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ZipNumbers

Michigan · Census place 57140

Newberry village, MI

Quick answer

Newberry village has 1,453 residents, ranking #362 of 745 places in Michigan. Median household income is $49,758, the median home is worth $65,800 and median gross rent runs $939 a month.

Population
1,453Newberry village residents
Median household income
$49,758Past 12 months, inflation adjusted
Median home value
$65,800Owner-occupied units
Median gross rent
$939Rent plus utilities, monthly
Median age
35.5 yrsAll residents
Homeownership rate
62.9%Owner-occupied households

What the numbers mean in Newberry village

Housing cost measured against local earnings.

A household earning the Newberry village median would spend about 22.6% 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 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 26% of residents and 62.9% 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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