Living in New Baltimore, Michigan
Cost of living, income, home prices, rent and demographics of New Baltimore · Census data 2020–2024
New Baltimore has 12,072 residents with a median age of 44.7. The median household income is $106,033 (45% higher than the Michigan median), the median home value is $323,200, the median rent is $1,039/month.
New Baltimore at a glance
- Population
- 12,072
- Median age
- 44.7State: 40.2
- Median household income
- $106,033State: $72,875
- Median home value
- $323,200State: $231,600
- Median rent
- $1,039/moState: $1,129
- Homeowners
- 83.8%
- Bachelor's degree or higher
- 30.5%
- Average commute
- 31 min
Is New Baltimore a good place to live?
Pros: Median household income 45% higher than the Michigan median; unemployment of 4.2%; a poverty rate of 5.4%.
Cons: Home values 40% higher than the state median; an average commute of 31 minutes.
The weather is best in June to September.
Cost of living in New Baltimore
Housing is the biggest part of the cost of living. In New Baltimore the median home value is $323,200, about the same as the U.S. median. Renters pay a median of $1,039 per month, which is 34.6% of household income. Homeowners with a mortgage pay $1,953 a month in housing costs.
New Baltimore median household income
The median household income in New Baltimore is $106,033 and the income per person is $46,284. 5.4% of residents live below the poverty line (Michigan: 13.2%).
Housing in New Baltimore: homes for sale and rent
- Housing units
- 4,978
- Owner-occupied
- 83.8%
- Renter-occupied
- 16.2%
- Vacant
- 5.5%Includes seasonal homes
- Median year built
- 1995
- Average household size
- 2.56
New Baltimore demographics
- Population
- 12,072
- Median age
- 44.7
- Under 18
- 20.5%
- 65 and older
- 17.6%
- Households
- 4,703
- Foreign-born
- 2.5%
- Veterans
- 6.4%Adults 18+
Hispanic or Latino can be of any race. Population history of New Baltimore ›
Education in New Baltimore
30.5% of adults 25 and older in New Baltimore have a bachelor's degree or higher (Michigan: 32.4%), and 10.5% have a graduate or professional degree.
Jobs and commute in New Baltimore
- Unemployment rate
- 4.2%State: 5.7%
- Average commute
- 31 minState: 24 min
- Work from home
- 11.3%
- Drive alone
- 84.4%
- Public transit
- 0%
- Walk to work
- 0.6%
- Homes with broadband
- 91%
New Baltimore vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Baltimore | 12,072 | $106,033 | $323,200 | $1,039 |
| New Haven | 6,475 | $66,125 | $209,000 | $1,268 |
| Pearl Beach | 4,506 | $83,208 | $301,700 | $1,054 |
| Richmond | 5,855 | $64,719 | $237,700 | $864 |
| Mount Clemens | 15,511 | $52,310 | $179,400 | $847 |
| Algonac | 4,139 | $56,820 | $199,500 | $910 |
| Marine City | 4,028 | $67,683 | $159,800 | $944 |
| Armada | 1,994 | $102,083 | $274,300 | $1,061 |
| Memphis | 1,064 | $57,222 | $213,300 | $820 |
More for people moving to New Baltimore
New Baltimore ZIP code ›Weather and climate ›Living in New Baltimore: FAQ
What is the median household income in New Baltimore, MI?
The median household income in New Baltimore is $106,033, 45% higher than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in New Baltimore?
The median home value in New Baltimore is $323,200, compared with $231,600 in Michigan.
How much is rent in New Baltimore?
The median gross rent in New Baltimore is $1,039 per month, about 34.6% of household income.
Is New Baltimore, MI a good place to live?
Pluses: median household income 45% higher than the Michigan median; unemployment of 4.2%; a poverty rate of 5.4%. Minuses: home values 40% higher than the state median; an average commute of 31 minutes.
What is the median age in New Baltimore?
The median age in New Baltimore is 44.7 years (Michigan: 40.2).
How long is the commute in New Baltimore?
The average commute to work in New Baltimore is 31 minutes; 11.3% of workers work from home.
What is the unemployment rate in New Baltimore?
The unemployment rate in New Baltimore is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Baltimore?
30.5% of adults in New Baltimore have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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