New Market, Alabama (35761) is a small town located in Madison County. The cost of living here is very reasonable with the average two bedroom rent at just $1,060 compared to the national average of $1,430. Additionally, the grocery cost index for New Market is 96 versus 100 in the US. Local companies in New Market include Madison Realty Group, Mark Griffin Remodeling, and Edward Jones Financial Advisor - David C. Browning. Madison Realty Group offers real estate services to both buyers and sellers while Mark Griffin Remodeling provides construction and home remodeling services. Lastly, Edward Jones Financial Advisor - David C. Browning provides financial advice and investment services to his clients.
New Market (zip 35761) has an unemployment rate of 2.5%. The US average is 6.0%.
New Market (zip 35761) has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for New Market (zip 35761)
- The Sales Tax Rate for New Market (zip 35761) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for New Market (zip 35761) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Market (zip 35761)
- The average income of a New Market (zip 35761) resident is $27,923 a year. The US average is $28,555 a year.
- The Median household income of a New Market (zip 35761) resident is $68,864 a year. The US average is $69,021 a year.