Caspian, Michigan Population

Caspian, Michigan has a population of 800, with a median household income of $68,000.

Current population data for Caspian.

800

👥

Population

800

💰

Median Income

$68,000

📉

Unemployment

5.20%

🏠

Housing Price

$265,000

🚨

Crime Rate

4.80

🌐

Internet Speed

178.00 Mbps

Caspian is a small local community located in Michigan. The city has a population that is below the average city population in Michigan, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Michigan, Caspian provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Caspian has a population of 800, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Caspian is $68,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Caspian is about $265,000, making it relatively affordable compared to many cities in Michigan.

Employment and Safety

The unemployment rate in Caspian is 5.20%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Caspian are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Michigan, Caspian shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Caspian offers a balanced mix of economic conditions, population trends, and housing opportunities within Michigan.

Frequently Asked Questions about Caspian

What is the population of Caspian?

The population of Caspian is approximately 800.

Is Caspian a good place to live?

Caspian offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Caspian?

The median household income in Caspian is around $68,000.

How expensive is housing in Caspian?

The average housing price in Caspian is approximately $265,000.