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Newaygo, MI
Full City Profile · Michigan · Newaygo County County
2.8
/5.0
C+
Fair
2,486
Population
659/sq mi density
$41,934
Median Income
$25,444 per capita
$102,900
Home Value
$263,250 Zillow
$1,058
Median Rent
31.9% income on rent
47°F
Avg Temperature
260 sunny days/yr
290
Violent Crime/100K
1,886 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$41,934 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$102,900 home value, $1,058/mo rent
F
Safety
1.0 / 5.0
290 violent crimes/100K
D
Education
1.9 / 5.0
11.8% bachelor's degree or higher
Housing Overview
Median Home Value
$102,900
63% below
US avg: $281,900
Median Rent
$1,058/mo
9% below
US avg: $1,163/mo
Homeownership Rate
55.9%
15% below US avg (65.4%)
Total Housing Units
1,050
Median year built: 1967
Home Value by Source
Census Median
$102,900
Zillow (ZHVI)
$263,250
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.9%
Owner-Occupied
44.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$691/mo
1 Bedroom
$744/mo
2 Bedroom
$976/mo
3 Bedroom
$1,294/mo
4 Bedroom
$1,298/mo
Census median rent:
$1,058/mo
Affordability & Housing Stock
Rent Burden
31.9%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
55.9%
Complete Housing Data
Home Values
| Census Median Value | $102,900 |
| Zillow Home Value (ZHVI) | $263,250 |
Rent
| Census Median Rent | $1,058 |
| FMR Studio | $691 |
| FMR 1-Bedroom | $744 |
| FMR 2-Bedroom | $976 |
| FMR 3-Bedroom | $1,294 |
| FMR 4-Bedroom | $1,298 |
Market
Ownership & Stock
| Owner-Occupied | 55.9% |
| Renter-Occupied | 44.1% |
| Homeownership Rate | 55.9% |
| Total Housing Units | 1,050 |
| Median Year Built | 1967 |
| Rent Burden | 31.9% |