Also See Caro, MI: ZIP Codes & Maps
The City of Caro had a population of 4,258 as of July 1, 2023.
The primary coordinate point for Caro is located at latitude 43.4911 and longitude -83.3969 in Tuscola County. The formal boundaries for the City of Caro encompass a land area of 2.8 sq. miles and a water area of 0.01 sq. miles. Tuscola County is in the Eastern time zone (GMT -5).
The City of Caro has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The City of Caro is located within Township of Indianfields, a minor civil division (MCD) of Tuscola County.
POPULATION | |
---|---|
Total Population | 4,258 (100%) |
Population in Households | 4,015 (94.3%) |
Population in Families | 2,929 (68.8%) |
Population in Group Quarters1 | 243 ( 5.7%) |
Population Density | 1,446 |
Diversity Index2 | 30 |
INCOME | |
Median Household Income | $50,652 |
Average Household Income | $69,642 |
% of Income for Mortgage4 | 11% |
Per Capita Income | $30,009 |
Wealth Index5 | 51 |
Socioeconomic Status Index6 | Low (39.4) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,995 (100%) |
Owner Occupied HU | 1,176 (58.9%) |
Renter Occupied HU | 645 (32.3%) |
Vacant Housing Units | 174 ( 8.7%) |
Median Home Value | $92,928 |
Average Home Value | $117,772 |
Housing Affordability Index3 | 192 |
HOUSEHOLDS | |
Total Households | 1,821 |
Average Household Size | 2.20 |
Family Households | 989 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.50% | -0.24% |
Households | -0.12% | 0.04% |
Families | -0.28% | |
Median Household Income | 2.02% | |
Per Capita Income | 3.04% | |
Owner Occupied HU | 0.02% |
The table below compares Caro to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 200 | 73rd |
Population Density | # 224 | 70th |
Median Household Income | # 558 | 25th |
Housing Affordability Index | # 690 | 93rd |
Per Capita Income | # 496 | 34th |
Diversity Index | # 230 | 69th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.
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