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New Era, MI
Full City Profile · Michigan · Oceana County County
3.9
/5.0
B+
Good
453
Population
539/sq mi density
$81,500
Median Income
$36,530 per capita
$172,200
Home Value
$232,222 Zillow
$967
Median Rent
18.6% income on rent
46°F
Avg Temperature
260 sunny days/yr
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$81,500 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$172,200 home value, $967/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.5 / 5.0
31.1% bachelor's degree or higher
Housing Overview
Median Home Value
$172,200
39% below
US avg: $281,900
Median Rent
$967/mo
17% below
US avg: $1,163/mo
Homeownership Rate
94.4%
44% above US avg (65.4%)
Total Housing Units
187
Median year built: 1960
Home Value by Source
Census Median
$172,200
Zillow (ZHVI)
$232,222
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.4%
Owner-Occupied
5.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$967/mo
Affordability & Housing Stock
Rent Burden
18.6%
of renters spending 30%+ of income on housing
40% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
94.4%
Complete Housing Data
Home Values
| Census Median Value | $172,200 |
| Zillow Home Value (ZHVI) | $232,222 |
Rent
| Census Median Rent | $967 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 94.4% |
| Renter-Occupied | 5.6% |
| Homeownership Rate | 94.4% |
| Total Housing Units | 187 |
| Median Year Built | 1960 |
| Rent Burden | 18.6% |