What is the median household income in Newfield Township, MI?

The median household income in Newfield Township, MI is $62,391 (±$13,452) a year (2020–2024 American Community Survey).

Paying the median gross rent of $920 a month would take about $36,800 a year at the common guideline of spending no more than 30% of income on rent.

In Newfield Township, the median household income went from $50,256 in 2015–2019 to $62,391 in 2020–2024 (+24.1%).

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
$62,391 (±$13,452)
Median renter income
$35,750 (±$9,893)
Income to afford median rent
about $36,800

Income in Newfield Township against Oceana County, its state and the nation

Income, estimate (90% margin of error)
Newfield TownshipOceana CountyMichiganUnited States
Median household income$62,391 (±$13,452)$62,417 (±$3,332)$72,875 (±$293)$80,734
Median renter household income$35,750 (±$9,893)$36,368 (±$2,479)$42,352 (±$376)$52,966
Median owner household income$70,764 (±$7,599)$69,813 (±$2,806)$87,130 (±$344)$100,009
Median gross rent$920 (±$199)$759 (±$41)$1,129 (±$4)$1,413

In Newfield Township, median household income is not measurably different from Oceana County ($62,417).

It is not measurably different from Michigan ($72,875).

It is lower than the national figure ($80,734).

In Oceana County, Newfield Township ranks 9 of 17 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 987 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 Newfield Township

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 $920 a month ($11,040 a year) needs an income of about $36,800 a year.

The median renting household in Newfield Township earns $35,750 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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$50,256 (±$5,037)$62,391 (±$13,452)+24.1%No measurable change after inflation
Median gross rent$832 (±$150)$920 (±$199)+10.6%No measurable change after inflation
Median home value$95,000 (±$7,665)$170,200 (±$11,544)+79.2%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 Newfield Township

Nearest places with a published estimate, compared with Newfield Township
PlaceDistanceMedian household incomeCompared with this place
Newfield Township—$62,391 (±$13,452)—
Ferry Township5.5 mi$54,601 (±$10,873)Not measurably different
Leavitt Township6.0 mi$52,679 (±$10,084)Not measurably different
Denver Township (Newaygo County)6.3 mi$41,735 (±$6,607)Lower
Greenwood Township (Oceana County)6.9 mi$54,375 (±$13,062)Not measurably different
Walkerville7.8 mi$33,750 (±$11,848)Lower
Elbridge Township8.0 mi$80,833 (±$30,318)Not measurably different
Otto Township8.4 mi$69,583 (±$15,706)Not measurably different
Dayton Township (Newaygo County)8.5 mi$81,635 (±$10,822)Higher

Nearby places with a measurably lower figure: Denver Township (Newaygo County), MI ($41,735), Walkerville, MI ($33,750).

Nearby places with a measurably higher figure: Dayton Township (Newaygo County), MI ($81,635).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Oceana County, place by place

RankPlaceMedian household income
3Benona Township$77,632 (±$29,666)
4Colfax Township (Oceana County)$77,500 (±$28,725)
5Otto Township$69,583 (±$15,706)
6Claybanks Township$68,281 (±$9,856)
7Shelby Township$67,736 (±$5,800)
8Golden Township$67,426 (±$9,057)
9Newfield Township$62,391 (±$13,452)
10Hart Township$59,821 (±$8,187)
11Grant Township (Oceana County)$57,625 (±$10,525)
12Weare Township$55,114 (±$13,047)
13Ferry Township$54,601 (±$10,873)
14 (tie)Crystal Township (Oceana County)$54,375 (±$10,784)
14 (tie)Greenwood Township (Oceana County)$54,375 (±$13,062)

Showing 13 of 17 places in Oceana County, ranked from highest to lowest.

The figures for Newfield Township include the places inside it that have pages of their own: Hesperia.

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 Newfield Township

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Questions about Newfield Township

What is the median household income in Newfield Township?

The median household income in Newfield Township is $62,391 (±$13,452) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Newfield Township?

About $36,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $920 a month.

Have incomes in Newfield Township kept up with inflation?

In Newfield Township, the median household income went from $50,256 in 2015–2019 to $62,391 in 2020–2024 (+24.1%).

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 Newfield Township?

The median renting household in Newfield Township, MI earns $35,750 (±$9,893) a year.

Sources

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 Newfield township, Oceana County, Michigan (county subdivision:57300, in state:26 county:127).

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.

Request a Census API 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 .

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