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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

New Home, TX

At a Glance

Median Income
$56,563
25% below
$26,700 per capita
Home Value
$148,400
47% below
Zillow: $269,291
Violent Crime
195/100K
49% below
1,094/100K property
Bachelor's Degree+
28.4%
16% below
87.2% high school+
Unemployment
7.0%
94% above
17.7% poverty rate
Obesity Rate
37.0%
15% above
13.0% smoking rate
Avg Temperature
62°F
328 sunny days/yr

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)

Income
75%
Home Value
53%
Poverty
143%
Bachelor's
84%
Unemployment
194%
Crime
51%
Thin vertical line = U.S. national average (100%)

Is New Home a Good Place to Live?

B
3.0 / 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 7.0% (94% 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.

Safety & Crime

New Home reports 195 violent crimes per 100,000 residents , which is 49% below the national average of 380/100K. Property crime is 1,094/100K.

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. The area gets 328 sunny days per year. Annual precipitation totals 20.7 inches. Air quality is rated Good with a median AQI of 42.

Data Overview

People

Population355
Median Age36.6 yrs
Density355/mi²
Male / Female51% / 49%
Foreign Born13.6%
Veterans3.5%

Economy

C+
Median Income$56,563
Per Capita$26,700
Unemployment7.0%
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%

Crime

F
Violent195/100K
Property1,094/100K

Health

Obesity37.0%
Diabetes12.7%
Smoking13.0%
Heart Disease5.7%
Premature Death13,311/100K

Climate

Avg Temp62°F
Sunny Days328/yr
Rain20.7 in/yr
AQI42 (Good)
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.
14.2% of the population has a disability.
13.6% of residents are foreign-born.
The county recorded 4 fatal vehicle crashes.
91 declared natural disasters on record.