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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!
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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