Businesses for Sale | Caro, Michigan
Discover business opportunities, in or around Caro, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Caro, located in The Great Lakes State had a total population of 4,339 people.
City Statistics and Other Information About Caro
Demographics
From a total population of 4,339, Caro has a median age of 41. The average age of males, in Caro, is 40 while the average age of females is 41. When you compare the median age of men and women in Caro, there is an average difference of 1.8 years.
Income
The median income of individuals, in Caro, is $30,522 while the average household income is $47,973. In 2029, the average income per capita for Caro is expected to be $30,522.
Additional Information
48723Tuscola County
Is Caro the Best Location for Franchise Opportunities and Growth?
What is the average income in Caro?
The median household income in Caro is $47,973, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Caro an affordable place to start a franchise?
With a median income of $47,973, Caro presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Caro's income compare to other locations?
The median income of $47,973 in Caro is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Caro have a stable workforce to support my business?
Absolutely! With 996 employed individuals, Caro offers a solid labor force to support franchise growth.
Is Caro a growing economy?
With a workforce of 996 and a median household income of $47,973, Caro provides an emerging economic environment for new business opportunities.
Does homeownership in Caro indicate a stable market?
Homeownership rates at 1,060 show a strong local investment in the community, which benefits long-term franchise success.
