Caro, MI
4,290Residents
$41,595Median household income
$753/moMedian gross rent
$102,700Median home value
43.6Median age
16%Adults with a bachelor’s degree or higher
64%Homes lived in by their owners
2.5×Home value to household income
Median rent takes about 22% of the median household income in Caro.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $30,000 a year. In Michigan that leaves roughly $2,084 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.