Living in New Fairview, Texas
Cost of living, income, home prices, rent and demographics of New Fairview · Census data 2020–2024
New Fairview has 1,570 residents with a median age of 30.5. The median household income is $91,806 (17% higher than the Texas median), the median home value is $233,000, the median rent is $1,469/month.
New Fairview at a glance
- Population
- 1,570
- Median age
- 30.5State: 35.6
- Median household income
- $91,806State: $78,476
- Median home value
- $233,000State: $283,800
- Median rent
- $1,469/moState: $1,403
- Homeowners
- 87.9%
- Bachelor's degree or higher
- 11.8%
- Average commute
- 39 min
Is New Fairview a good place to live?
Pros: Median household income 17% higher than the Texas median; home values 18% lower than the state median; unemployment of 1.1%.
Cons: An average commute of 39 minutes; a poverty rate of 28.9%.
The weather is best in March–April and October–November.
Cost of living in New Fairview
Housing is the biggest part of the cost of living. In New Fairview the median home value is $233,000, 30% lower than the U.S. median. Renters pay a median of $1,469 per month, which is 27.5% of household income. Homeowners with a mortgage pay $1,864 a month in housing costs.
New Fairview median household income
The median household income in New Fairview is $91,806 and the income per person is $29,322. 28.9% of residents live below the poverty line (Texas: 13.8%).
Housing in New Fairview: homes for sale and rent
- Housing units
- 497
- Owner-occupied
- 87.9%
- Renter-occupied
- 12.1%
- Vacant
- 13.7%Includes seasonal homes
- Median year built
- 1998
- Average household size
- 3.66
New Fairview demographics
- Population
- 1,570
- Median age
- 30.5
- Under 18
- 33.2%
- 65 and older
- 10.8%
- Households
- 429
- Foreign-born
- 16.6%
- Veterans
- 6.1%Adults 18+
Hispanic or Latino can be of any race. Population history of New Fairview ›
Education in New Fairview
11.8% of adults 25 and older in New Fairview have a bachelor's degree or higher (Texas: 33.8%), and 2.4% have a graduate or professional degree.
Jobs and commute in New Fairview
- Unemployment rate
- 1.1%State: 5.3%
- Average commute
- 39 minState: 27 min
- Work from home
- 7.5%
- Drive alone
- 72.9%
- Public transit
- 1.8%
- Walk to work
- 0%
- Homes with broadband
- 97%
New Fairview vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Fairview | 1,570 | $91,806 | $233,000 | $1,469 |
| Rhome | 1,699 | $101,167 | $260,100 | $981 |
| Aurora | 1,760 | $105,962 | $341,800 | $1,185 |
| Justin | 5,447 | $114,157 | $406,800 | $2,000 |
| Newark | 1,177 | $77,344 | $137,500 | $1,143 |
| DISH | 541 | $159,000 | $471,600 | — |
| Boyd | 1,351 | $68,958 | $264,900 | $898 |
| Ponder | 2,626 | $106,250 | $321,000 | $2,158 |
| Pecan Acres | 4,161 | $114,141 | $493,500 | $1,295 |
More for people moving to New Fairview
New Fairview ZIP code ›Weather and climate ›Living in New Fairview: FAQ
What is the median household income in New Fairview, TX?
The median household income in New Fairview is $91,806, 17% higher than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in New Fairview?
The median home value in New Fairview is $233,000, compared with $283,800 in Texas.
How much is rent in New Fairview?
The median gross rent in New Fairview is $1,469 per month, about 27.5% of household income.
Is New Fairview, TX a good place to live?
Pluses: median household income 17% higher than the Texas median; home values 18% lower than the state median; unemployment of 1.1%. Minuses: an average commute of 39 minutes; a poverty rate of 28.9%.
What is the median age in New Fairview?
The median age in New Fairview is 30.5 years (Texas: 35.6).
How long is the commute in New Fairview?
The average commute to work in New Fairview is 39 minutes; 7.5% of workers work from home.
What is the unemployment rate in New Fairview?
The unemployment rate in New Fairview is 1.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Fairview?
11.8% of adults in New Fairview have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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