Caspian, MI

Full City Profile · Michigan · Iron County County

3.0 /5.0
B Good
553 Population 387/sq mi density
$36,750 Median Income $27,578 per capita
$69,400 Home Value $101,442 Zillow
$620 Median Rent 32.8% income on rent
39°F Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
D
Economy
1.6 / 5.0
$36,750 median income, 10.3% 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

Population Overview

Total Population
553
Census 2023
Population Density
387
per square mile
Land Area
1.4
square miles (3.7 km²)
Median Age
57.4 yrs
48% above US avg (38.9 yrs)

Gender Distribution

52.6%
Male
47.4%
Female
53%
47%

Race & Ethnicity

White 84.6% US: 61.6%
Black 0% US: 12.4%
Hispanic 0% US: 18.7%
Asian 0.7% US: 5.9%
Other 14.7%
City vs. U.S. Average
White
84.6%
Black
0%
Hispanic
0%
Asian
0.7%
Thin line = U.S. average

Language Spoken at Home

English Only 96.4% US: 78.5%
Spanish 1.8% US: 13.4%
Other Languages 1.8%
City vs. U.S. Average
English Only
96.4%
Spanish
1.8%
Thin line = U.S. average

Social Characteristics

Foreign Born
1.4%
Veterans
10.5%
75% above US avg (6%)
Disability
25.6%
97% above US avg (13%)
Health Insurance Coverage
97.6%
7% above US avg (91.4%)
Uninsured
2.4%
72% below US avg (8.6%)
Income Inequality (Gini)
0.434
US avg: 0.490 (0 = perfect equality, 1 = max inequality)

Complete Demographics Data

Population

Total Population553
Population Year2023
Population Density387 / sq mi
Land Area1.4 sq mi
Median Age57.4 years

Gender

Male52.6%
Female47.4%

Race & Ethnicity

White84.6%
Black or African American0.0%
Hispanic or Latino0.0%
Asian0.7%

Language

English Only96.4%
Spanish1.8%

Social Indicators

Foreign Born1.4%
Veterans10.5%
Disability25.6%
Health Insurance97.6%
Uninsured2.4%
Broadband Access80.2%
Gini Coefficient0.434

Classification

USDA Rural-Urban Code9, Nonmetro / Rural