HomeMichiganLuce CountyNewberry
Newberry, Michigan: commercial real estate data.
Newberry is a Census village of 1,329 people across 0.98 square miles of land, in Luce County. Median household income is $45,781, 72.4 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $3.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Newberry
What Newberry is
- Census place typevillage
- Land area0.98 sq mi
- Water area0 sq mi
- Population per square mile of land1,354
- County holding the largest share of its areaLuce County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newberry
How many people live in Newberry
- Population1,329
- Median age36.9
- Population under 18325 plus or minus 74
- Share under 1824.5 percent
- Population 65 and over276 plus or minus 55
- Share 65 and over20.8 percent
- Households620
- Family households336 plus or minus 71
- Share of households that are families54.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newberry
Income and work in Newberry
- Median household income$45,781
- Per capita income$26,946
- Civilian labor force603 plus or minus 140
- Employed538 plus or minus 125
- Unemployed65 plus or minus 48
- Unemployment rate10.8 percent plus or minus 7.6
- Adults 25 and over869
- Adults 25 and over with a high school diploma or higher94.8 percent
- Adults 25 and over with a bachelor degree or higher18.3 percent plus or minus 5.7
- Adults 25 and over with a graduate degree6.7 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newberry
Housing in Newberry
- Housing units714
- Occupied units620
- Vacant units94 plus or minus 55
- Vacancy rate13.2 percent plus or minus 7.5
- Owner occupied449
- Renter occupied171 plus or minus 57
- Ownership rate72.4 percent
- Median owner-occupied home value$68,500
- Median gross rent, monthly$710
- Annual rent as a share of median income18.6 percent plus or minus 4.0
- Single family units593
- Share single family83.1 percent
- Units in buildings of two or more78 plus or minus 42
- Share in buildings of two or more10.9 percent plus or minus 5.7
- Mobile homes43 plus or minus 34
- Median year structure built1953
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newberry
How Newberry gets to work
- Workers 16 and over who commute489 plus or minus 127
- Commuting under 15 minutes388 plus or minus 101
- Share commuting under 15 minutes79.3 percent
- Commuting 30 minutes or more81 plus or minus 45
- Share commuting 30 minutes or more16.6 percent plus or minus 8.1
- Drove alone63.9 percent
- Carpooled18.0 percent plus or minus 8.2
- Public transport0.2 percent plus or minus 0.8
- Walked6.8 percent plus or minus 4.6
- Worked from home8.1 percent plus or minus 5.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newberry
SBA loans in Newberry (7(a))
- Approvals5
- Gross approval$3,233,300
- Average approval$646,660
- Median approval$300,000
- Largest approval$2,000,000
- Jobs supported101
- Jobs per approval20.2
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term240 months
- Share on real estate terms of 20 years or more80.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS4
Counted by borrower city: approvals to borrowers whose address is in Newberry, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Luce County, not Newberry
Luce County context, not Newberry figures
- Establishments in Luce County158
- Covered employment, Luce County1,786
- Average annual pay, Luce County$47,825
- Housing units permitted, Luce County9
Every figure in this section is published for Luce County as a whole and is not a measurement of Newberry.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Newberry questions, answered from the record.
How many people live in Newberry, Michigan?
1,329, in 620 households. Newberry village covers 0.98 square miles of land, which is 1,354 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Newberry in?
Luce County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Newberry?
$45,781. The median owner-occupied home is valued at $68,500. Median gross rent is $710 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Newberry businesses?
5 7(a) approvals totaling $3.2 m since FY2020, across 3 lenders, median approval $300,000. These count approvals to borrowers whose address is in Newberry, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Newberry borrowers get paid back?
No rate is published for Newberry. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Newberry figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Luce County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Newberry.
Is zoning published for Newberry?
No. Nothing on this page presents parcel level zoning.