New Lothrop, Michigan.
Typical home $243,509 (+5.0% in a year). Lansing-East Lansing, MI metro.
to buy the typical home at today's mortgage rate — +$671 (+111%) since Jan 2020.
- 1 year
- Up $11,625 +5%
- $231,884$243,509 since Sep 2025
- 5 years
- Up $41,222 +20%
- $202,288$243,509 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- New Lothrop$1,278
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 19 years.
Typical home values in New Lothrop, MI rose 5.0% over the past year — faster than the nation's +1.2%.
Living in New Lothrop, Shiawassee County, Michigan
New Lothrop is a village of 565 people in Shiawassee County. 71% of its homes are lived in by their owners and 29% are rented. Unemployment in Shiawassee County was 4.8% in August 2026, and the county had 0.3% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. New Lothrop is a very small village in Shiawassee County, Michigan, where most homes are lived in by their owners. Home values are modest, and household incomes across the county sit a little below the middle of the pack. Winters are cold and snowy, with January the coldest month, while summers turn warm in July, and the year brings a fair amount of rain and melted snow.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops and the building trades close behind. Across Shiawassee County, some of the largest workplaces are Memorial Healthcare, Baker College and Owosso Public Schools. The drive to work is on the long side, and more people work from home than you might expect in a village this size.
Things to do. The Shiawassee National Wildlife Refuge, a protected area, is a longer drive away and suits a quiet day of looking at birds and open water. In the same longer-drive range are the Flint Institute of Arts, a museum, and the Shiawassee River, one of several rivers in the area. Most outings from New Lothrop mean getting in the car.
Report a mistake
- 279households
- 22%of adults have a degree
- 31 mintypical commute
- 15%work from home
What residents work in
Employed residents by industry, from the Census survey. Shiawassee County had 15,490 jobs in 2025, 0.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 31° and lows near 15°; warmest in July, with highs near 83° and lows near 58°. About 34 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Corunna Northeast weather station, 10 miles away (NOAA).
Largest workplaces in Shiawassee County
- Memorial HealthcareGeneral hospital1,113FTE
- Baker CollegeUniversity or college926
- Owosso Public SchoolsSchool district368FTE
- WalmartWarehouse clubs and supercenters328
- Pleasant View Shiawassee County Medical Care FacilitySkilled nursing facilities274
- Shiawassee Regional ESDSchool district264FTE
- Corunna Public SchoolsSchool district232FTE
- MeijerRetail217
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 42 workplaces with 20 or more staff, 4,860 people in all across the county; New Lothrop has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023), colleges from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windVery high
- TornadoesVery high
- Cold wavesRelatively high
- HailRelatively moderate
- Ice stormsRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in New Lothrop’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Shiawassee County and the Lansing-East Lansing, MI metro.
New Lothrop home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- New Lothrop$243,509
- Michigan$263,760
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a New Lothrop address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls New Lothrop — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.