Michigan · Census place 57080
Newaygo city, MI
Quick answer
Newaygo city has 2,486 residents, ranking #271 of 745 places in Michigan. Median household income is $41,934, the median home is worth $102,900 and median gross rent runs $1,058 a month.
- Population
- 2,486Newaygo city residents
- Median household income
- $41,934Past 12 months, inflation adjusted
- Median home value
- $102,900Owner-occupied units
- Median gross rent
- $1,058Rent plus utilities, monthly
- Median age
- 32.7 yrsAll residents
- Homeownership rate
- 55.9%Owner-occupied households
What the numbers mean in Newaygo city
Housing cost measured against local earnings.
A household earning the Newaygo city median would spend about 30.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21% of residents and 55.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Spring Lake village 2,530
- Woodland Beach CDP 2,509
- Reed City city 2,505
- Charlevoix city 2,420
- Chesaning village 2,411
- St. Ignace city 2,409
- Hudson city 2,385
Keep going
More Michigan coverage.