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The total population of New Lothrop is estimated to be 621 with 307 males (49.44%) and 314 females (50.56%). There are 7 more females than males in New Lothrop.
The median household income in New Lothrop was $74,651 in 2021, which marked an a decrease of 2,403(3.12%) from $77,054 in 2020. This income is 100.06% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, New Lothrop sees its highest median household income among householders in the age group of 45 to 64 years old, at $78,366. Overall, the median household income for the village of New Lothrop stands at $74,651.
In New Lothrop, the median income for all workers aged 15 years and older, regardless of work hours, was $47,658 for males and $35,256 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,099 for males and $55,735 for females.
In New Lothrop, population is primarily represented by White households, reporting a median income of $70,259.
In 2022, the population of New Lothrop was 585, a 0.17% decrease year-by-year from 2021. Previously, in 2021, New Lothrop's population was 586, a decline of 0.51% compared to a population of 589 in 2020.
The median age in New Lothrop, MI is 30.6, as per 2021 ACS 5-Year Estimates. Of the total population, 24.22% were under the age of 15, 23.48% aged 15 to 29, 42.05% aged 30 to 64, 9.66% aged 65 to 84, and 0.59% were 85 years of age and older.
Racial distribution of New Lothrop population: 91.23% are White, 6.09% are Black or African American, 0.45% are Asian and 2.23% are multiracial.