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New Waverly, Texas

city · Walker County

At a glance

955
Population
$162,500
Median home value (all homes)
46% below U.S. median
$386,253
Typical market value
Zillow, 2026-07
$1,245/mo
Median rent
8% below U.S. median
$48,137
Median household income
39% below U.S. median
28.1 min
Average commute
86%
Homes with broadband
66.21%
Locations with fiber available
10.2%
Unemployment

Cost of living (Clay Affordability Index)

CAI 85 — 15% below the national average. how it's computed

Housing29% below
Goods & services5% below
Utilities8% above
Taxes57% below
Insurance25% above
Commute cost7% below
For business: Texas is CBII band 3/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college13 mi
Nearest community college24 mi
Nearest technical college12 mi
High school graduates84.9%
College graduates15.9%

Doing business here

Economic development contacts, most local first:

state Office of the Governor (Texas)
Texas Economic Development Corporation (TxEDC) markets Texas as the premier destination for business and provides information to help businesses explore opportunities in Texas. It supports the Governor’s Office of Economic Development and Tourism in promoting Texas as a premier destination for business.
state Texas Economic Development
The Texas Economic Development & Tourism Office offers resources for Texas businesses, communities and residents, as well as those looking to do business in Texas. Our office publishes in-depth reports on the economy of Texas and the state’s targeted growth industries. We also offer a number of events throughout the year, covering a wide range of business-related topics—everything from getting started in the state to growing your business internationally.
State sales taxYes
State income taxNone
Right-to-work stateYes

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