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New Home, Texas Utility & Living Guide
New Home is a small city in Lynn County, Texas, United States. The population was 326 at the 2020 census..
Total Utilities$310/mo
1BR Rent$1300/mo
Sales Tax6.25%
COL Index96 (-4)
Family Score6/10
Median Home$131,300
📷 Live Cameras — New Home
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🌤️ Live Weather — New Home
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Living in New Home, summers are intense — Aug highs average 93.8°F, while winters are chilly, with Feb lows around 31.7°F. With 2598 heating degree days annually, heating costs are moderate. At just 13.5 inches of annual rainfall, this is a dry climate. For hospital care, the nearest facility is in a neighboring city. Median household income: $52,083. With a 27.5% poverty rate and 73.6% homeownership, the community reflects a stable residential mix. Nearby cities: Tahoka (13mi SE), Wolfforth (13mi NW), Slaton (17mi E). Air quality is Good — avg AQI 42 over the past week.
⚠️ Natural Hazard History — New Home
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨👩👧 Families
🧮 Tools
Monthly Utility Costs
⚡ Electric
$145/mo
Local utility provider
🔥 Gas
$35/mo
Local gas utility
💧 Water
$40/mo
Municipal water department
🗑️ Garbage
$25/mo
Municipal waste management
📶 Internet
$65/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1300/mo |
| 2 Bedrooms | $1650/mo |
| 3 Bedrooms | $2200/mo |
| Median Home Price | $131,300 |
| Property Tax Rate | 1.6% |
| Avg Childcare/mo | $900 |
Contact a local realtor for current market conditions in New Home.
Cost of Living
Overall COL Index
96
US national avg = 100
vs National Avg
-4
Groceries
94
Transportation
97
Healthcare
92
Childcare/mo
$900
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 6.25% |
| Property Tax Rate | 1.6% |
Family & Relocation
Family Vibe Score
6/10
Safety Index
55
Higher = safer
School Rating
6
GreatSchools avg
Avg Childcare
$900/mo
City Pulse
Population Trend
Population: 5,000
Household Budget Calculator
Estimate your real monthly cost of living in New Home based on your household profile.
Financial Tools
Calculators
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
Planning Tools
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
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📊 New Home — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
💰 Median Household Income
$52,083
🏠 Homeownership Rate
73.6%
🔑 Renter Rate
26.4%
📉 Poverty Rate
27.5%
💼 Unemployment Rate
4.7%
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