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MI area data

Caspian, MI

Caspian, MI.

Population: 570 (Census ACS)

Home values & appreciation

Median home value
$84,563
1-year appreciation
+10.3%
3-year appreciation
+21.6%
5-year appreciation
+39.1%
All-time peak (2026-07)
$84,563
House Price Index
387.5 (+5.5% YoY)

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%

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, hail

Climate (30-year normals)

Average annual temperature
39.0°F
Average high
51.0°F
Average low
26.0°F
Annual precipitation
31.3 in

Amenities

Nearest airport
Stambaugh Airport (1 mi)
Nearest major airport
Ford Airport (IMT) (30 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+95 tax filers

Housing stock

Median year housing built
1,946
Median annual property tax
$1,125
Households with broadband internet
45.6%

Employment & development

Total county employment
2,609
Average weekly wage
$814
Top industries (by employment)
Accommodation & Food, Health Care, Construction
Annual residential building permits (county)
156

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