Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Crime
This area is reporting high crime rates per 100,000 people and could signify that it is a dangerous place to live. Crime rates include both violent and property crimes.
Employment
A low score in the employment category could indicate that this area struggles with high unemployment rates and low household income and income per capita levels.
Caro, Michigan is a smaller city with a population of 4,182 inhabitants. According to the most recent Census, 97% of Caro residents are White, 1% Black and 1% American Indian and Alaskan. Single men and women might be happy to hear that in Caro, only 46% of the population is married. Something to be aware of when living in Caro are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 31 minutes, this comes in much higher than the national average of 26 minutes.
Are you trying to decide if living in Caro is the right fit for your lifestyle? To ensure a good experience before moving to any new city in Michigan, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Finding the best places to live in Caro and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, education and other important metrics.
With a livability score of 61 out of 100, Caro is ranked #16,835 in the United States and #549 in Michigan. Based on the grades for each individual category, Caro has been rewarded with high marks for cost of living (A+) and housing (B+). Caro does not rank well for the following: amenities (F), crime (D) and employment (F). It might be a smart idea to take a closer look at each category to find out why.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Caro has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Caro meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Caro. Everything else becomes a lot less important if it turns out that home prices in Caro are simply unattainable. Median real estate prices in Caro come in at $131,460, which is 44.3% lower than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Caro, the home price to income ratio is 2.6, which is 18.8% lower than the Michigan average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Caro | Michigan | National |
| Average one way commute | 31min | 24min | 26min |
| Workers who drive to work | 73.0% | 82.5% | 76.4% |
| Workers who carpool | 16.4% | 8.8% | 9.3% |
| Workers who take public transit | 0.9% | 1.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 5.2% | 2.2% | 2.8% |
| Working from home | 4.5% | 3.7% | 4.6% |
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