Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

8 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $836

Average Rent as Percentage of Gross Income

Median rent for 2018: $647

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $5,818
--Home Prepared Food $3,278
--Restaurant/Takeaway Food $2,539
Alcoholic Beverages $427
Housing $14,746
--Rent/Mortgage/Upkeep/Taxes $8,623
--Utilities $2,972
--Operations $1,120
--Supplies $548
--Furnishings $1,489
Apparel $1,368
--Men & Boys $306
--Women & Girls $554
--Children < 2 $6
--Footwear $289
Transportation $7,162
--New Vehicles $1,339
--Used Vehicles $1,529
--Fuel $1,547
--Insurance $716
--Public Transit $600
Healthcare $3,648
Entertainment $2,366
--Pets $485
--Toys $115
Personal Care Products $566
Books & Literature $81
Education $1,033
Tobacco Products $254
Miscellaneous $727
Retirement $1,385
Non-health Insurance $5,356
Total Expenditures $44,937

Selected Population Data

Period Geography Population
2014 Caro city, Michigan 4,164
2015 Caro city, Michigan 4,142
2016 Caro city, Michigan 4,112
2017 Caro city, Michigan 4,091
2018 Caro city, Michigan 4,064