Median Income
$45,733
household / year
Median Home Value
$86,600
owner-occupied
Median Rent
$1,024
gross / month
Cost of Living
92
national avg = 100

Is Newaygo, MI a Good Place to Live?

Newaygo is a small town of 2,458 in Michigan, with a median household income of $45,733 and a 5.9% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Newaygo stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Newaygo is right for you depends on your priorities — the full breakdown is below.

All Newaygo 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: 92.4

Newaygo's overall cost of living index is 92.4, where 100 represents the US national average. Living in Newaygo costs roughly 8% less than the average American city.

Metric Newaygo, MI National Avg
Median Home Value $86,600 $244,900
Median Monthly Rent $1,024 $1,163
Homeownership Rate 58.8% 65.9%
Median Household Income $45,733 $74,755

Crime & Safety

Near National Average

Newaygo's violent crime rate is 390.0 per 100,000 residents — 3% higher than the national average of ~380 per 100,000.

Violent Crime
390.0 /100k
Property Crime
2145.1 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Newaygo is served primarily by Newaygo Public School District. The student-to-teacher ratio is 17.7:1 (slightly above the national average of ~16:1).

Metric Newaygo, MI National Avg
School District Newaygo Public School District —
Elementary Schools 1 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 17.7:1 16:1
Bachelor's Degree or Higher 10.8% 35.4%
High School Diploma or Higher 88.4% 91.1%

Weather & Climate

Newaygo sees average highs of 29.6°F in January and 79.7°F in July, with 37.5 inches of annual precipitation and 63.8 inches of snow per year.

MetricNewaygo, MI
Average High — January29.6°F
Average High — July79.7°F
Annual Precipitation37.5"
Annual Snowfall63.8"

Demographics

MetricNewaygo, MINational Avg
Population2,458—
Median Age35.238.9
Unemployment Rate5.9%3.7%
Avg Commute Time24.7 min26 min
White (non-Hispanic)90.9%59.3%
Black or African American0.4%13.6%
Hispanic or Latino2.5%18.9%
Asian1.0%6.3%
Under 1825.8%22.2%
65 and over14.8%16.8%

Nearby Cities

ZIP Codes in Newaygo

Newaygo, MI is covered by 1 ZIP code:

Newaygo vs Other Cities

Frequently Asked Questions

Newaygo's cost of living index is 92, where 100 is the national average. That makes Newaygo roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $86,600 and median rent is $1,024/month.
Newaygo's violent crime rate is 390.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2145.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Newaygo are operated by Newaygo Public School District. The district has 1 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 17.7:1. 10.8% of adults 25+ hold a bachelor's degree or higher.
Newaygo, MI has a population of 2,458, a median household income of $45,733, and an unemployment rate of 5.9%. 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.
Newaygo averages 29.6°F in January and 79.7°F in July. Annual rainfall is 37.5 inches with about 63.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Newaygo, MI is covered by 1 ZIP code: 49337.
The population of Newaygo, Michigan is 2,458 with a median age of 35.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Newaygo: cost of living index 92 (100 = US average), median home $86,600, median household income $45,733, crime index 102 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Newaygo side by side with your current city to see the trade-offs.