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Caspian, MI
Thinking of moving to Caspian, MI? With a close-knit population of 773 and a median home price of just $59,000, Caspian is an affordable option for those seeking a quieter lifestyle. The cost of living is well below the national average, and crime rates remain low. Residents enjoy short 17-minute commutes, access to solid local schools, and experience all four seasons with snowy winters and mild summers. Explore the details below to see if Caspian is the small-town Michigan fit you're looking for!
Caspian, MI is a small, close-knit city with 773 residents and a population density of 730 per square mile. The community is predominantly White, and the median age of 48 reflects a mature population, making it an appealing choice for those seeking a slower pace of life.
Caspian offers an affordable cost of living, with a median home value of just $59,000 and average rent at $620. Essential expenses like utilities and groceries remain below the national average, making it an attractive option for budget-conscious movers.
Caspian experiences low crime rates, with just 164 violent crimes and 1,044 property crimes per 100,000 residents annually. Residents enjoy a safer environment than many cities, with the chance of being a victim of violent crime at only 1 in 610.
Residents in Caspian experience all four seasons, with snowy winters averaging lows of 6°F and mild summers peaking at 78°F. The city receives about 31 inches of rainfall annually and enjoys sunshine 46% of the year, making for crisp, varied weather throughout the year.
The typical household in Caspian earns around $38,000, and nearly 92% of adults have at least a high school diploma. Commutes are short, averaging just over 17 minutes, while the area maintains a small-town atmosphere with limited public transportation.
Caspian is served by West Iron County public schools, offering small class sizes and a supportive learning environment. Students seeking higher education have access to Bay College West Campus, located just 24 miles away in Iron Mountain.
Caspian residents have access to major healthcare facilities like Aspirus Iron River Hospital, and about 92% have health insurance coverage. Healthcare availability is solid for a small city, with 1.6 physicians per 1,000 residents.
The housing market in Caspian is highly affordable, with a median home price of $59,000 and an 81% owner-occupancy rate. Rental options are available with an average two-bedroom rent of $620, and the area sees steady but modest home appreciation.
Department of Motor Vehicles services for Caspian are managed by the Michigan Secretary of State office in nearby Iron River, providing all standard licensing and registration services locally.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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