Caspian, MI Employment - Median Household Income, Unemployment Rate

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F

33%

Income/capita NAT. AVG.

41%

Household income NAT. AVG.

4%

Unemployment NAT. AVG.

Index	Caspian	Michigan	National
Income per capita	$30,225	$40,534	$44,883
Median household income	$48,007	$74,200	$81,333
Median income owner occupied	$64,672	$92,757	$106,172
Median income renter occupied	$18,560	$42,775	$52,080
Median earnings male	$48,422	$52,653	$54,343
Median earnings female	$27,444	$34,413	$38,439
Unemployment rate	5.1%	5.5%	4.9%
Poverty level	26.7%	16.3%	15.1%

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Key findings

The income per capita in Caspian is 33% 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

$32,001 $48,007 $96,014

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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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	1,690	$79,574	2.2%
Gaastra, MI	341	$65,759	19.1%
Iron River, MI	2,938	$55,570	31.7%
Alpha, MI	196	$47,139	42.0%
Amasa, MI	249	$42,040	48.3%
Caspian, MI	511	$48,007	41.0%

Cities with similar population

City	Population	Household Income	National Avg.
Cohasset, CA	511	$98,939	21.6%
Miranda, CA	511	$104,673	28.7%
Aguilar, CO	511	$36,275	55.4%
Garcon Point, FL	511	$204,696	151.7%
Delmar, IA	511	$98,610	21.2%
Caspian, MI	511	$48,007	41.0%

Source: The Caspian, 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.