Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.4 yrs |
|---|---|
| Avg HH Size | 2.61 |
| Below Poverty | 7.3% ▼ 27% below avg |
| College Grads | 38.3% ≈ Avg |
| Unemployment | 0.8% ▼ 84% below avg |
| No HS Diploma | 28 (1.6%) |
| HS Graduate | 616 (35.2%) |
| Some College | 141 (8.1%) |
| Associates | 295 (16.9%) |
| Bachelors | 249 (14.2%) |
| Graduate Degree | 421 (24.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $81,146 ≈ Avg |
|---|---|
| Median Home Value | $200,100 ▼ 28% below avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $713/mo |
| Total Housing Units | 1,107 |
| Vacant Units | 63 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Lothrop is a city in Michigan, located in Shiawassee County. The city spans 1 ZIP code and is home to approximately 2,727 residents. It is a middle-aged city, with a median age of 40.4 years.
Economically, New Lothrop is a middle-income community. The median household income of $81,146 is near the national average. Approximately 7.3% of residents live below the poverty line. The unemployment rate is 0.8%, well below the national average.
The real estate market in New Lothrop is an affordable housing market. Median home values stand at $200,100, which is below the national average. Renters typically pay around $713 per month. Homeownership is high at 87.1%, typical of suburban and family-oriented communities.
The population of New Lothrop is moderately educated. 38.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (97.98%).
New Lothrop, MI offers residents above-average earning potential within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 48460 | 2,727 | $81,146 | $200,100 | $713 | 0.8% | 38.3% | 87.1% |