Newaygo, MI

Full City Profile · Michigan · Newaygo County County

2.7 /5.0
C+ Fair
2,486 Population 659/sq mi density
$41,934 Median Income $25,444 per capita
$102,900 Home Value $280,025 Zillow
$1,058 Median Rent 31.9% income on rent
46°F Avg Temperature
351 Violent Crime/100K 2,106 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$41,934 median income, 4.5% unemployment
A+
Affordability
5.0 / 5.0
$102,900 home value, $1,058/mo rent
F
Safety
1.0 / 5.0
351 violent crimes/100K
D
Education
1.9 / 5.0
11.8% bachelor's degree or higher

Newaygo, MI

At a Glance

Median Income
$41,934
44% below
$25,444 per capita
Home Value
$102,900
63% below
Zillow: $280,025
Median Rent
$1,058/mo
9% below
31.9% of income on rent
Violent Crime
351/100K
8% below
2,106/100K property
Bachelor's Degree+
11.8%
65% below
87.3% high school+
Unemployment
4.5%
25% above
15.4% poverty rate
Obesity Rate
37.3%
16% above
18.0% smoking rate
Avg Temperature
46°F

How Newaygo Compares to the U.S. Average

Each bar shows Newaygo's value as a percentage of the national average (100% = U.S. avg)

Income
56%
Home Value
37%
Rent
91%
Poverty
124%
Bachelor's
35%
Unemployment
125%
Crime
92%
Thin vertical line = U.S. national average (100%)

Is Newaygo a Good Place to Live?

C+
2.7 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Newaygo residents earn a median household income of $41,934 , which is 44% below the national average of $75,149. Per capita income is $25,444. The unemployment rate stands at 4.5% (25% above the U.S. rate of 3.6%). 15.4% of residents live below the poverty line. The area is home to 855 business establishments, including 74 restaurants.

Housing & Cost of Living

The median home value in Newaygo is $102,900 , 63% below the national median of $281,900. Zillow estimates the typical home at $280,025. Median rent is $1,058/month, with 31.9% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1967.

Safety & Crime

Newaygo reports 351 violent crimes per 100,000 residents , which is 8% below the national average of 380/100K. Property crime is 2,106/100K.

Education

11.8% of adults in Newaygo hold a bachelor's degree or higher (65% below the national average). 87.3% have completed high school. Local schools score 5.0/10 in standardized testing.

Climate & Weather

Newaygo has an average annual temperature of 46°F (8°C). Winters average 23°F in January while summers reach 69°F in July. Annual precipitation totals 37.5 inches.

Data Overview

People

Population2,486
Median Age32.7 yrs
Density659/mi²
Male / Female49% / 51%
Foreign Born1.1%
Veterans6.6%

Economy

B
Median Income$41,934
Per Capita$25,444
Unemployment4.5%
Poverty15.4%
County GDP$2,077M
Avg Weekly Wage$949

Housing

A+
Home Value$102,900
Rent$1,058
Ownership55.9%
Zillow$280,025
Housing Units1,050
Rent Burden31.9%

Crime

F
Violent351/100K
Property2,106/100K

Health

Obesity37.3%
Diabetes10.1%
Smoking18.0%
Heart Disease6.0%
Premature Death8,616/100K

Climate

Avg Temp46°F
Rain37.5 in/yr
Elevation777 ft

Education

D
Bachelor's+11.8%
High School+87.3%
Graduate+4.8%
School Score5.0/10

Community

2024 VoteR 71% / D 28%
Commute27 min
Broadband88.4%
Internet Speed53 Mbps
EV Stations2
Libraries6

Did You Know?

Newaygo was founded in 1847.
The median home in Newaygo was built in 1967.
The nearest airport is Gerald R Ford International (40 miles).
The Gini coefficient (income inequality) is 0.425 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
20.1% of the population has a disability.
The county recorded 7 fatal vehicle crashes.