In 2023, Caspian, MI had a population of 553 people with a median age of 57.4 and a median household income of $36,750. Between 2022 and 2023 the population of Caspian, MI declined from 611 to 553, a −9.49% decrease and its median household income declined from $44,338 to $36,750, a −17.1% decrease.
The 5 largest ethnic groups in Caspian, MI are White (Non-Hispanic) (84.6%), Two+ (Non-Hispanic) (12.7%), American Indian & Alaska Native (Non-Hispanic) (1.45%), Asian (Non-Hispanic) (0.723%), and Other (Non-Hispanic) (0.542%).
None of the households in Caspian, MI reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
100% of the residents in Caspian, MI are U.S. citizens.
In 2023, the median property value in Caspian, MI was $69,400, and the homeownership rate was 71.6%.
Most people in Caspian, MI drove alone to work, and the average commute time was 24.9 minutes. The average car ownership in Caspian, MI was 2 cars per household.