Median Household Income
$41,595 ± $5,320
Median Home Value
$102,700 ± $14,607
Median Gross Rent
$753 ± $102/mo
Per Capita Income
$26,058
Poverty Rate
28.7%
Unemployment Rate
9.1%
Homeownership Rate
64.0%
Bachelor's Degree or Higher
16.4%
Median Age
43.6
Average Commute
18 min
Households
1,945
Veterans
202
Population Over Time
Caro grew 3.0% from 2014 to 2024.
2014
4,164
2016
4,112
2018
4,064
2020
4,024
2022
4,294
2024
4,290
Population by Race & Ethnicity
White
93.5%
Hispanic or Latino
3.0%
Black or African American
3.0%
Asian
0.0%
Nearby Cities in Michigan
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.