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
Compare with nearby places
Places of similar size in Michigan.
- Laurium village 1,486
- Ravenna village 1,472
- Shorewood-Tower Hills-Harbert CDP 1,468
- Fowler village 1,446
- Shepherd village 1,438
- Colon village 1,432
- Burt CDP 1,430
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