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The total population of New Home is estimated to be 367 with 190 males (51.77%) and 177 females (48.23%). There are 13 less females than males in New Home.
The median household income in New Home was $84,372 in 2021, which marked an an increase of 803(0.96%) from $83,569 in 2020. This income is 113.09% 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 Home sees its highest median household income among householders in the age group of 25 to 44 years old, at $113,496. Overall, the median household income for the city of New Home stands at $84,372.
In New Home, the median income for all workers aged 15 years and older, regardless of work hours, was $52,424 for males and $23,915 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,908 for males and $40,873 for females.
In New Home, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $98,363, followed by White households at $85,701, and Some Other Race households with a median household income of $29,388.
In 2022, the population of New Home was 339, a 2.73% increase year-by-year from 2021. Previously, in 2021, New Home's population was 330, an increase of 2.17% compared to a population of 323 in 2020.
The median age in New Home, TX is 38.0, as per 2021 ACS 5-Year Estimates. Of the total population, 27.02% were under the age of 15, 14.92% aged 15 to 29, 48.39% aged 30 to 64, 9.27% aged 65 to 84, and 0.40% were 85 years of age and older.
Racial distribution of New Home population: 88.31% are White, 0.20% are Black or African American, 8.87% are some other race and 2.62% are multiracial.