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New Era, Michigan

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
433
Population
$77,125
Median Income
$180,800
Home Value
52.6
Median Age

Demographics

New Era has a population of 433 with a median age of 52.6. Here is the racial and ethnic breakdown of the population:

White
89.4%
Hispanic
8.5%
Other
1.4%
Asian
0.7%
Demographic Value
Total Population433
Median Age52.6
White89.4%
Asian0.7%
Hispanic or Latino8.5%
Other / Two or More Races1.4%
New Era, Michigan — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 89.4%Hispanic/Latino: 8.5%Other: 2.1%433PopulationWhiteWhite89.4%Hispanic/LatinoHispanic/Latino8.5%OtherOther2.1%

Income & Economy

The median household income in New Era is $77,125, which is 4.3% below the national median of $80,610. The per capita income is $36,291. The poverty rate is 7.6%.

$77,125
Median Household Income
$36,291
Per Capita Income
7.6%
Poverty Rate

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Education

In New Era, 93.7% of residents age 25+ have a high school diploma or higher, and 35.0% hold a bachelor's degree or higher (12.7% with a graduate or professional degree).

HS Diploma+
93.7%
Bachelor's+
35.0%
Graduate+
12.7%
Education Level % of Adults (25+)
High School Diploma or Higher93.7%
Bachelor's Degree or Higher35.0%
Graduate or Professional Degree12.7%

Housing

The median home value in New Era is $180,800, below the national median of $303,400. The median monthly rent is $900. The homeownership rate is 96.2%.

$180,800
Median Home Value
$900/mo
Median Rent
96.2%
Homeownership Rate
Housing Metric Value
Median Home Value$180,800
Median Monthly Rent$900
Homeownership Rate96.2%
Vacancy Rate7.6%

Salaries in Michigan

Explore salary data for popular occupations in Michigan:

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Other Cities in Michigan

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Frequently Asked Questions

What is the population of New Era, Michigan?
The population of New Era, Michigan is 433 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New Era, Michigan?
The median household income in New Era, Michigan is $77,125. This is 4.3% below the national median of $80,610.
What is the median home value in New Era, Michigan?
The median home value in New Era, Michigan is $180,800. The median monthly rent is $900.
What percentage of people in New Era have a college degree?
In New Era, Michigan, 35.0% of adults age 25 and older hold a bachelor's degree or higher, and 93.7% have a high school diploma or higher.
Is New Era, Michigan an affordable place to live?
The home price-to-income ratio in New Era, Michigan is 2.3x (median home value $180,800 vs. median income $77,125), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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