Everything You Should Know Before Moving to New Home, TX
Thinking of moving to New Home, TX? With a friendly population of about 1,150, this small-town community offers affordable living, with median home values around $278,000 and average rents at $1,100. Enjoy low crime rates, sunny weather with over 72% sunny days a year, and quick commutes averaging just under 24 minutes. Families benefit from quality local schools and easy access to major healthcare in nearby Lubbock. Explore New Home for peaceful living and a welcoming Texas atmosphere.
Demographics - New Home, TX
Demographics - New Home, TX
New Home, TX is home to about 1,150 residents, featuring a young median age of 32.1 and a balanced gender ratio. The community is predominantly White, with over 9% of residents speaking a language other than English at home, making it a welcoming and diverse small town.
Population:
1,150
Density:
230 per sq mi
Median Age:
32.1
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
9.4%
Ethnic Composition
White:
80.5%
Black:
2.1%
Asian:
1.2%
Others:
16.2%
Cost Of Living
What is the average cost of living in New Home, TX?
Living in New Home is budget-friendly, with a cost of living index of 88.6, well below the national average. Median home values are around $278,000 and average rents are $1,100, while residents benefit from Texas' lack of state income tax.
Median House Value:
$278,000
Gross Rent:
$1,100
Monthly Electricity Charges:
$125
Auto Insurance:
$1,550
House Owner Cost With Mortgage:
$1,520
House Owner Cost Without Mortgage:
$495
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
88.6
Grocery:
89.1
Housing:
82.7
Utilities:
93.2
Transportation:
92.3
Health Care:
94.7
Miscellaneous:
91.5
Crime
Is New Home, TX a safe place to live?
New Home enjoys low crime rates, with just 85 violent crimes per 100,000 residents and a 1 in 1,175 chance of experiencing violent crime. Property crime is also modest, contributing to the town’s safe and family-friendly environment.
Violent Crimes Per 100k:
85
Property Crimes Per 100k:
630
Crime Index:
715
Chance Of Violent Crime:
1 in 1,175
Chance Of Property Crime:
1 in 183
Weather
What is the weather like in New Home, TX year-round?
Residents of New Home experience a sunny climate, with 72% of days filled with sunshine each year. Seasonal temperatures range from mild winters averaging 27°F to 58°F, to warm summers reaching up to 94°F, and the area receives about 20 inches of annual rainfall.
Winter
Min:
27°F
Max:
58°F
Spring
Min:
43°F
Max:
75°F
Summer
Min:
67°F
Max:
94°F
Fall
Min:
45°F
Max:
80°F
Average Rainfall Inches:
19.8 inches
Sunny Days Percentage:
72%
Neighbors
The community features strong household incomes, with a median of $89,000 and a low poverty rate of 4.1%. Most residents have at least a high school diploma, and average commute times are under 24 minutes, reflecting a comfortable and stable local lifestyle.
Median Income:
$38,500
Household Income:
$89,000
Family Income:
$98,200
Per Capita Income:
$32,900
Income Male:
$44,500
Income Female:
$36,200
Poverty Rate:
4.1%
Non English Speakers:
9.4%
Rent:
$1,100
Unemployment Rate:
3.2%
Public Transport Usage:
0.6%
Commute Time:
23.8 minutes
Education
High School or Higher:
92.5%
Bachelors or More:
31.2%
Education
How are the schools in New Home, TX?
Families in New Home benefit from a well-regarded public school serving around 550 students, offering small class sizes with a student-teacher ratio of 13.9. For higher education, Texas Tech University is just 22 miles away, providing a wide range of academic opportunities.
Public Schools
Name:
New Home School
Street:
108 N Main Ave
Phone:
806-924-7543
Students:
550
Student Teacher Ratio:
13.9
Colleges
Name:
Texas Tech University
City:
Lubbock
State:
TX
Distance:
22 miles
Students:
40,000
Healthcare
Quality healthcare is easily accessible, with major hospitals like Covenant Medical Center and University Medical Center located in nearby Lubbock. The area has 2.3 physicians per 1,000 residents and health insurance coverage for over 87% of the population.
Major Hospitals
Name:
Covenant Medical Center
Address:
3615 19th St, Lubbock, TX 79410
Phone:
(806) 725-0000
Type:
General & Surgical
Emergency Services:
Yes
Name:
University Medical Center
Address:
602 Indiana Ave, Lubbock, TX 79415
Phone:
(806) 775-8200
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.3
Health Insurance Coverage:
87.3%
Health Care Index:
78.5
Housing Market
What is the housing market like in New Home, TX?
New Home’s housing market is stable, with a median home price of $278,000 and owner-occupancy at 81%. Home values have appreciated by nearly 5% over the past year, while rental vacancies remain low, making it a solid choice for both buyers and renters.
Median Home Price:
$278,000
Average Rent For 2 Bedroom:
$1,100
Owner Occupied Rate:
81.1%
Rental Vacancy Rate:
5.9%
Home Appreciation Rate (1yr):
4.9%
New Construction Rate:
3.2%
Foreclosure Rate:
0.3%
DMV Information
Vehicle registration, licensing, and title services are provided by the Texas Department of Motor Vehicles, with resources available online and at the main office in Austin. Residents can access convenient information and support for all DMV needs.
State:
Texas
Department:
Texas Department of Motor Vehicles
Address:
4000 Jackson Ave, Austin, TX 78731
Phone:
1-888-368-4689
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.