New Deal, TN
Population 214 · Tennessee
About New Deal, TN
New Deal is a small community located in Tennessee with a population of 214 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,250 per year, which is 24% below the national median of $75,149. The median age of 60.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in New Deal features a median home value of $242,500, which is 1% below the national median of $244,900. This positions New Deal in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 102 total housing units, 95% are owner-occupied (92 units) and 5% are renter-occupied (5 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Deal shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.2%, above the national average of 12.4%. Workers in New Deal have an average one-way commute time of 31.3 minutes.
Education & Demographics
7.9% of New Deal residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in New Deal, TN
Compared to national averages, New Deal has a median household income of $57,250 (24% below the national median of $75,149). Home values average $242,500, which is 1% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Tennessee, New Deal's income is 9% below the state average of $62,849, and home values are 13% above the state median of $214,371.
Why Live in New Deal, TN?
New Deal offers affordable housing with a median home value of $242,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($57,250) that falls below the national average. However, New Deal’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Deal has a population of 214 with a median age of 60.6 years. Compare New Deal with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near New Deal
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oak Grove CDP (Sumner County), Tennessee | 216 | $100,313 | $300,000 | Compare |
| Randolph | 216 | $63,542 | $208,300 | Compare |
| Ocoee | 210 | $174,773 | $0 | Compare |
| Briceville | 209 | $0 | $0 | Compare |
| Farner | 204 | $24,871 | $103,600 | Compare |
| Iron City | 226 | $17,500 | $54,700 | Compare |
| Elgin | 194 | $22,656 | $0 | Compare |
| Morris Chapel | 235 | $28,688 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare New Deal With Other Cities
Frequently Asked Questions about New Deal
What is the population of New Deal, TN?
The population of New Deal, TN is 214 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Tennessee.
What is the median household income in New Deal?
The median household income in New Deal, TN is $57,250 per year, which is 24% below the national median of $75,149.
What is the median home value in New Deal?
The median home value in New Deal, TN is $242,500, which is 1% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Deal?
The median monthly rent in New Deal, TN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in New Deal?
The unemployment rate in New Deal, TN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New Deal, TN a good place to live?
New Deal offers a moderate cost of living, affordable housing, and a strong job market. With a population of 214 and a median age of 60.6, the city appeals to established professionals and retirees.
How educated is New Deal, TN?
7.9% of residents in New Deal aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in New Deal?
Key cost-of-living indicators for New Deal, TN: median home value is $242,500 (1% below national), median rent is $0/month, and median household income is $57,250. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in New Deal?
The poverty rate in New Deal, TN is 15.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is New Deal, TN?
New Deal's population is 0.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.