What are the schools like in Caspian, MI?

School district data for Caspian is sourced from the National Center for Education Statistics (NCES).

What is the median household income in Caspian?

The median household income in Caspian, MI is $44,338 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 8.9%.

What is the weather like in Caspian, MI?

Caspian has an average high temperature of 21.2°F in January and 77.0°F in July. Annual precipitation averages 30.5 inches and annual snowfall averages 67.4 inches.

Caspian, MI Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Caspian, MI affordable or expensive?

Caspian's cost of living index is 85, where 100 represents the national average. This means Caspian is 15% less expensive than the average US city. The median home value is $47,900 and the median rent is $604 per month.

Q: What is the crime rate in Caspian, MI?

Caspian has a violent crime rate of 90.4 incidents per 100,000 residents and a property crime rate of 126.5 per 100,000. The national average violent crime rate is approximately 380 per 100,000.

Is Caspian, MI a Good Place to Live?

Caspian is a small town of 611 in Michigan, with a median household income of $44,338 and a 8.9% unemployment rate. Its cost of living index is 85 (US average = 100), which is 15% below the national average.

Strengths: Caspian stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Caspian is right for you depends on your priorities — the full breakdown is below.

All Caspian city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 85.2

Caspian's overall cost of living index is 85.2, where 100 represents the US national average. Living in Caspian costs roughly 15% less than the average American city.

Metric	Caspian, MI	National Avg
Median Home Value	$47,900	$244,900
Median Monthly Rent	$604	$1,163
Homeownership Rate	69.6%	65.9%
Median Household Income	$44,338	$74,755

Crime & Safety

Very Safe

Caspian's violent crime rate is 90.4 per 100,000 residents — 76% lower than the national average of ~380 per 100,000.

Violent Crime

90.4 /100k

Property Crime

126.5 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric	Caspian, MI	National Avg
School District	N/A	—
Elementary Schools	N/A	—
Middle Schools	N/A	—
High Schools	N/A	—
Student/Teacher Ratio	N/A	16:1
Bachelor's Degree or Higher	12.6%	35.4%
High School Diploma or Higher	91.0%	91.1%

Weather & Climate

Caspian sees average highs of 21.2°F in January and 77.0°F in July, with 30.5 inches of annual precipitation and 67.4 inches of snow per year.

Metric	Caspian, MI
Average High — January	21.2°F
Average High — July	77.0°F
Annual Precipitation	30.5"
Annual Snowfall	67.4"

Demographics

Metric	Caspian, MI	National Avg
Population	611	—
Median Age	49.5	38.9
Unemployment Rate	8.9%	3.7%
Avg Commute Time	20.3 min	26 min
White (non-Hispanic)	91.7%	59.3%
Black or African American	0.7%	13.6%
Hispanic or Latino	0.8%	18.9%
Asian	1.5%	6.3%
Under 18	19.1%	22.2%
65 and over	29.6%	16.8%

Nearby Cities

Gaastra, MI 1 mi Iron River, MI 2 mi Alpha, MI 12 mi Amasa, MI 14 mi Crystal Falls, MI 15 mi

ZIP Codes in Caspian

Caspian, MI is covered by 1 ZIP code:

49915

Caspian vs Other Cities

Caspian, MI vs Gaastra, MI Caspian, MI vs Iron River, MI Caspian, MI vs Alpha, MI Caspian, MI vs Amasa, MI Caspian, MI vs Crystal Falls, MI

Frequently Asked Questions

Is Caspian, MI affordable or expensive?

Caspian's cost of living index is 85, where 100 is the national average. That makes Caspian roughly 15% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $47,900 and median rent is $604/month.

What is the crime rate in Caspian, MI?

Caspian's violent crime rate is 90.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 126.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.

What are the schools like in Caspian?

School district information is sourced from NCES Common Core of Data.

Is Caspian, MI a good place to live?

Caspian, MI has a population of 611, a median household income of $44,338, and an unemployment rate of 8.9%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Caspian?

Caspian averages 21.2°F in January and 77.0°F in July. Annual rainfall is 30.5 inches with about 67.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Caspian?

Caspian, MI is covered by 1 ZIP code: 49915.

What is the population of Caspian?

The population of Caspian, Michigan is 611 with a median age of 49.5. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Caspian?

Key numbers for living in Caspian: cost of living index 85 (100 = US average), median home $47,900, median household income $44,338, crime index 17 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Caspian side by side with your current city to see the trade-offs.