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Newaygo County

Learn about the people, housing, costs and businesses in Newaygo County County

Median Home$193,069
Median Rent$931/month
Population50,792
Leading IndustriesRetail · Wholesale Trade21% retail
Home Value Growth⬆⬆+20.6% over 2 years
Retirees21% of residentsnear the national average
Homeowners87% of occupied units
Newaygo County
MI

Frequently Asked Questions

What are today's mortgage rates in Newaygo County?

As of today, the 30-year fixed mortgage rate for Newaygo County is approximately 7.168% (7.198% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Newaygo County?

The median home value in Newaygo County is $193k. The median monthly rent is $931. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Newaygo County?

Home values in Newaygo County have increased 20.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Newaygo County?

Based on a typical all-in ownership cost of $878/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Newaygo County is $64k/year.

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What industries drive the economy in Newaygo County?

The largest employment sectors in Newaygo County are retail (21%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas