Caro, MI Employment - Median Household Income, Unemployment Rate

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F

16%

Income/capita NAT. AVG.

38%

Household income NAT. AVG.

61%

Unemployment NAT. AVG.

Index	Caro	Michigan	National
Income per capita	$37,804	$40,534	$44,883
Median household income	$50,734	$74,200	$81,333
Median income owner occupied	$54,458	$92,757	$106,172
Median income renter occupied	$46,506	$42,775	$52,080
Median earnings male	$57,074	$52,653	$54,343
Median earnings female	$34,665	$34,413	$38,439
Unemployment rate	7.9%	5.5%	4.9%
Poverty level	21.5%	16.3%	15.1%

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Homes For Sale In Caro, MI

317 Green St

Caro, MI

V/L S Ringle Rd

Caro, MI

V/L S Ringle Rd

Juniata Township, MI

140 Alexander St

Caro, MI

Key findings

The income per capita in Caro is 16% lower than the national average
The median household income in Caro is 38% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Caro is 61% higher than the national average
The poverty level in Caro is 42% higher than the national average

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am i middle class

$33,819 $50,734 $101,468

City

$49,461 $74,200 $148,400

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Caro median earnings by income bracket

Caro employment by industry

Labour Type	Male	Female
Construction industry	13.6%	13.6%
Manufacturing sector	20.4%	20.4%
Financial & insurance services	2.9%	2.9%
Wholesale & retail services	10.6%	10.6%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	5.1%	5.1%
Education, health & social services	21.6%	21.6%
Other	25.8%	25.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Reese, MI	1,397	$107,233	31.8%
Unionville, MI	678	$95,639	17.6%
Kingston, MI	365	$79,162	2.7%
Cass City, MI	2,362	$74,282	8.7%
Clifford, MI	312	$64,859	20.3%
Caro, MI	4,182	$50,734	37.6%

Cities with similar population

City	Population	Household Income	National Avg.
Wood Village, OR	4,182	$86,819	6.7%
Pocola, OK	4,181	$71,009	12.7%
Broken Bow, OK	4,183	$53,724	33.9%
Dannemora, NY	4,180	$75,919	6.7%
Whiteriver, AZ	4,184	$51,825	36.3%
Caro, MI	4,182	$50,734	37.6%

Source: The Caro, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.