The City of Caspian had a population of 922 as of July 1, 2018.
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.
|Population in Households||903|
|Population in Familes||669|
|Population in Group Qrtrs||19|
|Median Household Income||$33,991|
|Average Household Income||$45,513|
|Per Capita Income||$21,535|
|Total Housing Units||543 (100%)|
|Owner Occupied HU||326 (60.0%)|
|Renter Occupied HU||117 (21.5%)|
|Vacant Housing Units||100 (18.4%)|
|Median Home Value||$72,126|
|Average Home Value||$98,466|
|Average Household Size||2.04|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.1%|
|Per Capita Income||1.97%|
The table below compares Caspian to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2018 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||# 444||36th|
|Population Density||# 460||34th|
|Diversity Index||# 426||38th|
|Median Household Income||# 635||8th|
|Per Capita Income||# 514||26th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.