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Newaygo County Housing Market

Michigan · 83 counties · Ranked #1629 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$178,300

vs national$178,300 vs $281,900 national

Median Gross Rent

$882/mo

vs national$882 vs $1,163 national

Effective Tax Rate

1.15%

vs national+1.15% vs 1.02% national

Median Household Income

$61,931

vs national$61,931 vs $74,755 national

Affordability Ratio

2.9x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,052

Tax as % of Home Value

1.15%

Monthly Owner Cost

$868

Renter Income

$37,255

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Frequently Asked Questions

What is the median home value in Newaygo County?

The median home value in Newaygo County is $178,300. This is below the national median of $281,900.

How much is rent in Newaygo County?

The median gross rent in Newaygo County is $882 per month.

What is the property tax rate in Newaygo County?

The effective property tax rate in Newaygo County is 1.15%. The median annual property tax bill is $2,052.

Is Newaygo County affordable?

With a home-value-to-income ratio of 2.9x, Newaygo County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.