New Deal, TX
Population 927 · Texas
About New Deal, TX
New Deal is a small community located in Texas with a population of 927 residents according to the latest US Census Bureau American Community Survey data. The median household income is $95,375 per year, which is 27% above the national median of $75,149. The median age of 45.2 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 $0, which is 100% below the national median of $244,900. This makes New Deal one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 363 total housing units, 91% are owner-occupied (288 units) and 9% are renter-occupied (30 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Deal shows an unemployment rate of 0.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 21.4%, above the national average of 12.4%. Workers in New Deal have an average one-way commute time of 17 minutes, one of the shorter commutes in the region.
Education & Demographics
11.7% 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 29.3% White, 7.2% Hispanic or Latino, 0.0% Black or African American, and 11.8% Asian residents, with 2.7% of the population being foreign-born.
How New Deal Ranks in Texas
Cost of Living in New Deal, TX
Compared to national averages, New Deal has a median household income of $95,375 (27% above the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, New Deal's income is 31% above the state average of $72,726, and home values are 100% below the state median of $211,769.
Why Live in New Deal, TX?
New Deal offers a strong local economy with a median household income of $95,375, well above the national average, and affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.5%, and short commute times averaging just 17 minutes.
New Deal has a population of 927 with a median age of 45.2 years. Compare New Deal with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near New Deal
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Callender Lake | 926 | $43,250 | $152,700 | Compare |
| Bigfoot | 929 | $0 | $380,000 | Compare |
| Beaver Creek | 923 | $63,393 | $93,200 | Compare |
| East Mountain | 921 | $66,250 | $176,800 | Compare |
| East Tawakoni | 933 | $53,056 | $165,000 | Compare |
| Tye | 933 | $54,038 | $58,000 | Compare |
| Bogata | 935 | $38,906 | $101,500 | Compare |
| Earth | 937 | $47,303 | $76,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
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, TX?
The population of New Deal, TX is 927 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Texas.
What is the median household income in New Deal?
The median household income in New Deal, TX is $95,375 per year, which is 27% above the national median of $75,149.
What is the median home value in New Deal?
The median home value in New Deal, TX is $0, which is 100% 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, TX 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, TX is 0.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New Deal, TX a good place to live?
New Deal offers above-average incomes, affordable housing, and a strong job market. With a population of 927 and a median age of 45.2, the city appeals to established professionals and retirees.
How educated is New Deal, TX?
11.7% 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, TX: median home value is $0 (100% below national), median rent is $0/month, and median household income is $95,375. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Deal?
The poverty rate in New Deal, TX is 21.4%, 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, TX?
New Deal's population is 29.3% White, 7.2% Hispanic or Latino, 0.0% Black or African American, 11.8% Asian, and 1.1% two or more races. 2.7% of residents are foreign-born.