Everything You Should Know Before Moving to New Lothrop, MI
Considering a move to New Lothrop, MI? This small town of 565 residents offers affordable living, with median home prices around $144,000 and average rents of just $740. Enjoy a friendly, close-knit community, low crime rates (violent crime: 150 per 100K), and easy commutes averaging under 30 minutes. The area features a solid school district, a reasonable cost of living, and a classic Michigan climate with four distinct seasons. Explore the details below to see if New Lothrop is the right fit for your next move!
Demographics - New Lothrop, MI
Demographics - New Lothrop, MI
New Lothrop is a small, close-knit community with a population of just 565, a median age of 41, and a population density of about 1,010 residents per square mile. The town is predominantly White, with a balanced gender ratio and a very small percentage of non-English speakers, making it a welcoming and cohesive environment.
Population:
565
Density:
1,010 per sq mi
Median Age:
41.2
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
2.5%
Ethnic Composition
White:
94.6%
Black:
0.2%
Asian:
0.0%
Others:
5.2%
Cost Of Living
What is the average cost of living in New Lothrop, MI?
Living in New Lothrop is notably affordable, with a median home value of $144,000 and average rent around $740. The area's cost of living index is well below the national average, allowing residents to enjoy lower housing, grocery, and healthcare expenses compared to many Michigan towns.
Median House Value:
$144,000
Gross Rent:
$740
Monthly Electricity Charges:
$120
Auto Insurance:
$1,350
House Owner Cost With Mortgage:
$1,020
House Owner Cost Without Mortgage:
$395
State Taxes:
Low:
4.25%
|
High:
6.0%
Cost Of Living Index:
84.1
Grocery:
91.5
Housing:
64.2
Utilities:
95.3
Transportation:
89.1
Health Care:
86.7
Miscellaneous:
92.5
Crime
Is New Lothrop, MI a safe place to live?
New Lothrop boasts a low crime rate, with just 150 violent crimes and 1,050 property crimes per 100,000 residents annually. This translates to a 1 in 667 chance of experiencing violent crime, contributing to a safe and peaceful community atmosphere.
Violent Crimes Per 100k:
150
Property Crimes Per 100k:
1,050
Crime Index:
1,200
Chance Of Violent Crime:
1 in 667
Chance Of Property Crime:
1 in 95
Weather
What is the weather like in New Lothrop, MI year-round?
Residents experience a classic Michigan climate, with cold winters averaging lows of 16°F, warm summers reaching highs of 82°F, and about 31 inches of annual rainfall. Nearly half the year is sunny, making for a balanced mix of seasons and outdoor opportunities.
Winter
Min:
16°F
Max:
32°F
Spring
Min:
36°F
Max:
62°F
Summer
Min:
59°F
Max:
82°F
Fall
Min:
37°F
Max:
66°F
Average Rainfall Inches:
31.0 inches
Sunny Days Percentage:
49%
Neighbors
The town's median household income is $56,800, and most residents have completed high school, with nearly 17% holding a bachelor's degree or higher. The poverty rate remains under 10%, and average commute times are just under 30 minutes, reflecting a stable and accessible local economy.
Median Income:
$26,500
Household Income:
$56,800
Family Income:
$68,200
Per Capita Income:
$24,200
Income Male:
$38,000
Income Female:
$31,000
Poverty Rate:
9.8%
Non English Speakers:
2.5%
Rent:
$740
Unemployment Rate:
5.4%
Public Transport Usage:
0.3%
Commute Time:
29.4 minutes
Education
High School or Higher:
91.2%
Bachelors or More:
16.8%
Education
How are the schools in New Lothrop, MI?
The local public school district offers a supportive learning environment with a student-teacher ratio of 17:1, and families benefit from proximity to community colleges in Flint and Owosso. Educational attainment is strong, with over 91% of neighbors having at least a high school diploma.
Public Schools
Name:
New Lothrop Area Public Schools
Street:
9285 Easton Rd
Phone:
810-638-5091
Students:
755
Student Teacher Ratio:
17.3
Colleges
Name:
Mott Community College
City:
Flint
State:
MI
Distance:
22 miles
Students:
7,100
Name:
Baker College of Owosso
City:
Owosso
State:
MI
Distance:
16 miles
Students:
1,800
Healthcare
Healthcare in New Lothrop is supported by nearby facilities like Memorial Healthcare in Owosso, offering general and emergency services. Most residents have health insurance, and access to physicians is comparable to similar small towns, ensuring essential medical needs are met locally.
Major Hospitals
Name:
Memorial Healthcare
Address:
826 W. King Street, Owosso, MI 48867
Phone:
(989) 723-5211
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.5
Health Insurance Coverage:
92.1%
Health Care Index:
68.9
Housing Market
What is the housing market like in New Lothrop, MI?
New Lothrop offers a stable housing market, with a median home price of $144,000 and about 78% of homes being owner-occupied. Home values have seen modest appreciation over the past year, and rental options remain accessible with low vacancy and foreclosure rates.
Median Home Price:
$144,000
Average Rent For 2 Bedroom:
$740
Owner Occupied Rate:
78.4%
Rental Vacancy Rate:
6.2%
Home Appreciation Rate (1yr):
5.1%
New Construction Rate:
0.7%
Foreclosure Rate:
0.8%
DMV Information
Residents are served by the Michigan Secretary of State office in nearby Owosso, which handles all motor vehicle and licensing needs. The office is conveniently located and provides a range of DMV services both in-person and online.
State:
Michigan
Department:
Michigan Secretary of State
Address:
1717 E. M-21, Owosso, MI 48867
Phone:
1-888-767-6424
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.