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New Home, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
267
Population
$55,625
Median Income
$237,500
Home Value
36.8
Median Age

Demographics

New Home has a population of 267 with a median age of 36.8. Here is the racial and ethnic breakdown of the population:

White
62.5%
Hispanic
44.9%
Demographic Value
Total Population267
Median Age36.8
White62.5%
Hispanic or Latino44.9%
New Home, Texas — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 107.White: 58.2%Hispanic/Latino: 41.8%267PopulationWhiteWhite58.2%Hispanic/LatinoHispanic/Latino41.8%

Income & Economy

The median household income in New Home is $55,625, which is 31.0% below the national median of $80,610. The per capita income is $27,452. The poverty rate is 23.2%.

$55,625
Median Household Income
$27,452
Per Capita Income
23.2%
Poverty Rate

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Education

In New Home, 90.5% of residents age 25+ have a high school diploma or higher, and 32.0% hold a bachelor's degree or higher (10.1% with a graduate or professional degree).

HS Diploma+
90.5%
Bachelor's+
32.0%
Graduate+
10.1%
Education Level % of Adults (25+)
High School Diploma or Higher90.5%
Bachelor's Degree or Higher32.0%
Graduate or Professional Degree10.1%

Housing

The median home value in New Home is $237,500, below the national median of $303,400. The homeownership rate is 73.8%.

$237,500
Median Home Value
73.8%
Homeownership Rate
Housing Metric Value
Median Home Value$237,500
Homeownership Rate73.8%
Vacancy Rate17.1%

Salaries in Texas

Explore salary data for popular occupations in Texas:

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Other Cities in Texas

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Frequently Asked Questions

What is the population of New Home, Texas?
The population of New Home, Texas is 267 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New Home, Texas?
The median household income in New Home, Texas is $55,625. This is 31.0% below the national median of $80,610.
What is the median home value in New Home, Texas?
The median home value in New Home, Texas is $237,500.
What percentage of people in New Home have a college degree?
In New Home, Texas, 32.0% of adults age 25 and older hold a bachelor's degree or higher, and 90.5% have a high school diploma or higher.
Is New Home, Texas an affordable place to live?
The home price-to-income ratio in New Home, Texas is 4.3x (median home value $237,500 vs. median income $55,625), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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