New Territory, Texas Median Income

New Territory, Texas has a population of 15,118, with a median household income of $142,220.

Current median income data for New Territory.

$142,220

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Population

15,118

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Median Income

$142,220

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Unemployment

1.80%

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Housing Price

$548,900

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Crime Rate

8.80

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Internet Speed

298.30 Mbps

New Territory is a small local community located in Texas. The city has a population that is above the average city population in Texas, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

New Territory is a notable city in Texas, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

New Territory has a population of 15,118, which is higher than the state average. This indicates a relatively larger urban presence within Texas.

Income and Economy

The median household income in New Territory is $142,220, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in New Territory average around $548,900, which is relatively high compared to other cities in Texas.

Employment and Safety

The unemployment rate in New Territory is 1.80%, which is lower than the state average, indicating a relatively strong job market. New Territory has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Texas, New Territory shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, New Territory offers a balanced mix of economic conditions, population trends, and housing opportunities within Texas.

Frequently Asked Questions about New Territory

What is the population of New Territory?

The population of New Territory is approximately 15,118.

Is New Territory a good place to live?

New Territory offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in New Territory?

The median household income in New Territory is around $142,220.

How expensive is housing in New Territory?

The average housing price in New Territory is approximately $548,900.