Caspian
Caspian has notably lower household income than the US average, with a median household income of $32,813. Population has fallen 19% since 2000, a loss of 192 residents. 9% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $46,800. With a median age of 52.6, the population is older than the US median of 38.8. Households here earn about 45% less than the Michigan median.
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How many people live in Caspian, Michigan?
Caspian, Michigan has about 805 residents according to the 2020 American Community Survey.
What is the median household income in Caspian, Michigan?
The typical household in Caspian, Michigan earns about $32,813 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 $46,800, and the typical rent is about $547 a month.
How educated are people in Caspian, Michigan?
About 8.7% 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 26.7% 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 225 residents, a change of about -22 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024