New Fairview, TX
Population 1,521 · Texas
About New Fairview, TX
New Fairview is a small town located in Texas with a population of 1,521 residents according to the latest US Census Bureau American Community Survey data. The median household income is $89,531 per year, which is 19% above the national median of $75,149. The median age of 29.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in New Fairview features a median home value of $240,600, which is 2% below the national median of $244,900. This positions New Fairview in a moderately priced market relative to the rest of the country. Median monthly rent is $1,733, 49% above the national average of $1,163/month. Of the 526 total housing units, 85% are owner-occupied (371 units) and 15% are renter-occupied (68 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Fairview shows an unemployment rate of 0.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 25.0%, above the national average of 12.4%. Workers in New Fairview have an average one-way commute time of 37.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
11.0% of New Fairview 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 41.6% White, 2.8% Hispanic or Latino, 1.0% Black or African American, and 2.4% Asian residents, with 15.9% of the population being foreign-born.
How New Fairview Ranks in Texas
Cost of Living in New Fairview, TX
Compared to national averages, New Fairview has a median household income of $89,531 (19% above the national median of $75,149). Home values average $240,600, which is 2% below the national median. Monthly rent at $1,733 is 49% above the US average of $1,163. Within Texas, New Fairview's income is 23% above the state average of $72,726, and home values are 14% above the state median of $211,769.
Why Live in New Fairview, TX?
New Fairview offers a strong local economy with a median household income of $89,531, well above the national average, and affordable housing with a median home value of $240,600, below the US average of $244,900, and a strong job market with an unemployment rate of just 0.8%.
New Fairview has a population of 1,521 with a median age of 29.6 years. Compare New Fairview with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near New Fairview
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gardendale | 1,520 | $96,974 | $367,700 | Compare |
| Runaway Bay | 1,522 | $83,333 | $274,700 | Compare |
| Coahoma | 1,519 | $120,938 | $260,100 | Compare |
| Ralls | 1,524 | $56,438 | $63,300 | Compare |
| Quinlan | 1,514 | $41,450 | $183,000 | Compare |
| Tatum | 1,528 | $70,708 | $200,800 | Compare |
| Bruceville-Eddy | 1,529 | $72,708 | $156,800 | Compare |
| Serenada | 1,513 | $97,083 | $448,700 | 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 Fairview With Other Cities
Frequently Asked Questions about New Fairview
What is the population of New Fairview, TX?
The population of New Fairview, TX is 1,521 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in New Fairview?
The median household income in New Fairview, TX is $89,531 per year, which is 19% above the national median of $75,149.
What is the median home value in New Fairview?
The median home value in New Fairview, TX is $240,600, which is 2% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Fairview?
The median monthly rent in New Fairview, TX is $1,733, which is 49% above the national average of $1,163/month.
What is the unemployment rate in New Fairview?
The unemployment rate in New Fairview, TX is 0.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New Fairview, TX a good place to live?
New Fairview offers above-average incomes, affordable housing, and a strong job market. With a population of 1,521 and a median age of 29.6, the city appeals to young professionals and families.
How educated is New Fairview, TX?
11.0% of residents in New Fairview 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 Fairview?
Key cost-of-living indicators for New Fairview, TX: median home value is $240,600 (2% below national), median rent is $1,733/month, and median household income is $89,531. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Fairview?
The poverty rate in New Fairview, TX is 25.0%, 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 Fairview, TX?
New Fairview's population is 41.6% White, 2.8% Hispanic or Latino, 1.0% Black or African American, 2.4% Asian, and 0.6% two or more races. 15.9% of residents are foreign-born.