All Countries
New Home, TX
Full City Profile · Texas · Lynn County County
3.0
/5.0
B
Good
355
Population
355/sq mi density
$56,563
Median Income
$26,700 per capita
$148,400
Home Value
$269,291 Zillow
62°F
Avg Temperature
328 sunny days/yr
195
Violent Crime/100K
1,094 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$56,563 median income, 7.0% unemployment
A+
Affordability
5.0 / 5.0
$148,400 home value, /mo rent
F
Safety
1.0 / 5.0
195 violent crimes/100K
B
Education
3.3 / 5.0
28.4% bachelor's degree or higher
Income Overview
Median Household Income
$56,563
25% below
US avg: $75,149
Per Capita Income
$26,700
32% below
US avg: $39,052
Unemployment Rate
7.0%
94% above
US avg: 3.6%
Poverty Rate
17.7%
43% above
US avg: 12.4%
Income Comparison: New Home vs. U.S. Average
Each bar shows New Home’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$56,563
75%
Per Capita
US: $39,052
$26,700
68%
IRS Avg AGI
US: $72,000
$88,051
122%
Avg Weekly Wage
US: $1,432
$1,216
85%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,216
15% below US avg ($1,432)
Mean Commute Time
23 min
18% below US avg (28 min)
Work From Home
8.1%
47% below US avg (15.2%)
Drive Alone
85.7%
17% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$353M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
85.7%
Public Transit
0%
Work From Home
8.1%
Other
6.2%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
188
Restaurants
5
Healthcare
4
Retail
12
Manufacturing
5
Tax & Financial
IRS Avg Adjusted Gross Income
$88,051
22% above US avg ($72,000)
Avg Property Tax
$8,233
135% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $56,563 |
| Per Capita Income | $26,700 |
| IRS Avg Adjusted Gross Income | $88,051 |
| Avg Weekly Wage | $1,216 |
| County GDP | $353M |
Hardship Indicators
| Unemployment Rate | 7.0% |
| Poverty Rate | 17.7% |
| Gini Coefficient | 0.479 |
| Cost of Living Index | 97.1 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 85.7% |
| Public Transit | 0.0% |
| Work From Home | 8.1% |
Businesses
| Total Establishments | 188 |
| Restaurants | 5 |
| Healthcare | 4 |
| Retail | 12 |
| Manufacturing | 5 |
Tax
| IRS Avg AGI | $88,051 |
| Avg Property Tax | $8,233 |