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CITY

Caspian

Michigan · 818 residents (2025 est.) · 1.427 sq mi
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The short version

Caspian has notably lower household income than the US average, with a median household income of $32,794. Population has fallen 40% since 2000, a loss of 397 residents. 13% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $79,100. With a median age of 49.0, the population is older than the US median of 38.9. Households here earn about 55% less than the Michigan median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 49.0
US median: 38.9
Less educated
13% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
600
−40%since 2000
from 997 in 2000
1990 – 2025
Population density
420 / sq mi
−40%since 2000
from 699 / sq mi in 2000
US average: 281
Median age
49.0
+15%since 2000
from 42.5 in 2000
US average: 38.9

PEP 2025 EST:818 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
4225887549191K1990201020202024Caspian
2024600
1990201020202024
Section 02

Income & economy

Median household income
$32,794
−27%inflation adjusted, since 2000
from $24,524 in 2000
US average: $82,259
1990 – 2024
Per capita income
$26,914
+85%since 2000
from $14,544 in 2000
US average: $44,673
Households earning $100K+
18.8%
+6.9 ptssince 2009
from 12.0% in 2009
US average: 53.3%
Poverty rate
35.3%
+17.0 ptssince 2000
from 18.3% in 2000
US average: 12.5%
Income inequality (Gini)
0.472
+22%since 2010
from 0.386 in 2010
US average: 0.476
Workforce by industry, 2024
Wholesale trade19.6%
US avg: 6.9%
Information9.6%
US avg: 10.8%
Transportation & warehousing4.3%
US avg: 2.2%
Finance & insurance4.3%
US avg: 5.9%
Professional, scientific, technical4.3%
US avg: 5.1%
Retail trade2.4%
US avg: 9.9%
Agriculture, forestry, fishing1.4%
US avg: 1.6%
Construction1.4%
US avg: 1.2%
Other services1.4%
US avg: 6.7%
Public administration1.4%
US avg: 4.8%
Arts, entertainment, food1%
US avg: 1.9%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$79,100
+21%inflation adjusted, since 2000
from $36,000 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$665
+23%inflation adjusted, since 2000
from $297 in 2000
US average: $1,442
Owner-occupied
75.3%
−0.6 ptssince 2000
from 76.0% in 2000
24.7% rent
Vacancy rate
19.8%
−10.0 ptssince 2009
from 29.8% in 2009
US average: 10.0%
Owner cost-burdened
24.2%
+2.8 ptssince 2009
from 21.4% in 2009
US average: 22.9%
Renter cost-burdened
52.5%
+13.1 ptssince 2009
from 39.4% in 2009
US average: 47.4%
Afford Score
2.4
+64%since 2000
from 1.5 in 2000
1990 – 2024
Gentrification Score
29
RELATED:See current rent listings in Caspian on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97%(967)
Black0.3%(3)
Hispanic / Latino0.3%(3)
Asian0.6%(6)
Other0%
Diversity Score3%(30)
2024
White, non-Hispanic80.5%(483)
Black0.2%(1)
Hispanic / Latino0%(0)
Asian1%(6)
Other18.3%(110)
Diversity Score39.8%(239)
Diversity Score
40
+1209%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
12.7%
+2.9 ptssince 2000
from 9.8% in 2000
US average: 35.6%
High school or higher
86.8%
−0.7 ptssince 2000
from 87.6% in 2000
US average: 89.6%
Graduate degree
4.8%
+3.0 ptssince 2000
from 1.8% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
24.2 min
+96%since 2000
from 12.3 min in 2000
US average: 26.5
Drive alone to work
76.7%
−12.2 ptssince 2009
from 88.9% in 2009
US average: 68.9%
Carpooled to work
7.3%
+3.3 ptssince 2009
from 3.9% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
8.3%
+5.7 ptssince 2009
from 2.5% in 2009
US average: 15.0%
Walked to work
1.9%
−2.7 ptssince 2009
from 4.7% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
11.7%
−0.2 ptssince 2009
from 12.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.0%
−9.8 ptssince 2011
from 14.8% in 2011
US average: 5.2%
Labor force participation
42.5%
−13.4 ptssince 2011
from 55.9% in 2011
US average: 63.5%
Self-employed
13.4%
−0.3 ptssince 2009
from 13.7% in 2009
US average: 13.1%
Management & professional
25.4%
−32.3 ptssince 2009
from 57.7% in 2009
US average: 42.5%
Section 08

People & community

Male
50.7%
+9.0 ptssince 2009
from 41.7% in 2009
Female
49.3%
−9.0 ptssince 2009
from 58.3% in 2009
Foreign born
1.3%
Unchangedsince 2009
from 1.3% in 2009
US average: 14.1%
Veterans
8.0%
−32.2 ptssince 2009
from 40.2% in 2009
US average: 6.2%
With a disability
28.0%
+5.6 ptssince 2012
from 22.4% in 2012
US average: 13.3%
Uninsured
3.5%
−82.2 ptssince 2013
from 85.7% in 2013
US average: 8.4%
Broadband at home
82.4%
+43.3 ptssince 2017
from 39.1% in 2017
US average: 91.0%
English only at home
96.1%
−0.8 ptssince 2016
from 96.8% in 2016
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2016
from 0.0% in 2016
US average: 13.6%
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Frequently asked

How many people live in Caspian, Michigan?

Caspian, Michigan has about 600 residents according to the 2024 American Community Survey.

What is the median household income in Caspian, Michigan?

The typical household in Caspian, Michigan earns about $32,794 a year. Half of households make more than that, and half make less.

Is Caspian, Michigan expensive?

In Caspian, Michigan, the median home is worth about $79,100, and the typical rent is about $665 a month.

How educated are people in Caspian, Michigan?

About 12.7% of adults age 25 and over in Caspian, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Caspian, Michigan?

About 35.3% of people in Caspian, Michigan live below the federal poverty line.

Has Caspian, Michigan grown since 1990?

Yes, Caspian, Michigan has shrunk since 1990. The population has lost about 430 residents, a change of about -42 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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