There are 8 retirement homes serving New Market, Alabama. This includes 1 in New Market and 7 nearby. The daily costs of retirement home care in Alabama range from $17 to $106, with an average expense running approximately $53. The per month cost averages around $1,591 and ranges between $495 and $3,168. On an annual basis, the median cost is around $19,100, which is below the national average of $23,100.
Retirement home living costs in New Market range from $1,891 per month to $2,104 per month, with a median cost of about $1,998 per month. That equates to a yearly cost of around $23,968.
New Market is a small city in the State of Alabama. It is located in Madison County and is part of the Huntsville metropolitan area. While the surrounding statistical area includes 336,627 residents, there are 11,630 residing in the city limits. Residents who are 55 and over comprise approximately 20% of the total community.
New Market has a medium SeniorScore™ of 68. The median home price in the city is $193,500, which is relatively higher than the state average of $145,500. New Market also has a low unemployment rate of roughly 4.81%. The city's median household income is $53,000 ($26,000 per capita), vs the average of $40,000 for the whole of Alabama.
New Market has mild mean temperatures, with very mild winters and temperate summers. The area gets very heavy levels of rainfall annually. In relation to similarly-sized cities, New Market has better than average air quality ratings.