Caro, Michigan

US Census Bureau ACS 5-Year Estimates ยท 2022

MI

Caro Demographics Overview

Total Population
4,294
ACS 2022 estimate
Median Household Income
$44,342
Annual household income
โ–ผ 41% vs US avg
Median Home Value
$88,200
Owner-occupied homes
โ–ผ 69% vs US avg
Median Gross Rent
$731
Monthly rent (incl. utilities)
โ–ผ 37% vs US avg
Median Age
40.5 years
Median age of residents
โ–ฒ 4% vs US avg

Income & Economy

Median Household Income
$44,342
US avg: $74,580
vs. National Median-40.5%

Housing

Median Home Value
$88,200
US avg: $281,900
Median Gross Rent
$731/mo
US avg: $1,163/mo
Rent vs. National Avg-37.1%

Population

Total Population4,294
Median Age
40.5 years
US avg: 38.9 yrs

Data Source

Data for Caro comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Caro, MI โ€” Frequently Asked Questions

Common questions about Caro demographics

What is the population of Caro, Michigan?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Caro, Michigan is 4,294.

What is the median household income in Caro?

The median household income in Caro, Michigan is $44,342 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Caro?

Key cost indicators for Caro, Michigan:. Median home value: $88,200. Median gross rent: $731/month. Median household income: $44,342/year

What is the median home value in Caro?

The median home value in Caro, Michigan is $88,200, compared to the national median of approximately $281,900.

What is the average age in Caro?

The median age in Caro, Michigan is 40.5 years, compared to the US national median age of approximately 38.9 years.

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Caro, MI Demographics - Population, Income & Housing (2022)