Caro, a city located in the state of Michigan (MI), is home to a population of approximately 4,294 people. Caro boasts a median age of 40.5, with around 29.1% of its residents aged 60 or above. 7.6% of the population identifies as US Veterans. 25.9% of Caro residents are disabled. The city has an average household income of $44,342, while the unemployment rate stands at 10.3%, and around 19.2% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Caro is $89,062, with a monthly rent averaging $731.