New Waverly, TX
Population 1,311 · Texas
About New Waverly, TX
New Waverly is a small community in Texas with a population of 1,311 residents. The median household income is $47,589 per year, which is below the national average. The median age in New Waverly is 32.4 years.
Housing in New Waverly has a median home value of $188,000 and median monthly rent of $1,049. Of the 535 total housing units, the majority are owner-occupied, with 273 owner-occupied and 147 renter-occupied units.
The unemployment rate in New Waverly is 3.3% and the poverty rate is 25.3%. 15.9% of residents hold a bachelor's degree or higher. The average commute time is 31 minutes.
Cost of Living in New Waverly, TX
Compared to national averages, New Waverly has a median household income of $47,589 (37% below the national median of $75,149). Home values average $188,000, which is 23% below the national median. Monthly rent at $1,049 is 10% below the US average of $1,163. Within Texas, New Waverly's income is 35% below the state average of $72,726, and home values are 11% below the state median of $211,769.
Why Live in New Waverly, TX?
New Waverly offers affordable housing with a median home value of $188,000, below the US average of $244,900, and rent that’s lower than the national average at $1,049/month, and a strong job market with an unemployment rate of just 3.3%.
Potential considerations include median household income ($47,589) that falls below the national average. However, New Waverly’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Waverly has a population of 1,311 with a median age of 32.4 years. Compare New Waverly with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near New Waverly
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stinnett | 1,311 | $52,500 | $94,100 | Compare |
| Bevil Oaks | 1,308 | $77,073 | $216,400 | Compare |
| Holland | 1,315 | $66,827 | $180,200 | Compare |
| Alvord | 1,318 | $70,294 | $201,400 | Compare |
| Emory | 1,304 | $35,489 | $187,500 | Compare |
| Rancho Alegre | 1,304 | $45,122 | $50,300 | Compare |
| Stratford | 1,321 | $57,639 | $118,000 | Compare |
| Three Rivers | 1,299 | $44,948 | $76,700 | 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.
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Frequently Asked Questions about New Waverly
What is the population of New Waverly, TX?
The population of New Waverly, TX is 1,311 according to the latest Census data.
What is the median household income in New Waverly?
The median household income in New Waverly, TX is $47,589 per year.
What is the median home value in New Waverly?
The median home value in New Waverly, TX is $188,000.
What is the average rent in New Waverly?
The median monthly rent in New Waverly, TX is $1,049.
What is the unemployment rate in New Waverly?
The unemployment rate in New Waverly, TX is 3.3%.