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The total population of New Fairview is estimated to be 1,637 with 786 males (48.01%) and 851 females (51.99%). There are 65 more females than males in New Fairview.
The median household income in New Fairview was $77,015 in 2021, which marked an a decrease of 10,601(12.10%) from $87,616 in 2020. This income is 103.23% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, New Fairview sees its highest median household income among householders in the age group of 65 years and over old, at $90,358. Overall, the median household income for the city of New Fairview stands at $77,015.
In New Fairview, the median income for all workers aged 15 years and older, regardless of work hours, was $49,557 for males and $29,890 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,357 for males and $46,518 for females.
In New Fairview, there are just two different racial groups among households. Among these, Some Other Race households report a median household income of $170,724, while White households have a median household income of $70,259.
In 2022, the population of New Fairview was 1,515, a 5.28% increase year-by-year from 2021. Previously, in 2021, New Fairview's population was 1,439, an increase of 4.88% compared to a population of 1,372 in 2020.
The median age in New Fairview, TX is 31.1, as per 2021 ACS 5-Year Estimates. Of the total population, 27.80% were under the age of 15, 18.60% aged 15 to 29, 43.93% aged 30 to 64, 8.24% aged 65 to 84, and 1.44% were 85 years of age and older.
Racial distribution of New Fairview population: 81.26% are White, 0.21% are Black or African American, 0.21% are American Indian and Alaska Native, 0.62% are Native Hawaiian and other Pacific Islander, 11.87% are some other race and 5.83% are multiracial.