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Caro, MI

Full City Profile · Michigan · Tuscola County County

2.7 /5.0
C+ Fair
4,284 Population 1,457/sq mi density
$41,940 Median Income $25,267 per capita
$102,200 Home Value $177,535 Zillow
$728 Median Rent 28.3% income on rent
47°F Avg Temperature 260 sunny days/yr
302 Violent Crime/100K 1,940 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$41,940 median income, 5.7% unemployment
A+
Affordability
5.0 / 5.0
$102,200 home value, $728/mo rent
F
Safety
1.0 / 5.0
302 violent crimes/100K
C
Education
2.3 / 5.0
15.7% bachelor's degree or higher

Income Overview

Median Household Income
$41,940
44% below
US avg: $75,149
Per Capita Income
$25,267
35% below
US avg: $39,052
Unemployment Rate
5.7%
58% above
US avg: 3.6%
Poverty Rate
18.6%
50% above
US avg: 12.4%

Income Comparison: Caro vs. U.S. Average

Each bar shows Caro’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$41,940
56%
Per Capita
US: $39,052
$25,267
65%
IRS Avg AGI
US: $72,000
$56,247
78%
Avg Weekly Wage
US: $1,432
$976
68%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$976
32% below US avg ($1,432)
Mean Commute Time
24 min
13% below US avg (28 min)
Work From Home
3.4%
78% below US avg (15.2%)
Drive Alone
77.9%
6% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,769M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 77.9%
Public Transit 0%
Work From Home 3.4%
Other 18.7%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
921
Restaurants
66
Healthcare
108
Retail
136
Manufacturing
51

Tax & Financial

IRS Avg Adjusted Gross Income
$56,247
22% below US avg ($72,000)
Avg Property Tax
$3,650
4% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$41,940
Per Capita Income$25,267
IRS Avg Adjusted Gross Income$56,247
Avg Weekly Wage$976
County GDP$1,769M

Hardship Indicators

Unemployment Rate5.7%
Poverty Rate18.6%
Gini Coefficient0.404
Cost of Living Index96.2

Commute

Mean Commute24 minutes
Drive Alone77.9%
Public Transit0.0%
Work From Home3.4%

Businesses

Total Establishments921
Restaurants66
Healthcare108
Retail136
Manufacturing51

Tax

IRS Avg AGI$56,247
Avg Property Tax$3,650