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MI area data

Caro, MI

Caro, MI.

Population: 11,678 (Census ACS)

The median home value in Caro, MI is $190,245 — up 5.9% over the past year. 9 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, winterweather, coldwave the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$190,245

Median home value

+5.9%

1-year change

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$190,245
1-year appreciation
+5.9%
3-year appreciation
+14.1%
5-year appreciation
+25.0%
10-year appreciation
+98.6%
All-time peak (2026-07)
$190,245
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

For-sale inventory
42
New listings (monthly)
18

Source: recent area sales and market data (ZIP-level)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
9
Elementary schools
2
Middle schools
1
High schools
3
School districts serving the area
Michigan Department of Community Health, Caro Community Schools, Cass City Public Schools
Schools include
Caro Center, Caro Alternative High School, Schall Elementary School, Caro High School, McComb Elementary School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strongWind, winterWeather, coldWave, iceStorm, inlandFlooding
Notable hazard ratings (county)
coldWave: Relatively Moderate · hail: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Moderate · inlandFlooding: Relatively Moderate · lightning: Relatively Low
Wildfire risk to homes (county)
Higher than 5% of US counties
Buildings in wildfire direct-exposure zone
61.2%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Forest Waste Products (21.6 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
47.0°F
Average high
57.0°F
Average low
37.0°F
Annual precipitation
35.6 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
34
Days with Good air quality
324
Days with Moderate air quality
32
Days with Unhealthy air quality
1
Highest AQI recorded (year)
154

Source: EPA air quality data (nearest monitoring station, annual)

Amenities

Airports within 30 mi
19
Nearest airport
Tuscola Area Airport (TZC) (4 mi)
Hospitals nearby (~15 mi)
2
Hospitals include
MCLAREN CARO REGION, CARO PSYCHIATRIC HOSPITAL
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-7 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,973
Housing built before 1970
42.6%
Housing built 2000 or later
11.5%
Median annual property tax
$1,948
Mean commute to work
24 min
Households with broadband internet
60.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
9,284
Average weekly wage
$894
Top industries (by employment)
Accommodation & Food, Construction, Administrative Services
Annual residential building permits (county)
1

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

CaroState medianUS median
Median home value$190,245$246,351$289,727
Median annual property tax$1,948$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Caro, MI?
$190,245.
What is the natural-hazard risk in Caro, MI?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, winterWeather, coldWave, iceStorm, inlandFlooding.
What is the wildfire risk in Caro, MI?
Risk to homes is higher than 5% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Caro, MI?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Caro, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Caro, MI?
9 schools (2 elementary, 1 middle, 3 high) (NCES, 2022-23).
What is the air quality in Caro, MI?
Good. Median AQI: 34. (EPA AQI).
What is the cost of living in Caro, MI?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Caro

Selling a home in Caro, MI?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents