Caspian, MI

Michigan

Caspian is a small town in Michigan with a population of 553. Residents earn $36,750 per year, which is 51% below the national average.

3.2 /5.0
B Good
553 Population 387/sq mi density
$36,750 Median Income $27,578 per capita
$69,400 Home Value
$620 Median Rent 32.8% income on rent
39°F Avg Temperature 249 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$36,750 median income, 4.1% unemployment
A+
Affordability
5.0 / 5.0
$69,400 home value, $620/mo rent
C
Education
2.3 / 5.0
15.7% bachelor's degree or higher
Median Income $36,750
51% lower than US avg
Home Value $69,400
75% lower than US avg
Bachelor's+ 15.7%
53% lower than US avg
Median Rent $620
47% lower than US avg
Obesity Rate 40.1%
25% higher than US avg
Unemployment 4.1%
14% higher than US avg
Poverty Rate 25.3%
104% higher than US avg

How Caspian Compares to the U.S. Average (100% = U.S. avg)

People

Population553
Median Age57.4 yrs
Density387/mi²
Male / Female53% / 47%
Largest GroupWhite 85%
Veterans10.5%

Economy

C
Median Income$36,750
Per Capita$27,578
Unemployment4.1%
Poverty25.3%
County GDP$420M
Commute25 min

Housing

A+
Home Value$69,400
Rent$620
OwnershipN/A
Housing Units378
Rent Burden32.8%

Health

Obesity40.1%
Uninsured7.3%
Smoking18.8%
Depression29.2%
Heart Disease6.4%

Climate

Avg Temp39°F (4°C)
AQI38 (Good)
Rain30.5 in/yr
Sunny Days249/yr
Elevation1,476 ft (450 m)

Education

C
Bachelor's+15.7%
High School+89.1%
Graduate+3.2%
School Score5.23

Community

2024 VoteR 64% / D 35%
Commute25 min
Broadband80.2%
Libraries3

Is Caspian a Good Place to Live?

Based on current data, Caspian receives an overall livability score of 3.2 out of 5.0, earning a grade of B. Key strengths include affordable housing, abundant sunshine, high health insurance coverage. Areas to be aware of include an elevated poverty rate, below-average incomes, high obesity rates. Caspian offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Caspian is $36,750, 51% below the national average of $75,149. Unemployment stands at 4.1%, indicating a healthy job market. The poverty rate of 25.3% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 25 minutes.

Cost of Living & Housing

The median home value in Caspian is $69,400, 75% below the national median — offering relatively affordable homeownership. Renters pay a median of $620 per month, below the national average — a plus for affordability. At just 1.9x median income, home prices are very affordable relative to local earnings.

Education

15.7% of residents hold a bachelor's degree, below the national average of 33.7%. 89.1% have completed high school. Area schools have an average test score of 5.2/10.

Climate & Weather

Caspian has a cool climate with an average annual temperature of 39°F. Winters average 11°F in January while summers reach 64°F in July. The area gets 249 sunny days per year. Annual precipitation totals 30.5 inches, including 67.4 inches of snow. Air quality is rated Good with a median AQI of 38.

Caspian has a population of 553 with a density of 387 people per square mile. The median age is 57.4 years, 48% older than the national median of 38.9. The city is predominantly White (84.6%), with 2.5% Hispanic.

Population

553
Total Population
387
People / sq mi
57.4yrs
Median Age
48% above US avg
1.4mi²
Land Area

Gender Distribution

Male 52.6%
Female 47.4%

Race & Ethnicity

Caspian vs U.S. Average

Language Spoken at Home

English Only98.2%
25% above US avg
Spanish1.8%
87% below US avg

Social Characteristics

Caspian vs U.S. Average

The median household income in Caspian is $36,750, which is 51% below the national average of $75,149. The unemployment rate is 4.1% (above the 3.6% US average). 25.3% of residents live below the poverty line. Workers commute an average of 25 minutes.

Income: Caspian vs U.S.

Commute Mode

Income

Median HH Income$36,750
51% below US avg
Per Capita Income$27,578
Avg Weekly Wage$864
IRS Avg AGI$53,815

Employment & Poverty

Unemployment4.1%
14% above US avg
Poverty Rate25.3%
104% above US avg
Establishments (County)392
County GDP$420M

Business (County)

Restaurants38
Healthcare28
Retail50
Manufacturing17

Tax & Cost of Living

Property Tax (IRS)$4,533
30% above US avg
Effective Tax Rate6.53%

Commute & Transportation

Commute Time24.9 min
Drive Alone79.9%
Public Transit0.0%
Work from Home1.7%

Walkability

The median home value in Caspian is $69,400, 75% below the national average. Monthly rent averages $620 (47% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$69,400
75% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$620
47% below US avg
Rent Burden32.8%

HUD Fair Market Rent

Studio$807
1 Bedroom$891
2 Bedrooms$1,113
3 Bedrooms$1,419
4 Bedrooms$1,588

Ownership & Property

Owner-Occupied71.6%
Housing Units378
Median Year Built1949

Property Tax

Avg Tax (IRS)$4,533
30% above US avg
Effective Rate6.53%
In Caspian, 40.1% of adults are obese (above the 32.1% national rate). 7.3% of residents lack health insurance. 18.8% are current smokers. 29.2% report depression. 25.9% are physically inactive.

Health Metrics: Caspian vs U.S. Average (%)

Chronic Conditions

Obesity40.1%
25% above US avg
Diabetes10.7%
Heart Disease6.4%
High Blood Pressure34.3%
Asthma12.0%
COPD8.6%
Cancer7.7%
Stroke3.4%

Behaviors & Mental Health

Smoking18.8%
34% above US avg
Binge Drinking18.1%
Physical Inactivity25.9%
Depression29.2%
Mental Distress20.7%
Physical Distress14.8%
Short Sleep33.2%

Healthcare Access

Insurance Rate95.2%
Uninsured7.3%
15% below US avg
Checkup Rate76.6%
Dental Visits67.8%
Premature Death10,774/100K

Food & Exercise

Food Environment7.1/10
Exercise Access82.3%
Healthcare Facilities28
Caspian has an average annual temperature of 39°F (4°C). Winters average 11°F in January while summers reach 64°F in July. Annual precipitation is 30.5 inches. The area enjoys 249 sunny days per year. Air quality is rated Good with a median AQI of 38.

Temperature

11°F Jan (-12°C) 64°F Jul (18°C)
Annual Average38.5°F
29% below US avg
January Average11°F (-12°C)
July Average64°F (18°C)
Sunny Days249 days/yr

Precipitation & Snow

Annual Rainfall30.5 inches
20% below US avg
Snowfall67.4 inches/yr

Air Quality

AQI Median38.0
RatingGood

Geography

Elevation1,476 ft (450 m)
Area1.4 sq mi (3.7 km²)
Population Density387/sq mi
Coordinates46.0653°N, 88.6266°W
TimezoneAmerica/Detroit
County FIPS26071
It is classified as Nonmetro — Rural. 15.7% of residents hold a bachelor's degree or higher (53% below US avg). In the 2024 election, the county voted Republican by a 29.3-point margin. 80.2% of households have broadband internet.

2024 Presidential Election (County)

R 64.1%
D 34.7%

Winner: Republican by 29.3 points

Education

Bachelor's Degree+15.7%
53% below US avg
High School+89.1%
Graduate Degree+3.2%
School Test Score5.23
C Education Grade (2.3/5.0)

Urban-Rural Classification

RUCC Code 9Nonmetro — Rural
Population Density387/sq mi
Total Area1.4 sq mi

Infrastructure & Services

Broadband Access80.2%
Public Libraries3
Healthcare Facilities28
Restaurants38
Retail Stores50

Safety & Disasters

Fatal Crashes (County/yr)1

Commute & Transportation

Avg Commute24.9 min
Drive Alone79.9%
Public Transit0.0%
Work from Home1.7%

Nearby Cities

Iron River, MI 3,009 pop · 2.2 mi Crystal Falls, MI 1,734 pop · 14.7 mi Kingsford, MI 5,138 pop · 31.0 mi Eagle River, WI 1,508 pop · 31.8 mi Iron Mountain, MI 7,508 pop · 31.8 mi Quinnesec, MI 1,150 pop · 35.3 mi Niagara, WI 1,386 pop · 35.9 mi Crandon, WI 1,499 pop · 36.7 mi Norway, MI 2,835 pop · 38.9 mi L'Anse, MI 1,916 pop · 48.3 mi Rhinelander, WI 8,248 pop · 48.6 mi Baraga, MI 1,948 pop · 49.4 mi West Ishpeming, MI 2,714 pop · 52.4 mi Ishpeming, MI 6,173 pop · 53.4 mi
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