Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

New Falcon

Learn about the people, housing, costs and businesses in New Falcon, Texas

Median Home$89,700
Median Rent$303/month
Population110
Leading IndustriesPublic Administration · Manufacturing · Agriculture & Mining34% public administration
Young Adults28% of residentsnear the national average
Homeowners64% of occupied units
NotableAffordable Market$90k median home · lower cost than 95% of the country
New Falcon
TX

Frequently Asked Questions

What are today's mortgage rates in New Falcon?

As of today, the 30-year fixed mortgage rate for New Falcon is approximately 6.946% (6.984% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for New Falcon
What is the median home price in New Falcon?

The median home value in New Falcon is $90k. The median monthly rent is $303. Annual property taxes average $747. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in New Falcon?

Based on a typical all-in ownership cost of $455/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Falcon is $33k/year.

Calculate your buying power
What industries drive the economy in New Falcon?

The largest employment sectors in New Falcon are public administration (34%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.