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Caro city, Michigan Demographics & Population 2026

High PovertyPoverty rate of 26.7% is well above the state average
Very AffordableHome value to income ratio of 2.4x is exceptionally low

As of 2026, Caro city, Michigan has a total population of 4,284, the 198th largest city in Michigan, with a median household income of $41,940, which is 41% lower than the state average. The poverty rate is 26.7%.

Key Takeaways

Caro city Quick Facts

Population 4,284
Median Household Income $41,940
Median Home Value $102,200
Poverty Rate 26.7%
Unemployment Rate 11.7%
Median Age 40.6 years
Homeownership Rate 62.6%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 15.7%
High School Graduation Rate 90.3%
Diversity Index 12/100
Population 4,284 198th of 745
Median Income $41,940 bottom 20%
Poverty Rate 26.7% 114% higher national
Median Home Value $102,200 bottom 30%

How Caro city Compares

Economy & Housing

Employment

11.7% Unemployment Rate State: 5.8% | National: 5.2%
48.8% Labor Force Participation

Housing Overview

Owner 62.6%
Renter 37.4%
Affordability Index Very Affordable
2.4x home value to income ratio

People & Demographics

Diversity Index

12out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 44 | National average: 60

Education

Caro city Rankings in Michigan

#198 Population of 745
#648 Median Income of 745
#468 Education of 745
#577 Home Value of 745

Other Cities in Tuscola County

CityPopulationMedian IncomePovertyHome Value
Vassar city 2,704 $61,827 14.3% $134,600

Cities Similar to Caro city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Gaylord city4,307$44,052$170,30020.8%9.8%
Algonac city4,152$49,738$177,20016.0%17.7%
Cheboygan city4,801$41,338$118,70016.9%19.0%
Buchanan city4,259$54,068$138,40014.7%6.7%
Vandercook Lake CDP4,434$52,337$125,80017.7%10.5%

Population Overview

Caro city is a small community located in Michigan, within Tuscola County. The total population is 4,284. It ranks as the 198th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Caro city is 40.6 years. This is 1% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Caro city is $41,940. This is 41% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 47% lower. The poverty rate stands at 26.7%. This is 104% higher than the state poverty rate of 13.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 11.7%. This is 101% higher than the state rate of 5.8%. The median home value is $102,200. Housing costs are 53% lower than the state median of $217,600. With a home-value-to-income ratio of just 2.4x, Caro city is one of the most affordable housing markets in the area. 62.6% of occupied housing units are owner-occupied. This homeownership rate is 14% lower than the state average of 72.9%.

Race & Ethnicity

Caro city has a predominantly White (non-Hispanic) population, comprising 93.6% of all residents. Hispanic or Latino residents account for 2.6%. The Black or African American population (1.5%) is well below the state average of 13.2%. The Hispanic or Latino population (2.6%) is well below the state average of 5.7%.

Education

15.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% lower than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.3%.

Data Sources & Methodology

All demographic data for Caro city, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Caro city, Michigan?

Caro city, Michigan has a population of 4,284 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Caro city, MI?

The median household income in Caro city is $41,940, which is 47% lower the national median of $78,538.

What is the poverty rate in Caro city, MI?

The poverty rate in Caro city is 26.7%. This means approximately 1,088 residents live below the federal poverty line.

What is the racial makeup of Caro city, Michigan?

Caro city's population is 93.6% White, 1.5% Black, 2.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Caro city, MI?

The median home value in Caro city is $102,200. The home-value-to-income ratio is 2.4x.

How educated is Caro city, Michigan?

15.7% of adults (25+) in Caro city hold a bachelor's degree or higher, and 5.5% hold a graduate or professional degree.