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Newaygo, 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
2,512
Population
$40,689
Median Income
$115,200
Home Value
31.0
Median Age

Demographics

Newaygo has a population of 2,512 with a median age of 31.0. Here is the racial and ethnic breakdown of the population:

White
83.7%
Hispanic
8.0%
Other
6.9%
Asian
0.9%
Demographic Value
Total Population2,512
Median Age31.0
White83.7%
Black or African American0.5%
Asian0.9%
Hispanic or Latino8.0%
Other / Two or More Races6.9%
Newaygo, Michigan — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 83.7%Hispanic/Latino: 8.0%Other: 6.9%Other: 1.4%2,512PopulationWhiteWhite83.7%Hispanic/LatinoHispanic/Latino8.0%OtherOther6.9%OtherOther1.4%

Income & Economy

The median household income in Newaygo is $40,689, which is 49.5% below the national median of $80,610. The per capita income is $22,777. The poverty rate is 19.9%.

$40,689
Median Household Income
$22,777
Per Capita Income
19.9%
Poverty Rate

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Education

In Newaygo, 85.8% of residents age 25+ have a high school diploma or higher, and 10.5% hold a bachelor's degree or higher (3.3% with a graduate or professional degree).

HS Diploma+
85.8%
Bachelor's+
10.5%
Graduate+
3.3%
Education Level % of Adults (25+)
High School Diploma or Higher85.8%
Bachelor's Degree or Higher10.5%
Graduate or Professional Degree3.3%

Housing

The median home value in Newaygo is $115,200, below the national median of $303,400. The median monthly rent is $1,040. The homeownership rate is 58.3%.

$115,200
Median Home Value
$1,040/mo
Median Rent
58.3%
Homeownership Rate
Housing Metric Value
Median Home Value$115,200
Median Monthly Rent$1,040
Homeownership Rate58.3%
Vacancy Rate7.8%

Salaries in Michigan

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Other Cities in Michigan

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Frequently Asked Questions

What is the population of Newaygo, Michigan?
The population of Newaygo, Michigan is 2,512 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Newaygo, Michigan?
The median household income in Newaygo, Michigan is $40,689. This is 49.5% below the national median of $80,610.
What is the median home value in Newaygo, Michigan?
The median home value in Newaygo, Michigan is $115,200. The median monthly rent is $1,040.
What percentage of people in Newaygo have a college degree?
In Newaygo, Michigan, 10.5% of adults age 25 and older hold a bachelor's degree or higher, and 85.8% have a high school diploma or higher.
Is Newaygo, Michigan an affordable place to live?
The home price-to-income ratio in Newaygo, Michigan is 2.8x (median home value $115,200 vs. median income $40,689), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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