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Caspian, MI
Key Indicators
A quick look at key numbers
Population
600
Source: U.S. Census Bureau American Community Survey (ACS) 2020-2024 5-Year Estimates
Median Age
49
years ∙ half population younger than 49, half older
Diversity Index
32.9%
chance two random people differ in race and ethnicity
Nativity
1.3%
foreign-born population
Geographic Context
Location, size, and surroundings
About
Caspian is a city within Iron County, Michigan, United States.
Co-ordinates
DEC46.065305° N, 88.626646° W
DMS46° 03′ 55.10″ N, 88° 37′ 35.93″ W
Population Density & area
419.6/sq mi
(162.6/km²)
Demographics & Living
Who lives here, how households are formed, and community composition
Population Composition
Key characteristics of the population
Sex Distribution
50.7%
male
Male
50.7%
Female
49.3%
males per 100 females
Caspian
102.7
Iron County
102.4
Michigan
98.2
Nativity
1.3%
foreign-born population
% Foreign-born
Caspian
1.3%
Iron County
0.9%
Michigan
7.2%
Age Distribution
How the population is spread across age groups
Median Age
49
years ∙ half population younger than 49, half older
Dependency ratio
86.9
dependents per 100 working-age adults
Caspian
86.9
Iron County
95.7
Michigan
66.3
AGE DISTRIBUTION
Distribution of age group
Median age
| Caspian | Iron County | Michigan | |
|---|---|---|---|
| Age Group | |||
| Children (Under 18) | 16.7% | 17.5% | 21.2% |
| Working age (18-64) | 53.5% | 51.1% | 60.2% |
| Senior (65+) | 29.8% | 31.4% | 18.6% |
| Dependency ratio | |||
| Total dependency ratio | 86.9 | 95.7 | 66.3 |
| Child dependency ratio | 31.2 | 34.3 | 35.3 |
| Old-age dependency ratio | 55.8 | 61.4 | 31 |
Racial & Ethnic Composition
Racial and ethnic makeup and how it compares
Race & Ethnicity
Note: White, Black, and Asian refer to individuals belonging to a single race and not of Hispanic origin. Hispanics may be of any race.
Diversity Index
32.9%
chance two random people differ in race and ethnicity
Caspian
32.9%
Iron County
17.7%
Michigan
45.2%
Note: The Diversity Index (DI), based on the Blau Index, measures the probability that two randomly selected individuals differ in race and ethnicity. Values range from 0 (no diversity) to 1 (high diversity) and are shown as percentages.
RACIAL & ETHNIC COMPOSITION
Race & Ethnicity
Percentage of Caspian population
| Caspian | Iron County | Michigan | |
|---|---|---|---|
| Hispanic or Latino | 0% | 2.3% | 5.9% |
| Mexican | 0% | 1.5% | 4% |
| Puerto Rican | 0% | 0.3% | 0.5% |
| Cuban | 0% | 0.1% | 0.2% |
| Other Hispanic / Latino | 0% | 0.4% | 1.2% |
| Not Hispanic or Latino | 100% | 97.7% | 94.1% |
| One race | 85% | 94% | 89.6% |
| White | 80.5% | 90.6% | 72.4% |
| Black or African American | 0.2% | 0.9% | 13.1% |
| American Indian and Alaska Native | 2.7% | 0.8% | 0.3% |
| Asian | 1% | 0.6% | 3.4% |
| Native Hawaiian and Other Pacific Islander | 0% | 0% | 0% |
| Some Other Race | 0.7% | 1% | 0.5% |
| Two or more races (Multiracial) | 15% | 3.7% | 4.5% |
Household & Families Composition
Household size, type, and family structure
Household structure
56.5%
family
Family
56.5%
Non family
43.5%
% family households
Caspian
56.5%
Iron County
56.9%
Michigan
62.4%
Average household size
1.85
persons per household
Household & Family COMPOSITION
Households
Percentage of Caspian population
| Caspian | Iron County | Michigan | |
|---|---|---|---|
| Total households | 324 | 5,547 | 4,076,369 |
| Average houshold size | 1.85 | 2.05 | 2.42 |
| Family households | 183 | 3,158 | 2,545,621 |
| Average family size | 2.33 | 2.59 | 3.05 |
| Married couple family | 122 | 2,448 | 1,878,767 |
| Other families | 61 | 710 | 666,854 |
| Male householder | 31 | 250 | 199,150 |
| Female householder | 30 | 460 | 467,704 |
| Non-family households | 141 | 2,389 | 1,530,748 |
| One-person households | 122 | 2,080 | 1,250,418 |
| Male householder | 64 | 1,145 | 583,425 |
| Senior (65+) living alone | 28 | 531 | 188,594 |
| Female householder | 58 | 935 | 666,993 |
| Senior (65+) living alone | 33 | 624 | 349,637 |
| Other living arrangements | 19 | 309 | 280,330 |
Housing Profile
Housing stock, ownership, rentals, and cost burdens
Total housing units
404
housing units
Caspian
404
Iron County
9,156
Michigan
4,622,236
Occupancy status
80.2%
occupied
Occupied
80.2%
Vacant
19.8%
vacancy rate
Caspian
19.8%
Iron County
39.4%
Michigan
11.8%
Housing Characteristics
How the housing supply is structured and used
Types of Housing unit
82.2%
Single family houses
Median Year Built
1945
Half of houses were built before 1945, and half after.
Note: Median year built reflects occupied units only; distribution includes all units.
Housing Characteristics
Units, rooms & bedrooms
Physical characteristics of housing units
| Caspian | Iron County | Michigan | |
|---|---|---|---|
| Rooms per unit | |||
| Median rooms | 6 | 5.5 | 5.9 |
| 1–3 rooms | 17.6% | 12.9% | 10.5% |
| 4–6 rooms | 44.8% | 58.2% | 51.9% |
| 7+ rooms | 37.6% | 28.8% | 37.6% |
| Bedrooms | |||
| No bedroom / studio | 1.5% | 2.4% | 1.6% |
| 1 bedroom | 18.3% | 12.6% | 8.9% |
| 2 bedrooms | 20.8% | 29% | 24.6% |
| 3 bedrooms | 32.9% | 40.3% | 43.5% |
| 4+ bedrooms | 26.5% | 15.8% | 21.4% |
| At a glance | |||
| Median year built | 1945 | 1959 | 1972 |
| Total housing units | 404 | 9,156 | 4,622,236 |
Occupancy Profile
Who is inside and how they use it
Homeownership
75.3%
owners
Renter-occupied
24.7%
Owner-occupied
75.3%
homeownership rate
Caspian
75.3%
Iron County
84.5%
Michigan
73.2%
Average household size
1.98
Owner-occupied
1.48
Renter-occupied
owner-occupied average size
Caspian
1.98
Iron County
2.07
Michigan
2.54
Housing Characteristics
Occupied unit characteristics
Tenure, crowding, and utilities
| Caspian | Iron County | Michigan | |
|---|---|---|---|
| Total occupied units | 324 | 5,547 | 4,076,369 |
| Year moved in | |||
| 2020 or later | 16.7% | 16.5% | 21% |
| 2010 to 2019 | 39.2% | 33.9% | 39.5% |
| 2000 to 2009 | 13.3% | 16.4% | 16% |
| 1999 or earlier | 30.8% | 33.3% | 23.4% |
| Occupants per room | |||
| 1.00 or fewer | 100% | 97.9% | 98.4% |
| 1.01 to 1.50 | 0% | 2% | 1.2% |
| 1.51 or more | 0% | 0.1% | 0.4% |
| Vehicles availability | |||
| No vehicles | 11.7% | 6.6% | 7% |
| 1 vehicle | 34.9% | 35.9% | 34.8% |
| 2 vehicles | 47.5% | 40.3% | 38.3% |
| 3 or more vehicles | 5.9% | 17.2% | 19.8% |
| House heating fuel used | |||
| Gas | 89.8% | 82.1% | 83.6% |
| Electricity | 7.4% | 5.4% | 12.1% |
| Solar | 0% | 0% | 0% |
| Fuel oil, kerosene etc | 0% | 0.9% | 0.8% |
| All other fuels | 2.8% | 11.1% | 3% |
| No fuel used | 0% | 0.6% | 0.5% |
| Selected characteristics | |||
| Lacking complete plumbing | 0.6% | 0.5% | 0.4% |
| Lacking complete kitchen | 1.2% | 0.8% | 0.7% |
| No telephone service available | 4.6% | 1.1% | 0.7% |
Housing Value
What owner-occupied units are worth
Median home value
$79,100
owner-occupied units
Housing Cost Burden
20.2%
of homeowners with a mortgage are cost-burdened
Note: Households spending 30% or more of their income on housing costs are considered cost-burdened.
Financial characteristics
Property value and housing costs
Tenure, crowding, and utilities
| Caspian | Iron County | Michigan | |
|---|---|---|---|
| Property value | |||
| Median Value | $79,100 | $109,100 | $231,600 |
| Under $100,000 | 76.2% | 45.8% | 16.8% |
| $100,000 - $200,000 | 18.5% | 26% | 24.7% |
| $200,000 - $300,000 | 4.1% | 12.6% | 23.4% |
| $300,000 - $500,000 | 1.2% | 10.3% | 24.1% |
| $500,000 - $1,000,000 | 0% | 4.3% | 9.2% |
| $1,000,000 and more | 0% | 1.1% | 1.6% |
| Owner-occupied households | |||
| With a mortgage | 42.6% | 40.9% | 57.8% |
| Without a mortgage | 57.4% | 59.1% | 42.2% |
| Median monthly owner costs | |||
| With a mortgage | $698 | $1,165 | $1,569 |
| Without a mortgage | $482 | $479 | $602 |
| Gross rent | |||
| Median rent | $665 | $716 | $1,129 |
Education Profile
How educated is the community and how education pays off
Adults with a college degree
12.7%
of adults 25+ with a bachelor's degree or higher
Caspian
12.7%
Iron County
22.5%
Michigan
32.4%
Adults without a high school diploma
13.2%
of adults (25+) without a high school diploma
Caspian
13.2%
Iron County
5.2%
Michigan
8%
School Enrollment
Who is enrolled in school and at what level
School enrollment
65
population (age 3+) enrolled in school
College-going rate (18-24 yr olds)
13.3%
of 18-24-year-olds in college or graduate school
Enrollment & school type
Enrollment levels, college-going rate, and public vs private school split
Population 3+ currently enrolled in a school
| Caspian | Iron County | Michigan | |
|---|---|---|---|
| Total enrolled (age 3+) | 65 | 1,869 | 2,312,914 |
| Nursery / preschool | 1.5% | 6% | 5.6% |
| K–12 | 78.5% | 81% | 67.9% |
| Kindergarten | 6.2% | 4.9% | 5.2% |
| Elementary: Grades 1–4 | 7.7% | 23.6% | 19.7% |
| Elementary: Grades 5–8 | 27.7% | 27.8% | 20.8% |
| High School: Grades 9–12 | 36.9% | 24.8% | 22.2% |
| College or graduate school | 20% | 13% | 26.5% |
| College, undergraduate | 16.9% | 8.8% | 21.1% |
| Graduate, professional school | 3.1% | 4.2% | 5.4% |
| College-going rate · 18-24 yr olds | 13.3% | 12.1% | 41.1% |
| School type | |||
| Public school | 100% | 86.2% | 85.2% |
| Private school | 0% | 13.8% | 14.8% |
Education Attainment by Level & Gender
What is the highest level of education completed among adults
Education attainment
440
population 25 years and over
Attainment by gender
Male vs Female
Adults (25+) · Share within each education level
Educational Attainment Overview
Distribution and key education attainment rates for adults (25+)
Highest credential completed · adults 25+
| Caspian | Iron County | Michigan | |
|---|---|---|---|
| Population (25+) | 440 | 9,009 | 7,008,507 |
| Less than 9th grade | 5% | 1.5% | 2.6% |
| 9th–12th, no diploma | 8.2% | 3.7% | 5.4% |
| High school diploma or GED | 39.8% | 40.5% | 28% |
| Some college, no degree | 21.6% | 20.3% | 21.9% |
| Associate's degree | 12.7% | 11.5% | 9.8% |
| Bachelor's degree or higher | 12.7% | 22.5% | 32.4% |
| Bachelor's degree | 8% | 15.3% | 19.7% |
| Graduate or professional | 4.8% | 7.2% | 12.7% |
| High School or higher | 86.8% | 94.7% | 92.1% |
Earnings by education level
percentage as applicable
Median Earnings
$28,462
Median earnings for adults 25+, by level
Poverty Rate
7.1%
for ages 25+, with bachelors degree or higher
Outcomes by Education Level
Earnings and poverty rates across education levels (25+)
Adults 25+
| Caspian | Iron County | Michigan | |
|---|---|---|---|
| Median earnings | |||
| Population 25+, with earnings | $28,462 | $39,063 | $50,316 |
| Less than high school graduate | $28,375 | $28,646 | $31,851 |
| High school graduate (includes equivalency) | $14,559 | $33,640 | $37,777 |
| Some college or associate's degree | $43,889 | $38,622 | $44,844 |
| Bachelor's degree | $17,917 | $56,779 | $66,893 |
| Graduate or professional degree | $80,938 | $72,411 | $85,195 |
| Poverty rates | |||
| Less than high school graduate | 44.8% | 31.1% | 27.4% |
| High school graduate (includes equivalency) | 36.6% | 20.1% | 15.2% |
| Some college or associate's degree | 15.2% | 14.4% | 10.3% |
| Bachelor's degree or higher | 7.1% | 4.6% | 4.2% |
About Neilsberg Research
Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.
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