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New Lothrop, MI

Full City Profile · Michigan · Genesee County County

3.6 /5.0
B+ Good
640 Population 736/sq mi density
$78,500 Median Income $38,935 per capita
$178,100 Home Value $232,393 Zillow
$750 Median Rent 28.3% income on rent
48°F Avg Temperature 260 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$78,500 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$178,100 home value, $750/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.6 / 5.0
20.2% bachelor's degree or higher

Housing Overview

Median Home Value
$178,100
37% below
US avg: $281,900
Median Rent
$750/mo
36% below
US avg: $1,163/mo
Homeownership Rate
67.2%
3% above US avg (65.4%)
Total Housing Units
284
Median year built: 1970

Home Value by Source

Census Median
$178,100
Zillow (ZHVI)
$232,393
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.2%
Owner-Occupied
32.8%
Renter-Occupied
67%
33%
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: $750/mo

Affordability & Housing Stock

Rent Burden
28.3%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
67.2%

Complete Housing Data

Home Values

Census Median Value$178,100
Zillow Home Value (ZHVI)$232,393

Rent

Census Median Rent$750
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-Occupied67.2%
Renter-Occupied32.8%
Homeownership Rate67.2%
Total Housing Units284
Median Year Built1970
Rent Burden28.3%