At a Glance
Median Income
$56,563
$26,700 per capita
Home Value
$148,400
Zillow: $269,291
Bachelor's Degree+
28.4%
87.2% high school+
Unemployment
9.9%
17.7% poverty rate
Obesity Rate
37.0%
13.0% smoking rate
How New Home Compares to the U.S. Average
Each bar shows New Home's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is New Home a Good Place to Live?
B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
New Home residents earn a median household income of $56,563 , which is 25% below the national average of $75,149.
Per capita income is $26,700. The unemployment rate stands at 9.9% (175% above the U.S. rate of 3.6%). 17.7% of residents live below the poverty line. The area is home to 188 business establishments, including 5 restaurants.
Housing & Cost of Living
The median home value in New Home is $148,400 , 47% below the national median of $281,900.
Zillow estimates the typical home at $269,291. The cost of living index is 97.1 (100 = national average). The median home was built in 1968.
Education
28.4% of adults in New Home hold a bachelor's degree or higher
(16% below the national average).
87.2% have completed high school. Local schools score 5.2/10 in standardized testing.
Climate & Weather
New Home has an average annual temperature of 62°F (17°C).
Winters average 42°F in January while summers reach 81°F in July. Annual precipitation totals 20.7 inches.
Data Overview
People
Population355
Median Age36.6 yrs
Density355/mi²
Male / Female51% / 49%
Foreign Born5.1%
Veterans3.4%
Economy
C
Median Income$56,563
Per Capita$26,700
Unemployment9.9%
Poverty17.7%
County GDP$353M
Avg Weekly Wage$1,216
Housing
A+
Home Value$148,400
Rent
Ownership76.6%
Zillow$269,291
Housing Units147
Rent Burden9.0%
Health
Obesity37.0%
Diabetes12.7%
Smoking13.0%
Heart Disease5.7%
Premature Death13,311/100K
Climate
Avg Temp62°F
Rain20.7 in/yr
Elevation3,238 ft
Education
B
Bachelor's+28.4%
High School+87.2%
Graduate+3.7%
School Score5.2/10
Community
2024 VoteR 85% / D 14%
Commute23 min
Broadband89.8%
Internet Speed45 Mbps
EV Stations30
Libraries1
Did You Know?
The median home in New Home was built in 1968.
The nearest airport is Lubbock Preston Smith International (24 miles).
The Gini coefficient (income inequality) is 0.479 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
10.4% of the population has a disability.
The county recorded 4 fatal vehicle crashes.
91 declared natural disasters on record.