Caspian is a city located in Iron County, Michigan. Caspian has a 2026 population of 821. Caspian is currently growing at a rate of 0.24% annually and its population has increased by 1.23% since the most recent census, which recorded a population of 811 in 2020.
The median household income in Caspian is $32,794 with a poverty rate of 35.33%. The median age in Caspian is 49 years: 48.5 years for males, and 52.7 years for females. For every 100 females there are 102.7 males.
Data after 2023 is projected based on recent change
Overall: 49 years
Female: 52.7 years
Male: 48.5 years
There are 500 adults, (179 of whom are seniors) in Caspian.
Female: 296 (49.3%)
Male: 304 (50.7%)
The racial composition of Caspian includes 80.5% White, and smaller percentages for Native American, Asian, other race, Black or African American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 483 | 80.5% |
| Two or more races | 90 | 15% |
| Native American | 16 | 2.67% |
| Asian | 6 | 1% |
| Other race | 4 | 0.67% |
| Black or African American | 1 | 0.17% |
Caspian 's average per capita income is $28,462. Household income levels show a median of $32,794. The poverty rate stands at 35.33%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $48,750 | - |
| Families | $38,594 | $61,042 |
| Households | $32,794 | $51,895 |
| Non Families | $22,054 | $38,776 |
Average Income
Median Household Income
Poverty Rate