Newberry, MI
Full City Profile · Michigan · Luce County County
Newberry, MI
At a Glance
How Newberry Compares to the U.S. Average
Each bar shows Newberry's value as a percentage of the national average (100% = U.S. avg)
Is Newberry a Good Place to Live?
Economy & Jobs
Newberry residents earn a median household income of $49,758 , which is 34% below the national average of $75,149. Per capita income is $28,566. The unemployment rate stands at 5.8% (61% above the U.S. rate of 3.6%). 14.4% of residents live below the poverty line. The area is home to 180 business establishments, including 21 restaurants.
Housing & Cost of Living
The median home value in Newberry is $65,800 , 77% below the national median of $281,900. Zillow estimates the typical home at $116,997. Median rent is $939/month, with 28.2% 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 1949.
Education
19.0% of adults in Newberry hold a bachelor's degree or higher (44% below the national average). 94.8% have completed high school. Local schools score 4.7/10 in standardized testing.
Climate & Weather
Newberry has an average annual temperature of 42°F (6°C). Winters average 17°F in January while summers reach 66°F in July. Annual precipitation totals 33.8 inches.