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ZipNumbers

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

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