
|---|---|---|---|
| Buckhorn High School | 9-12 | 1,295 | 19.6 |
| Buckhorn Middle School | 7-8 | 708 | 20.2 |
| Moores Mill Intermediate School | 3-5 | 621 | 20.7 |
| New Market School | PK-6 | 428 | 17.1 |
| Walnut Grove School | PK-6 | 275 | 15.3 |
Towns near New Market
- Moores Mill, AL6.0 mi · 6,729 people · home $274,000
- Hazel Green, AL8.3 mi · 4,105 people · home $230,800
- Meridianville, AL8.9 mi · 8,209 people · home $291,900
- Flintville, TN11.6 mi · 722 people · home $236,800
- Gurley, AL13.4 mi · 816 people · home $194,800
- Huntland, TN14.5 mi · 886 people · home $183,100
- Park City, TN15.6 mi · 2,422 people · home $216,700
- Skyline, AL18.4 mi · 834 people · home $123,800
New Market questions
Is New Market, Alabama a good place to retire?
On The Town Files lifestyle rankings, New Market scores better for retirees than 37% of Alabama towns and quieter than 78%. 6.5% of residents are 65 or older (median age 38.3).
How much does a house cost in New Market?
The median owner-occupied home in New Market is valued at $112,500 (Census ACS 2020–2024), against a median household income of $62,500, so homes cost about 1.8 times income. Median rent is $1,054 a month.
What is the weather like in New Market?
July highs average 88.8°F and January lows 30.5°F (NOAA 1991–2020 normals). It gets about 59.8 inches of precipitation a year and 1.1 inches of snow.
Does New Market get tornadoes?
56 tornadoes have passed within 10 miles of New Market since 1950 (NOAA Storm Events); the strongest was a F5 on April 3, 1974. The typical Alabama town has had 30.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)