At a Glance
Median Income
$36,750
$27,578 per capita
Home Value
$69,400
Zillow: $101,442
Median Rent
$620/mo
32.8% of income on rent
Bachelor's Degree+
15.7%
89.1% high school+
Unemployment
10.3%
25.3% poverty rate
Obesity Rate
40.1%
18.8% smoking rate
How Caspian Compares to the U.S. Average
Each bar shows Caspian's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Caspian a Good Place to Live?
B
3.0 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Caspian residents earn a median household income of $36,750 , which is 51% below the national average of $75,149.
Per capita income is $27,578. The unemployment rate stands at 10.3% (186% above the U.S. rate of 3.6%). 25.3% of residents live below the poverty line. The area is home to 392 business establishments, including 38 restaurants.
Housing & Cost of Living
The median home value in Caspian is $69,400 , 75% below the national median of $281,900.
Zillow estimates the typical home at $101,442. Median rent is $620/month, with 32.8% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1949.
Education
15.7% of adults in Caspian hold a bachelor's degree or higher
(53% below the national average).
89.1% have completed high school. Local schools score 5.0/10 in standardized testing.
Climate & Weather
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 totals 30.5 inches.
Data Overview
People
Population553
Median Age57.4 yrs
Density387/mi²
Male / Female53% / 47%
Foreign Born1.4%
Veterans10.5%
Economy
D
Median Income$36,750
Per Capita$27,578
Unemployment10.3%
Poverty25.3%
County GDP$420M
Avg Weekly Wage$864
Housing
A+
Home Value$69,400
Rent$620
Ownership71.6%
Zillow$101,442
Housing Units378
Rent Burden32.8%
Health
Obesity40.1%
Diabetes10.7%
Smoking18.8%
Heart Disease6.4%
Premature Death10,774/100K
Climate
Avg Temp39°F
Rain30.5 in/yr
Elevation1,476 ft
Education
C
Bachelor's+15.7%
High School+89.1%
Graduate+3.2%
School Score5.0/10
Community
2024 VoteR 64% / D 35%
Commute25 min
Broadband80.2%
Internet Speed34 Mbps
EV Stations1
Libraries3
Did You Know?
Caspian was founded in 1918.
The median home in Caspian was built in 1949.
The nearest airport is Marquette/Sawyer Regional (61 miles).
The Gini coefficient (income inequality) is 0.434 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
25.6% of the population has a disability.
The county recorded 1 fatal vehicle crashes.