HomeMichiganOceana CountyNew Era village
New Era village, Michigan: commercial real estate data.
New Era village is a Census village of 433 people across 0.84 square miles of land, in Oceana County. Median household income is $77,125, 96.2 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $586,800.
66 sourced place values · tier FULL · 7 sections
New Era
What New Era is
- Census place typevillage
- Land area0.84 sq mi
- Water area0 sq mi
- Population per square mile of land516
- County holding the largest share of its areaOceana 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.
New Era
How many people live in New Era
- Population433
- Median age52.6
- Population under 1864 plus or minus 22
- Share under 1814.8 percent plus or minus 4.1
- Population 65 and over118 plus or minus 31
- Share 65 and over27.3 percent
- Households183
- Family households139 plus or minus 33
- Share of households that are families76.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Era
Income and work in New Era
- Median household income$77,125
- Per capita income$36,291
- Civilian labor force246 plus or minus 62
- Employed239 plus or minus 61
- Unemployed7 plus or minus 6
- Unemployment rate2.8 percent plus or minus 2.3
- Adults 25 and over331
- Adults 25 and over with a high school diploma or higher93.7 percent plus or minus 25.1
- Adults 25 and over with a bachelor degree or higher35.0 percent plus or minus 7.9
- Adults 25 and over with a graduate degree12.7 percent plus or minus 4.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Era
Housing in New Era
- Housing units198 plus or minus 40
- Occupied units183
- Vacant units15 plus or minus 18
- Vacancy rate7.6 percent plus or minus 9.0
- Owner occupied176
- Renter occupied7 plus or minus 8
- Ownership rate96.2 percent
- Median owner-occupied home value$180,800
- Median gross rent, monthly$900 plus or minus $339
- Annual rent as a share of median income14.0 percent plus or minus 5.6
- Single family units194 plus or minus 41
- Share single family98.0 percent
- Units in buildings of two or more3 plus or minus 12
- Share in buildings of two or more1.5 percent plus or minus 6.1
- Mobile homes1 plus or minus 2
- Median year structure built1963
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Era
How New Era gets to work
- Workers 16 and over who commute206 plus or minus 56
- Commuting under 15 minutes47 plus or minus 18
- Share commuting under 15 minutes22.8 percent plus or minus 6.4
- Commuting 30 minutes or more46 plus or minus 27
- Share commuting 30 minutes or more22.3 percent plus or minus 11.4
- Drove alone83.3 percent
- Carpooled1.7 percent plus or minus 2.0
- Public transport0.0 percent
- Walked1.3 percent plus or minus 2.5
- Worked from home13.8 percent plus or minus 7.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Era
SBA 7(a) lending to New Era borrowers
- Approvals4
- Gross approval$586,800
- Average approval$146,700
- Median approval$185,000
- Ninetieth percentile approval$275,300
- Largest approval$275,300
- Jobs supported2
- Jobs per approval0.5
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS2
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Oceana County, not New Era
Oceana County context, not New Era figures
These are Oceana County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as New Era measurements.
- Establishments in Oceana County468
- Employment at those establishments, Oceana County4,588
- Covered employment, Oceana County6,470
- Average annual pay, Oceana County$45,679
- Average weekly wage, Oceana County$878
- Housing units permitted, Oceana County147
- Of those, single family, Oceana County147
- County product, 2024, Oceana County$832,889,000
- County product change over the prior year, Oceana County-2.2 percent
- Average income of an arriving household, Oceana County$75,921
Every figure in this section is published for Oceana County as a whole and is not a measurement of New Era. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
New Era questions, answered from the record.
How many people live in New Era, Michigan?
433, in 183 households. New Era village covers 0.84 square miles of land, which is 516 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Era in?
Oceana 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 New Era?
$77,125. The median owner-occupied home is valued at $180,800. Median gross rent is $900 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to New Era businesses?
4 7(a) approvals totalling $586,800, across 1 lenders, median approval $185,000. These count approvals to borrowers whose address is in New Era, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to New Era borrowers get paid back?
No rate is published for New Era. only 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page New Era figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Oceana 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 New Era.
Is zoning published for New Era?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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