New Lothrop is a small town of 621 in Michigan, with a median household income of $67,404
and a 5.8% unemployment rate.
Its cost of living index is 93 (US average = 100), which is
7% below the national average.
Strengths:
New Lothrop stands out for an affordable cost of living, below-average home prices, solid school ratings (B-).
Trade-offs:
Potential downsides include longer commutes, an elevated unemployment rate. Whether New Lothrop is right for you depends on your priorities — the full breakdown is below.
All New Lothrop city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 92.8
New Lothrop's overall cost of living index is 92.8,
where 100 represents the US national average.
Living in New Lothrop costs roughly 7% less than the average American city.
Metric
New Lothrop, MI
National Avg
Median Home Value
$146,400
$244,900
Median Monthly Rent
$728
$1,163
Homeownership Rate
60.5%
65.9%
Median Household Income
$67,404
$74,755
Crime & Safety
Very Safe
New Lothrop's violent crime rate is 139.5 per 100,000 residents
— 63% lower than the national average of ~380 per 100,000.
Violent Crime
139.5 /100k
Property Crime
346.4 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
New Lothrop is served primarily by New Lothrop Area Public Schools.
The student-to-teacher ratio is 17.3:1
(slightly above the national average of ~16:1).
Metric
New Lothrop, MI
National Avg
School District
New Lothrop Area Public Schools
—
Elementary Schools
1
—
Middle Schools
N/A
—
High Schools
1
—
Student/Teacher Ratio
17.3:1
16:1
Bachelor's Degree or Higher
17.6%
35.4%
High School Diploma or Higher
87.6%
91.1%
Weather & Climate
New Lothrop sees average highs of 30.7°F in January
and 83.3°F in July,
with 34.3 inches of annual precipitation
and 40.4 inches of snow per year.
New Lothrop's cost of living index is 93, where 100 is the national average.
That makes New Lothrop roughly 7% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $146,400 and median rent is $728/month.
New Lothrop's violent crime rate is 139.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 346.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in New Lothrop are operated by New Lothrop Area Public Schools.
The district has 1 elementary, several middle, and 1 high schools.
The student-to-teacher ratio is 17.3:1. 17.6% of adults 25+ hold a bachelor's degree or higher.
New Lothrop, MI has a population of 621, a median household income of $67,404, and an unemployment rate of 5.8%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Lothrop averages 30.7°F in January and 83.3°F in July. Annual rainfall is 34.3 inches
with about 40.4 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
New Lothrop, MI is covered by 1 ZIP code: 48460.
The population of New Lothrop, Michigan is 621 with a median age of 36.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Lothrop: cost of living index 93 (100 = US average), median home $146,400, median household income $67,404, crime index 29 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare New Lothrop side by side with your current city to see the trade-offs.
