Living in New Waverly, Texas
Cost of living, income, home prices, rent and demographics of New Waverly · Census data 2020–2024
New Waverly has 955 residents with a median age of 31.9. The median household income is $48,137 (39% lower than the Texas median), the median home value is $162,500, the median rent is $1,245/month.
New Waverly is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
New Waverly at a glance
- Population
- 955
- Median age
- 31.9State: 35.6
- Median household income
- $48,137State: $78,476
- Median home value
- $162,500State: $283,800
- Median rent
- $1,245/moState: $1,403
- Homeowners
- 49.4%
- Bachelor's degree or higher
- 15.9%
- Average commute
- 28 min
Is New Waverly a good place to live?
Pros: Home values 43% lower than the state median.
Cons: Median household income 39% lower than the Texas median; an average commute of 28 minutes; unemployment of 10.2%; a poverty rate of 22.2%.
The weather is best in March to May and October.
Cost of living in New Waverly
Housing is the biggest part of the cost of living. In New Waverly the median home value is $162,500, 51% lower than the U.S. median. Renters pay a median of $1,245 per month, which is 44.8% of household income. Homeowners with a mortgage pay $1,211 a month in housing costs.
New Waverly median household income
The median household income in New Waverly is $48,137 and the income per person is $23,379. 22.2% of residents live below the poverty line (Texas: 13.8%).
Housing in New Waverly: homes for sale and rent
- Housing units
- 447
- Owner-occupied
- 49.4%
- Renter-occupied
- 50.6%
- Vacant
- 31.1%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 3.10
31.1% of homes are vacant most of the year, a sign that New Waverly has many vacation and second homes.
New Waverly demographics
- Population
- 955
- Median age
- 31.9
- Under 18
- 28.2%
- 65 and older
- 11.2%
- Households
- 308
- Foreign-born
- 6.3%
- Veterans
- 6.1%Adults 18+
Hispanic or Latino can be of any race. Population history of New Waverly ›
Education in New Waverly
15.9% of adults 25 and older in New Waverly have a bachelor's degree or higher (Texas: 33.8%), and 4% have a graduate or professional degree.
Jobs and commute in New Waverly
- Unemployment rate
- 10.2%State: 5.3%
- Average commute
- 28 minState: 27 min
- Work from home
- 4.3%
- Drive alone
- 74.3%
- Public transit
- 0%
- Walk to work
- 0.3%
- Homes with broadband
- 86%
New Waverly vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Waverly | 955 | $48,137 | $162,500 | $1,245 |
| Willis | 6,878 | $68,632 | $124,300 | $1,268 |
| Panorama Village | 2,525 | $77,411 | $291,100 | $1,494 |
| Huntsville | 47,864 | $47,529 | $236,600 | $1,035 |
| Conroe | 102,360 | $76,206 | $309,600 | $1,393 |
| Cut and Shoot | 864 | $72,250 | $237,000 | $1,134 |
| Montgomery | 2,489 | $72,917 | $363,200 | $1,417 |
| Deerwood | 2,366 | $61,436 | $69,000 | — |
| Coldspring | 1,274 | $43,851 | $216,800 | $777 |
More for people moving to New Waverly
New Waverly ZIP code ›Weather and climate ›Living in New Waverly: FAQ
What is the median household income in New Waverly, TX?
The median household income in New Waverly is $48,137, 39% lower 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 Waverly?
The median home value in New Waverly is $162,500, compared with $283,800 in Texas.
How much is rent in New Waverly?
The median gross rent in New Waverly is $1,245 per month, about 44.8% of household income.
Is New Waverly, TX a good place to live?
Pluses: home values 43% lower than the state median. Minuses: median household income 39% lower than the Texas median; an average commute of 28 minutes; unemployment of 10.2%; a poverty rate of 22.2%.
What is the median age in New Waverly?
The median age in New Waverly is 31.9 years (Texas: 35.6).
How long is the commute in New Waverly?
The average commute to work in New Waverly is 28 minutes; 4.3% of workers work from home.
What is the unemployment rate in New Waverly?
The unemployment rate in New Waverly is 10.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Waverly?
15.9% of adults in New Waverly 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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