Caspian is a city located in Iron County, Michigan. Caspian has a 2025 population of 819 . Caspian is currently growing at a rate of 0.12% annually and its population has increased by 0.99% since the most recent census, which recorded a population of 811 in 2020.
The average household income in Caspian is $50,555 with a poverty rate of 25.68%. The median age in Caspian is 57.4 years: 57.6 years for males, and 57.2 years for females. For every 100 females there are 111.1 males.
Data after 2023 is projected based on recent change
The racial composition of Caspian includes 84.63% White, and smaller percentages for Native American, Asian, other race and multiracial populations.
White (84.63%)
Two or more races (12.66%)
Native American (1.45%)
Asian (0.72%)
Other race (0.54%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 468 | 84.63% |
| Two or more races | 70 | 12.66% |
| Native American | 8 | 1.45% |
| Asian | 4 | 0.72% |
| Other race | 3 | 0.54% |
Married
Widowed
Divorced
Separated
Never Married
Caspian's average per capita income is $29,688. Household income levels show a median of $36,750. The poverty rate stands at 25.68%.
Name | Median | Mean |
|---|---|---|
| Married Families | $53,000 | - |
| Families | $46,000 | $63,180 |
| Households | $36,750 | $50,555 |
| Non Families | $22,330 | $35,055 |
Average Income
Median Household Income
Poverty Rate