MI area data
Newberry, MI
Newberry, MI.
Population: 4,964 (Census ACS)
Home values & appreciation
- Median home value
- $118,063
- 1-year appreciation
- +3.6%
- 3-year appreciation
- +1.4%
- 5-year appreciation
- +6.8%
- 10-year appreciation
- +31.4%
- All-time peak (2023-03)
- $124,654
- House Price Index
- 387.5 (+5.5% YoY)
Market activity
- New listings (monthly)
- 15
Affordability
- Cost of living index (Below Average)
- 92.0 (100 = US avg)
- Electricity rate (state-level)
- 20.0¢/kWh
- Natural gas rate (state-level)
- $10.90/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 2
- Elementary schools
- 0
- Middle schools
- 0
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Very Low
Climate (30-year normals)
- Average annual temperature
- 42.0°F
- Average high
- 51.0°F
- Average low
- 33.0°F
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Pictured Rocks National Lakeshore (39 mi)
- Nearest airport
- Luce County Airport (11 mi)
- Hospitals nearby (~15 mi)
- 1
- Solar radiation rating
- Fair (3.6 kWh/m²/day)
Migration
- Net migration
- -15 tax filers
Housing stock
- Median year housing built
- 1,974
- Median annual property tax
- $1,052
- Mean commute to work
- 14 min
- Households with broadband internet
- 54.5%
Employment & development
- Total county employment
- 999
- Average weekly wage
- $687
- Top industries (by employment)
- Accommodation & Food, Finance & Insurance, Agriculture
- Annual residential building permits (county)
- 9
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →