Newaygo, MI population, income and ZIP codes

Newaygo city is a small town in Michigan, with 2,486 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #271 of 745 ranked by population — larger than 63% of them. The median age here is 32.7 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Newaygo city earn a median of $41,934 a year, 46.6% below the national figure of $78,538 and 32% below the $61,715 median for the 438 Michigan cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 21% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Newaygo city is valued at $102,900, 66.1% below the national figure and 38% below the $166,100 peer median, while median gross rent runs $1,058 a month, 24.8% below the national figure, or roughly $12,696 across a full year. A household on the local median income would put about 30.3% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is a stretch on median earnings. The home-price-to-income ratio works out to 2.5×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 55.9% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Newaygo city is the unusual combination of expensive to rent and cheap to buy: rent takes 30.3% of median income while homes cost only 2.5× it. Where that pattern shows up, the gap is normally down to down-payment and credit barriers rather than price.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.