Newaygo, Michigan.
Typical home $277,841 (+8.8% in a year).
to buy the typical home at today's mortgage rate — +$821 (+129%) since Jan 2020.
- 1 year
- Up $22,559 +9%
- $255,281$277,841 since Sep 2025
- 5 years
- Up $49,221 +22%
- $228,620$277,841 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.
- Newaygo$1,458
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Newaygo, MI rose 8.8% over the past year — faster than the nation's +1.2%.
Living in Newaygo, Newaygo County, Michigan
Newaygo is a city of 2,471 people in Newaygo County. Half its households earn more than $40,689 a year and half less, against $63,304 across Newaygo County; 20% of its people live below the poverty line. 58% of its homes are lived in by their owners and 42% are rented. Unemployment in Newaygo County was 5.1% in August 2026, and the county had 0.9% fewer jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.
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 It can be wrong or out of date.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. Newaygo is a small city where the people are younger than in most American towns, and where incomes run well below the county's. A good share of households live below the poverty line, and most homes are lived in by their owners. Few adults hold a four-year degree, and winters are cold, with summers that turn warm in July and a fair amount of rain and melted snow across the year.
Work. Residents work mostly in manufacturing, in schools, hospitals and social care, and in restaurants, hotels and entertainment. The biggest workplaces in town include Newaygo Public School District, Bucher Hydraulics, which makes pumps and motors for fluid power, and GM Wood Products, which makes wooden door and window frames. Unemployment across Newaygo County is a little lower than a year ago, though the county has fewer jobs than it did the year before, and very few people work from home.
Things to do. Water is the main draw here. Hess Lake lies in or beside town, and the Little Muskegon River is a short drive away. For a longer outing, Michigan's Adventure is an amusement park a longer drive off, and Newaygo State Park is a protected area, also a longer drive away.
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- 981households
- 10%of adults have a degree
- 20%below the poverty line
- 3%work from home
What residents work in
Employed residents by industry, from the Census survey. Newaygo County had 11,796 jobs in 2025, 0.9% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 30° and lows near 16°; warmest in July, with highs near 80° and lows near 58°. About 37 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Fremont Wsw weather station, 12 miles away (NOAA).
Largest workplaces in Newaygo
- Newaygo Public School DistrictSchool district193FTE
- Bucher Hydraulics Inc - NewaygoFluid power pump and motor manufacturing136
- GM Wood ProductsFrames, door and window, wood, manufacturing134
- Great Lakes Energy - NewaygoDistribution of electric power55
- Leppink'sCommissaries, primarily groceries55
- NewaygoMail and parcel delivery28
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 5 workplaces with 20 or more staff, 408 people in all. School districts come 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
- Winter weatherVery high
- Strong windVery high
- Inland floodingRelatively moderate
- LightningRelatively moderate
- Cold wavesRelatively moderate
- TornadoesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Newaygo’s census tracts, against the rest of the country; all of them together, relatively low. 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 Newaygo County.
Newaygo home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Newaygo$277,841
- Michigan$263,760
- United States$366,157
Sellers are cutting prices on about 1 in 3 Newaygo listings — the market is roughly in balance.
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.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Newaygo33.56%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Newaygo63
New listings per month
Sellers arriving at the market.
- Newaygo20
Zip codes with a Newaygo address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Newaygo — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.