New Era, MI
Population 453 · Michigan
About New Era, MI
New Era is a small community in Michigan with a population of 453 residents. The median household income is $81,500 per year, which is above the national average. The median age in New Era is 53.1 years.
Housing in New Era has a median home value of $172,200 and median monthly rent of $967. Of the 193 total housing units, the majority are owner-occupied, with 168 owner-occupied and 10 renter-occupied units.
The unemployment rate in New Era is 1.2% and the poverty rate is 7.3%. 31.1% of residents hold a bachelor's degree or higher. The average commute time is 23.8 minutes.
How New Era Ranks in Michigan
Cost of Living in New Era, MI
Compared to national averages, New Era has a median household income of $81,500 (8% above the national median of $75,149). Home values average $172,200, which is 30% below the national median. Monthly rent at $967 is 17% below the US average of $1,163. Within Michigan, New Era's income is 23% above the state average of $66,017, and home values are 6% below the state median of $183,391.
Why Live in New Era, MI?
New Era offers a strong local economy with a median household income of $81,500, well above the national average, and affordable housing with a median home value of $172,200, below the US average of $244,900, and rent that’s lower than the national average at $967/month. Additionally, the city features a strong job market with an unemployment rate of just 1.2%, and a low poverty rate of 7.3%, better than the national average, and short commute times averaging just 23.8 minutes.
New Era has a population of 453 with a median age of 53.1 years. Compare New Era with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near New Era
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Whittemore | 447 | $33,056 | $59,600 | Compare |
| Ashley | 440 | $53,750 | $105,000 | Compare |
| Oak Hill | 440 | $56,458 | $130,300 | Compare |
| Bloomingdale | 467 | $65,417 | $113,500 | Compare |
| Perrinton | 467 | $52,868 | $99,400 | Compare |
| Sterling | 439 | $58,750 | $84,700 | Compare |
| Barnes Lake | 468 | $75,585 | $212,300 | Compare |
| Millburg | 437 | $62,708 | $100,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New Era
What is the population of New Era, MI?
The population of New Era, MI is 453 according to the latest Census data.
What is the median household income in New Era?
The median household income in New Era, MI is $81,500 per year.
What is the median home value in New Era?
The median home value in New Era, MI is $172,200.
What is the average rent in New Era?
The median monthly rent in New Era, MI is $967.
What is the unemployment rate in New Era?
The unemployment rate in New Era, MI is 1.2%.