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MI area data

Caro, MI

Caro, MI.

Population: 11,678 (Census ACS)

Home values & appreciation

Median home value
$190,245
1-year appreciation
+5.9%
3-year appreciation
+14.1%
5-year appreciation
+25.0%
10-year appreciation
+98.6%
All-time peak (2026-07)
$190,245
House Price Index
387.5 (+5.5% YoY)

Market activity

New listings (monthly)
18

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
9
Elementary schools
2
Middle schools
1
High schools
3

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, winterWeather, coldWave, iceStorm, inlandFlooding

Climate (30-year normals)

Average annual temperature
47.0°F
Average high
57.0°F
Average low
37.0°F
Annual precipitation
35.6 in

Air quality

Air quality rating
Good
Median AQI (annual)
34
Days with Good air quality
324
Days with Unhealthy air quality
1

Amenities

Nearest airport
Tuscola Area Airport (TZC) (4 mi)
Hospitals nearby (~15 mi)
2
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-7 tax filers

Housing stock

Median year housing built
1,973
Median annual property tax
$1,948
Mean commute to work
24 min
Households with broadband internet
60.4%

Employment & development

Total county employment
9,284
Average weekly wage
$894
Top industries (by employment)
Accommodation & Food, Construction, Administrative Services
Annual residential building permits (county)
1

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents