Caro, MI
Full City Profile · Michigan · Tuscola County County
2.6
/5.0
C+
Fair
4,284
Population
1,457/sq mi density
$41,940
Median Income
$25,267 per capita
$102,200
Home Value
$185,718 Zillow
$728
Median Rent
28.3% income on rent
47°F
Avg Temperature
635
Violent Crime/100K
1,645 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$41,940 median income, 11.7% unemployment
A+
Affordability
5.0 / 5.0
$102,200 home value, $728/mo rent
F
Safety
1.0 / 5.0
635 violent crimes/100K (67% above avg)
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
11.7%
225% 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 Rate | 11.7% |
| Poverty Rate | 18.6% |
| Gini Coefficient | 0.404 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 77.9% |
| Public Transit | 0.0% |
| Work From Home | 3.4% |
Businesses
| Total Establishments | 921 |
| Restaurants | 66 |
| Healthcare | 108 |
| Retail | 136 |
| Manufacturing | 51 |
Tax
| IRS Avg AGI | $56,247 |
| Avg Property Tax | $3,650 |