Cost of Living in Newaygo County, MI

What does it cost to live in Newaygo County? Income, housing, and affordability breakdown.

Median Income

$59,065

Median Rent

$854/mo

Median Home

$165,000

Affordability

467

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$834
Property Tax$165
Insurance$55

Total Monthly$1,054
% of Income21.4%

Renting

Median Rent$854
Renter's Insurance$25

Total Monthly$879
% of Income17.4%

Living in Newaygo County, Michigan

Newaygo County has a median household income of $59,065 with housing costs that represent 21.4% of income for owners and 17.4% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 467 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Michigan

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.