New Home, TX
Population 355 · Texas
About New Home, TX
New Home is a small community in Texas with a population of 355 residents. The median household income is $56,563 per year, which is near the national average. The median age in New Home is 36.6 years.
Housing in New Home has a median home value of $148,400 and median monthly rent of $0. Of the 158 total housing units, the majority are owner-occupied, with 105 owner-occupied and 32 renter-occupied units.
The unemployment rate in New Home is 9.9% and the poverty rate is 20.6%. 28.4% of residents hold a bachelor's degree or higher. The average commute time is 22.6 minutes.
Cost of Living in New Home, TX
Compared to national averages, New Home has a median household income of $56,563 (25% below the national median of $75,149). Home values average $148,400, which is 39% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, New Home's income is 22% below the state average of $72,726, and home values are 30% below the state median of $211,769.
Why Live in New Home, TX?
New Home offers affordable housing with a median home value of $148,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 22.6 minutes.
Potential considerations include median household income ($56,563) that falls below the national average. However, New Home’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Home has a population of 355 with a median age of 36.6 years. Compare New Home with other cities to see how it stacks up, or explore all cities in Texas.
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Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New Home
What is the population of New Home, TX?
The population of New Home, TX is 355 according to the latest Census data.
What is the median household income in New Home?
The median household income in New Home, TX is $56,563 per year.
What is the median home value in New Home?
The median home value in New Home, TX is $148,400.
What is the average rent in New Home?
The median monthly rent in New Home, TX is $0.
What is the unemployment rate in New Home?
The unemployment rate in New Home, TX is 9.9%.