The City of Caspian had a population of 872 as of July 1, 2017.
The primary coordinate point for Caspian is located at latitude 46.0653 and longitude -88.6266 in Iron County. The formal boundaries for the City of Caspian (see map below) encompass a land area of 1.42 sq. miles and a water area of 0 sq. miles. Iron County is in the Central time zone (GMT -6). The elevation is 1,496 feet.
The City of Caspian (GNIS ID: 1626043) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Beneath the boundary map are tables with Caspian population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.
|Daytime Population: Workers||244|
|Daytime Population: Residents||486|
|Total Daytime Population (TDP)||730|
|Ratio TDP/Total Population1||0.84|
|Population in Households||853|
|Population in Familes||639|
|Population in Group Qrtrs||19|
|Median Household Income||$35,446|
|Average Household Income||$45,878|
|Per Capita Income||$21,546|
|Total Housing Units||527 (100%)|
|Owner Occupied HU||309 (58.6%)|
|Renter Occupied HU||108 (20.5%)|
|Vacant Housing Units||110 (20.9%)|
|Median Home Value||$70,652|
|Average Home Value||$96,926|
|Average Household Size||2.05|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||0.91%|
|Per Capita Income||2.37%|
The table below compares Caspian to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2017 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.
|Total Population||# 457||34th|
|Population Density||# 474||32nd|
|Diversity Index||# 426||39th|
|Median Household Income||# 613||12th|
|Per Capita Income||# 481||31st|
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.