What is the median household income in New Baltimore, MI?
The median household income in New Baltimore, MI is $106,033 (±$16,692) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,039 a month would take about $41,600 a year at the common guideline of spending no more than 30% of income on rent.
In New Baltimore, the median household income went from $77,730 in 2015–2019 to $106,033 in 2020–2024 (+36.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $106,033 (±$16,692)
- Median renter income
- $26,929 (±$8,668)
- Income to afford median rent
- about $41,600
Income in New Baltimore against Macomb County, its state and the nation
| New Baltimore | Macomb County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $106,033 (±$16,692) | $77,837 (±$1,037) | $72,875 (±$293) | $80,734 |
| Median renter household income | $26,929 (±$8,668) | $47,834 (±$1,685) | $42,352 (±$376) | $52,966 |
| Median owner household income | $124,491 (±$13,400) | $91,083 (±$1,275) | $87,130 (±$344) | $100,009 |
| Median gross rent | $1,039 (±$118) | $1,211 (±$13) | $1,129 (±$4) | $1,413 |
In New Baltimore, median household income is higher than in Macomb County ($77,837).
It is also higher than in Michigan ($72,875).
It is higher than the national figure ($80,734).
In Macomb County, New Baltimore ranks 5 of 23 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 116 of 1,517.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in New Baltimore
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,039 a month ($12,468 a year) needs an income of about $41,600 a year.
The median renting household in New Baltimore earns $26,929 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $77,730 (±$4,141) | $106,033 (±$16,692) | +36.4% | No measurable change after inflation |
| Median gross rent | $741 (±$37) | $1,039 (±$118) | +40.2% | Up after inflation |
| Median home value | $225,400 (±$7,461) | $323,200 (±$12,223) | +43.4% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near New Baltimore
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| New Baltimore | — | $106,033 (±$16,692) | — |
| Chesterfield Township | 3.5 mi | $91,508 (±$2,871) | Not measurably different |
| Ira Township | 4.1 mi | $70,469 (±$20,802) | Lower |
| New Haven | 4.3 mi | $66,125 (±$15,436) | Lower |
| Lenox Township | 6.0 mi | $72,484 (±$4,539) | Lower |
| Casco Township (St. Clair County) | 6.6 mi | $87,538 (±$11,819) | Not measurably different |
| Clay Township | 7.8 mi | $87,292 (±$7,948) | Lower |
| Harrison Charter Township | 7.9 mi | $80,366 (±$9,302) | Lower |
| Pearl Beach | 8.5 mi | $83,208 (±$8,050) | Lower |
Nearby places with a measurably lower figure: Ira Township, MI ($70,469), New Haven, MI ($66,125), Lenox Township, MI ($72,484).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Macomb County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Richmond Township (Macomb County) | $126,450 (±$22,811) |
| 2 | Macomb Township | $120,652 (±$3,897) |
| 3 | Bruce Township (Macomb County) | $117,989 (±$12,440) |
| 4 | Ray Township | $117,917 (±$20,651) |
| 5 | New Baltimore | $106,033 (±$16,692) |
| 6 | Armada Township | $105,734 (±$17,615) |
| 7 | Washington Charter Township | $97,723 (±$9,329) |
| 8 | Chesterfield Township | $91,508 (±$2,871) |
| 9 | Shelby Charter Township | $91,012 (±$4,888) |
| 10 | Harrison Charter Township | $80,366 (±$9,302) |
| 11 | Sterling Heights | $79,909 (±$3,056) |
Showing 11 of 23 places in Macomb County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in New Baltimore
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for New Baltimore beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near New Baltimore, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near New Baltimore, and send estimates and invoices from your phone.
Questions about New Baltimore
What is the median household income in New Baltimore?
The median household income in New Baltimore is $106,033 (±$16,692) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in New Baltimore?
About $41,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,039 a month.
Have incomes in New Baltimore kept up with inflation?
In New Baltimore, the median household income went from $77,730 in 2015–2019 to $106,033 in 2020–2024 (+36.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in New Baltimore?
The median renting household in New Baltimore, MI earns $26,929 (±$8,668) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — New Baltimore city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — New Baltimore city, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Baltimore city, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — New Baltimore city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Baltimore city, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — New Baltimore city, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for New Baltimore city, Michigan (place:57100, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in New Baltimore at a glance
- Median rent in New Baltimore
- Rent by bedrooms in New Baltimore
- Rent burden in New Baltimore
- Renters and owners in New Baltimore
- Home values in New Baltimore
- Homeowner costs in New Baltimore
- Property taxes in New Baltimore
- Types of homes in New Baltimore
- Bedrooms in New Baltimore
- Age of homes in New Baltimore
- Heating fuel in New Baltimore
- Commute and cars in New Baltimore
- Crime reported to police in New Baltimore
- Population growth in New Baltimore
- How long people stay in New Baltimore
- Crowding and facilities in New Baltimore
- Fair Market Rent in New Baltimore
- Michigan landlord and tenant rules
- Housing across Macomb County
- Michigan places ranked by median household income
- Housing data for every place in Michigan