All Countries
Caspian, MI
Full City Profile · Michigan · Iron County County
2.7
/5.0
C+
Fair
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
249 sunny days/yr
205
Violent Crime/100K
4,162 property/100K
C+
Overall
2.7 / 5.0
Fair 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
F
Safety
1.0 / 5.0
205 violent crimes/100K
C
Education
2.3 / 5.0
15.7% bachelor's degree or higher
Change Over Time (2013–2023)
Population Change
-7.3%
882 → 818
over 10 years
Annual Pop. Growth
-0.75%
Compound annual growth rate
Median Income Change
+37%
$26,833 → $36,750
nominal, not inflation-adjusted
Annual Income Growth
+3.2%
Compound annual growth rate
Population Over Time
Total population for Caspian across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
776
-42 from 2023 (818)
Projected Median Income 2030
$45,816
+$9,066 from 2023 ($36,750)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 882 | — | $26,833 | — |
| 2015 | 867 | -1.7% | $24,153 | -10% |
| 2017 | 850 | -2% | $23,558 | -2.5% |
| 2019 | 846 | -0.5% | $29,063 | +23.4% |
| 2021 | 805 | -4.8% | $39,583 | +36.2% |
| 2023 | 818 | +1.6% | $36,750 | -7.2% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.