Caspian, MI Employment - Median Household Income, Unemployment Rate

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F

32%

Income/capita NAT. AVG.

41%

Household income NAT. AVG.

4%

Unemployment NAT. AVG.

Index	Caspian	Michigan	National
Income per capita	$20,167	$27,549	$29,829
Median household income	$32,813	$50,803	$55,322
Median income owner occupied	$42,778	$62,251	$70,586
Median income renter occupied	$12,277	$28,598	$35,192
Median earnings male	$32,321	$35,730	$36,919
Median earnings female	$18,438	$22,948	$26,250
Unemployment rate	4.9%	5.2%	4.7%
Poverty level	26.7%	16.3%	15.1%

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Key findings

The income per capita in Caspian is 32% lower than the national average
The median household income in Caspian is 41% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Caspian is 4% higher than the national average
The poverty level in Caspian is 77% higher than the national average

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am i middle class

$21,873 $32,813 $65,626

City

$33,865 $50,803 $101,606

State

$36,877 $55,322 $110,644

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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Caspian median earnings by income bracket

Caspian employment by industry

Labour Type	Male	Female
Construction industry	5.1%	5.1%
Manufacturing sector	32.7%	32.7%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	4.1%	4.1%
Public administration	3.1%	3.1%
Transportation, warehousing & utilities	4.1%	4.1%
Education, health & social services	0.0%	0.0%
Other	46.9%	46.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Crystal Falls, MI	1,626	$52,679	4.8%
Gaastra, MI	330	$44,167	20.2%
Iron River, MI	2,831	$37,452	32.3%
Alpha, MI	192	$31,458	43.1%
Amasa, MI	242	$28,250	48.9%
Caspian, MI	491	$32,813	40.7%

Cities with similar population

City	Population	Household Income	National Avg.
Wheatfields, AZ	491	$0	100.0%
Walsh, CO	491	$30,568	44.7%
Roopville, GA	491	$84,196	52.2%
Delmar, IA	491	$66,705	20.6%
Shuqualak, MS	491	$21,094	61.9%
Caspian, MI	491	$32,813	40.7%

Source: The Caspian, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).