New Lothrop, Michigan

US Census Bureau ACS 5-Year Estimates ยท 2022

MI

New Lothrop Demographics Overview

Total Population
621
ACS 2022 estimate
Median Household Income
$67,404
Annual household income
โ–ผ 10% vs US avg
Median Home Value
$146,400
Owner-occupied homes
โ–ผ 48% vs US avg
Median Gross Rent
$728
Monthly rent (incl. utilities)
โ–ผ 37% vs US avg
Median Age
36.1 years
Median age of residents
โ–ผ 7% vs US avg

Income & Economy

Median Household Income
$67,404
US avg: $74,580
vs. National Median-9.6%

Housing

Median Home Value
$146,400
US avg: $281,900
Median Gross Rent
$728/mo
US avg: $1,163/mo
Rent vs. National Avg-37.4%

Population

Total Population621
Median Age
36.1 years
US avg: 38.9 yrs

Data Source

Data for New Lothrop comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

New Lothrop, MI โ€” Frequently Asked Questions

Common questions about New Lothrop demographics

What is the population of New Lothrop, Michigan?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of New Lothrop, Michigan is 621.

What is the median household income in New Lothrop?

The median household income in New Lothrop, Michigan is $67,404 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in New Lothrop?

Key cost indicators for New Lothrop, Michigan:. Median home value: $146,400. Median gross rent: $728/month. Median household income: $67,404/year

What is the median home value in New Lothrop?

The median home value in New Lothrop, Michigan is $146,400, compared to the national median of approximately $281,900.

What is the average age in New Lothrop?

The median age in New Lothrop, Michigan is 36.1 years, compared to the US national median age of approximately 38.9 years.

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New Lothrop, MI Demographics - Population, Income & Housing (2022)