Living in New Era, Michigan
Cost of living, income, home prices, rent and demographics of New Era · Census data 2020–2024
New Era has 433 residents with a median age of 52.6. The median household income is $77,125 (6% higher than the Michigan median), the median home value is $180,800, the median rent is $900/month.
New Era is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
New Era at a glance
- Population
- 433
- Median age
- 52.6State: 40.2
- Median household income
- $77,125State: $72,875
- Median home value
- $180,800State: $231,600
- Median rent
- $900/moState: $1,129
- Homeowners
- 96.2%
- Bachelor's degree or higher
- 35%
- Average commute
- 23 min
Is New Era a good place to live?
Pros: Median household income 6% higher than the Michigan median; home values 22% lower than the state median; an average commute of 23 minutes; unemployment of 2.8%; a poverty rate of 7.6%.
The weather is best in June to September.
Cost of living in New Era
Housing is the biggest part of the cost of living. In New Era the median home value is $180,800, 46% lower than the U.S. median. Renters pay a median of $900 per month, which is 18.8% of household income. Homeowners with a mortgage pay $1,293 a month in housing costs.
New Era median household income
The median household income in New Era is $77,125 and the income per person is $36,291. 7.6% of residents live below the poverty line (Michigan: 13.2%).
Housing in New Era: homes for sale and rent
- Housing units
- 198
- Owner-occupied
- 96.2%
- Renter-occupied
- 3.8%
- Vacant
- 7.6%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.37
New Era demographics
- Population
- 433
- Median age
- 52.6
- Under 18
- 14.8%
- 65 and older
- 27.3%
- Households
- 183
- Foreign-born
- 6%
- Veterans
- 4.9%Adults 18+
Hispanic or Latino can be of any race. Population history of New Era ›
Education in New Era
35% of adults 25 and older in New Era have a bachelor's degree or higher (Michigan: 32.4%), and 12.7% have a graduate or professional degree.
Jobs and commute in New Era
- Unemployment rate
- 2.8%State: 5.7%
- Average commute
- 23 minState: 24 min
- Work from home
- 13.8%
- Drive alone
- 83.3%
- Public transit
- 0%
- Walk to work
- 1.3%
- Homes with broadband
- 89.6%
New Era vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Era | 433 | $77,125 | $180,800 | $900 |
| Rothbury | 356 | $49,063 | $131,500 | $1,089 |
| Shelby | 2,577 | $49,855 | $155,600 | $680 |
| Hart | 1,924 | $50,956 | $140,900 | $757 |
| Mears | 204 | $44,583 | $131,300 | $1,031 |
| Montague | 2,531 | $66,750 | $202,200 | $810 |
| Whitehall | 3,024 | $61,169 | $212,600 | $877 |
| Lakewood Club | 1,255 | $71,518 | $157,300 | $1,372 |
| Hesperia | 934 | $37,174 | $131,300 | $571 |
More for people moving to New Era
New Era ZIP code ›Weather and climate ›Living in New Era: FAQ
What is the median household income in New Era, MI?
The median household income in New Era is $77,125, 6% 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 Era?
The median home value in New Era is $180,800, compared with $231,600 in Michigan.
How much is rent in New Era?
The median gross rent in New Era is $900 per month, about 18.8% of household income.
Is New Era, MI a good place to live?
Pluses: median household income 6% higher than the Michigan median; home values 22% lower than the state median; an average commute of 23 minutes; unemployment of 2.8%; a poverty rate of 7.6%.
What is the median age in New Era?
The median age in New Era is 52.6 years (Michigan: 40.2).
How long is the commute in New Era?
The average commute to work in New Era is 23 minutes; 13.8% of workers work from home.
What is the unemployment rate in New Era?
The unemployment rate in New Era is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Era?
35% of adults in New Era 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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