Caro, MI

Census Place

2024 Population

4,290

US Senator

Gary Peters

Democratic Party

US Senator

Elissa Slotkin

Democratic Party

2024 Median Age

43.6

7.39% 1-year increase

2024 Poverty Rate

28.7%

7.47% 1-year increase

2024 Median Household Income

$41,595

0.823% 1-year decline

2024 Median Property Value

$102,700

Population & Diversity

Caro, MI is home to a population of 4.29k people, from which 99.3% are citizens.

As of 2024, 0.699% of Caro, MI residents were born outside of the country (30 people).

In 2024, there were 33.8 times more White (Non-Hispanic) residents (3.95k people) in Caro, MI than any other race or ethnicity. There were 117 Black or African American (Non-Hispanic) and 59 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.3%

2024 Citizenship

99.7%

2023 Citizenship

As of 2024, 99.3% of Caro, MI residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Caro, MI was 99.7%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Caro, MI compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Caro, MI

White (Non-Hispanic)
3.95k ± 125
Black or African American (Non-Hispanic)
117 ± 69
White (Hispanic)
59 ± 46

3.03%

Hispanic Population

130 people

3.03% of the people in Caro, MI are hispanic (130 people).

The following chart shows the 8 races represented in Caro, MI as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Michigan.

Most Common Origin

Mexico
83,098 ± 7,048 people
India
80,532 ± 6,939 people
Iraq
55,181 ± 5,751 people

In 2024, the most common birthplace for the foreign-born residents of Michigan was Mexico, the natal country of 83,098 Michigan residents, followed by India with 80,532 and Iraq with 55,181.

Foreign-Born Population

0.699%

2024 Foreign-Born Population

30 people

0.303%

2023 Foreign-Born Population

13 people

As of 2024, 0.699% of Caro, MI residents (30 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Caro, MI was 0.303%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Caro, MI compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
68 ± 50
Gulf War (1990s)
43 ± 39
Gulf War (2001-)
25 ± 43

Caro, MI has a large population of military personnel who served in Vietnam, 1.58 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Caro, MI.

Economy

The economy of Caro, MI employs 1.43k people. In 2024, the largest industries in Caro, MI were Retail Trade (297 people), Health Care & Social Assistance (284 people), and Manufacturing (255 people), and the highest paying industries were Professional, Scientific, & Technical Services ($91,731), Professional, Scientific, & Management, & Administrative & Waste Management Services ($90,385), and Transportation & Warehousing ($85,179).

Employment

Occupations

1.43k

2024 Value

± 243

−1.17%

1 Year decline

± 23.8%

From 2023 to 2024, employment in Caro, MI declined at a rate of −1.17%, from 1.45k employees to 1.43k employees.

The most common job groups, by number of people living in Caro, MI, are Production Occupations (181 people), Office & Administrative Support Occupations (174 people), and Sales & Related Occupations (153 people). This chart illustrates the share breakdown of the primary jobs held by residents of Caro, MI.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Michigan.

This chart shows weekly unemployment insurance claims in Michigan (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

1.43k

2024 Value

± 243

−1.17%

1 Year decline

± 23.8%

From 2023 to 2024, employment in Caro, MI declined at a rate of −1.17%, from 1.45k employees to 1.43k employees.

The most common employment sectors for those who live in Caro, MI, are Retail Trade (297 people), Health Care & Social Assistance (284 people), and Manufacturing (255 people). This chart shows the share breakdown of the primary industries for residents of Caro, MI, though some of these residents may live in Caro, MI and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$39,718

Median earning men ± $6,707

$37,763

Median earning women ± $10,840

The industries with the best median earnings for men in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($92,115), Transportation & Warehousing, & Utilities ($86,131), and Construction ($76,750).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($69,271), Educational Services, & Health Care & Social Assistance ($51,875), and Manufacturing ($33,125).

Housing & Living

The median property value in Caro, MI was $102,700 in 2024, which is 0.309 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $102,200 to $102,700, a 0.489% increase. The homeownership rate in Caro, MI is 64%, which is lower than the national average of 65.2%.

People in Caro, MI have an average commute time of 19 minutes, and they drove alone to work. Car ownership in Caro, MI is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$102,700

Median Property Value 2024

±$14,607

$1,245

Median Property Taxes

±$250

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Caro, MI the largest share of households pay taxes in the $1,500 - $2k range.

The chart underneath the paragraph shows the property taxes in Caro, MI compared to it's parent and neighbor geographies.

Rent vs Own

64%

Homeownership

2024

53.5%

Homeowners with Mortgage

2024

In 2024, 64% of the housing units in Caro, MI were occupied by their owner. This percentage grew from the previous year's rate of 62.6%.

This chart shows the percentage of owner in Caro, MI compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$41,595

Median Household Income

± $5,320

1.95k

Number of Households

± 304

In 2024, the median household income of the 1.95k households in Caro, MI declined from $41,595 from the previous year's value of $41,940.

The following chart displays the households in Caro, MI distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Caro, MI is from Michigan.

0.46

2024 Wage GINI in Michigan

0.462

2023 Wage GINI in Michigan

In 2024, the income inequality in Michigan was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.474% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Michigan was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Michigan in comparison to the national average.

This chart shows the number of workers in Michigan across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (77.6%)
Carpooled (8.05%)
Walked (6.7%)

In 2024, 77.6% of workers in Caro, MI drove alone to work, followed by those who carpooled to work (8.05%) and those who walked to work (6.7%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

19 minutes

Average Travel Time

Using averages, employees in Caro, MI have a shorter commute time (19 minutes) than the normal US worker (26.4 minutes). Additionally, 1.04% of the workforce in Caro, MI have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Caro, MI compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Caro, MI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Caro, MI have 2 cars.

Poverty

Poverty & Diversity

28.7% of the population for whom poverty status is determined in Caro, MI (1.16k out of 4.05k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 55 - 64, followed by Females 25 - 34 and then Females 6 - 11.

The most common racial or ethnic group living below the poverty line in Caro, MI is White, followed by Black and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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