Caspian, MI
Caspian is located in northwest Michigan. Caspian is part of Iron County. Caspian has 1.42 square miles of land area and has no water area. As of 2010-2014, the total Caspian population is 790, which has shrunk 20.76% since 2000. The population growth rate is much lower than the state average rate of -0.50% and is much lower than the national average rate of 11.61%. Caspian median household income is $25,268 in 2010-2014 and has grown by 3.03% since 2000. The income growth rate is much lower than the state average rate of 9.90% and is much lower than the national average rate of 27.36%. Caspian median house value is $53,200 in 2010-2014 and has grown by 51.57% since 2000. The house value growth rate is much higher than the state average rate of 3.98% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Caspian is close to the state average in quality. The Caspian area code is 906.
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