Newaygo, MI Real Estate

According to census data in the year 2000 there were 714 housing units in Newaygo. This represents a 33.7% growth from 534 in 1990.

Of those housing units, 627 were located in either urbanized areas or urban clusters, and 87 were located in what is classified as a rural area.

Homeownership rate in Newaygo is about 73.9%. Newaygo's vacancy rate, including seasonal lodging, is about 11.9%. Average household size is 2.69 people.

The majority of houses, apartments or condos in Newaygo were built after 1956.


Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom12.20%
Two Bedrooms28.60%
Three Bedrooms41.90%
Four Bedrooms11.50%
Five Bedrooms or more3.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1954
Median Value of occupied units$74,500
Median Price asked for vacant units$102,500

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1966
Median Monthly Rent asked for vacant units$355

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.40%
Home Equity Loan4.40%
Simple Mortgage51.50%
Debt Free39.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%