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CITY · 2020 ACS

New Home

Texas · 326 residents · 1.001 sq mi
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The short version

New Home is wealthier than most US places, with a median household income of $73,750. Population has held roughly steady since 2000. Median home value has more than tripled since 2000, reaching $151,200.

At a glance
Wealthier
above the US median
US median: $66,278
Mid-age
median age 38.0
US median: 38.8
Less educated
25% hold a bachelor's degree
US average: 33%
Less affordable
home values up 152%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
326
+2%since 2000
from 320 in 2000
1990 – 2025
Population density
326 / sq mi
+2%since 2000
from 320 / sq mi in 2000
US average: 280
Median age
38.0
+25%since 2000
from 30.5 in 2000
US average: 38.8
Population, 1990 – 2024
1152994826668501990201020202024New Home
2024267
1990201020202024
Section 02

Income & economy

Median household income
$73,750
+26%inflation adjusted, since 2000
from $39,063 in 2000
US average: $66,278
1990 – 2024
Per capita income
$27,982
+84%since 2000
from $15,222 in 2000
US average: $35,364
Households earning $100K+
50.0%
+25.8 ptssince 2009
from 24.2% in 2009
US average: 43.9%
Poverty rate
6.6%
−3.1 ptssince 2000
from 9.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Transportation & warehousing16.2%
US avg: 2.5%
Information12.5%
US avg: 11.1%
Agriculture, forestry, fishing7.2%
US avg: 1.7%
Construction5.8%
US avg: 1.2%
Finance & insurance4.2%
US avg: 5.5%
Other services4.2%
US avg: 6.6%
Public administration4.2%
US avg: 4.7%
Professional, scientific, technical3.9%
US avg: 4.7%
Wholesale trade3.3%
US avg: 6.7%
Retail trade2.2%
US avg: 10%
Manufacturing1.4%
US avg: 0.5%
Education & health services0.3%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$151,200
+152%inflation adjusted, since 2000
from $40,000 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$588
+34%inflation adjusted, since 2000
from $292 in 2000
US average: $1,124
Owner-occupied
70.2%
−9.8 ptssince 2000
from 80.0% in 2000
29.8% rent
Afford Score
2.1
+100%since 2000
from 1.0 in 2000
1990 – 2024
RELATED:See current rent listings in New Home on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic47.2%(151)
Black0%(0)
Hispanic / Latino52.8%(169)
Asian0%(0)
Other0%
Diversity Score62.3%(199)
2020
White, non-Hispanic46.3%(151)
Black0.9%(3)
Hispanic / Latino50%(163)
Asian0%(0)
Other1.6%(5)
Diversity Score65.6%(214)
Diversity Score
66
+5%since 2000
from 62 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
25.3%
+5.4 ptssince 2000
from 19.9% in 2000
US average: 32.9%
High school or higher
85.5%
+10.8 ptssince 2000
from 74.7% in 2000
US average: 88.5%
Graduate degree
0.2%
−4.6 ptssince 2000
from 4.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
21.7 min
+78%since 2000
from 12.2 min in 2000
US average: 26.9
Drive alone to work
70.8%
−15.0 ptssince 2009
from 85.7% in 2009
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.5%
+3.5 ptssince 2011
from 0.0% in 2011
US average: 5.4%
Labor force participation
74.0%
+24.5 ptssince 2011
from 49.4% in 2011
US average: 63.4%
Management & professional
39.8%
−7.6 ptssince 2009
from 47.4% in 2009
US average: 39.3%
Section 08

People & community

Male
50.9%
−1.4 ptssince 2009
from 52.3% in 2009
Female
49.1%
+1.4 ptssince 2009
from 47.7% in 2009
Foreign born
5.4%
−1.0 ptssince 2009
from 6.3% in 2009
US average: 13.5%
Uninsured
18.3%
−64.7 ptssince 2013
from 83.0% in 2013
US average: 8.8%
Drill deeper

Places similar to New Home

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Pop 336
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Places similar to New Home
Head to head

Compare New Home to nearby cities

NEW HOME VS
Wolfforth
Income$106,250+44%
Home value$260,200+72%
Population8,746+2399%
SEE FULL COMPARISON →
NEW HOME VS
Lubbock
Income$60,895−17%
Home value$212,400+40%
Population273,071+77920%
SEE FULL COMPARISON →
NEW HOME VS
Brownfield
Income$42,150−43%
Home value$100,600−33%
Population8,762+2403%
SEE FULL COMPARISON →
NEW HOME VS
Levelland
Income$58,000−21%
Home value$140,400−7%
Population12,513+3475%
SEE FULL COMPARISON →
Frequently asked

How many people live in New Home, Texas?

New Home, Texas has about 326 residents according to the 2020 American Community Survey.

What is the median household income in New Home, Texas?

The typical household in New Home, Texas earns about $73,750 a year. Half of households make more than that, and half make less.

Is New Home, Texas expensive?

In New Home, Texas, the median home is worth about $151,200, and the typical rent is about $588 a month.

How educated are people in New Home, Texas?

About 25.3% of adults age 25 and over in New Home, Texas hold a bachelor's degree or higher.

What is the poverty rate in New Home, Texas?

About 6.6% of people in New Home, Texas live below the federal poverty line.

Has New Home, Texas grown since 1990?

Yes, New Home, Texas has grown since 1990. The population has added about 150 residents, a change of about 85 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →