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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
Housing Overview
Median Home Value
$102,200
64% below
US avg: $281,900
Median Rent
$728/mo
37% below
US avg: $1,163/mo
Homeownership Rate
62.6%
4% below US avg (65.4%)
Total Housing Units
2,000
Median year built: 1961
Home Value by Source
Census Median
$102,200
Zillow (ZHVI)
$177,535
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.6%
Owner-Occupied
37.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$728/mo
Affordability & Housing Stock
Rent Burden
28.3%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
62.6%
Complete Housing Data
Home Values
| Census Median Value | $102,200 |
| Zillow Home Value (ZHVI) | $177,535 |
Rent
| Census Median Rent | $728 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 62.6% |
| Renter-Occupied | 37.4% |
| Homeownership Rate | 62.6% |
| Total Housing Units | 2,000 |
| Median Year Built | 1961 |
| Rent Burden | 28.3% |