Living in Caberfae, Michigan
Cost of living, income, home prices, rent and demographics of Caberfae · Census data 2020–2024
Caberfae has 35 residents with a median age of 68.6. The median household income is $59,000 (19% lower than the Michigan median), the median home value is $200,000.
Caberfae is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Caberfae at a glance
- Population
- 35
- Median age
- 68.6State: 40.2
- Median household income
- $59,000State: $72,875
- Median home value
- $200,000State: $231,600
- Homeowners
- 100%
- Bachelor's degree or higher
- 65.7%
Is Caberfae a good place to live?
Pros: Home values 14% lower than the state median.
Cons: Median household income 19% lower than the Michigan median.
The weather is best in June to September.
Cost of living in Caberfae
Housing is the biggest part of the cost of living. In Caberfae the median home value is $200,000, 40% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Caberfae median household income
The median household income in Caberfae is $59,000 and the income per person is $70,760. 0% of residents live below the poverty line (Michigan: 13.2%).
Housing in Caberfae: homes for sale and rent
- Housing units
- 118
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 78%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 1.35
78% of homes are vacant most of the year, a sign that Caberfae has many vacation and second homes.
Caberfae demographics
- Population
- 35
- Median age
- 68.6
- Under 18
- 0%
- 65 and older
- 68.6%
- Households
- 26
- Foreign-born
- 0%
- Veterans
- 20%Adults 18+
Hispanic or Latino can be of any race. Population history of Caberfae ›
Education in Caberfae
65.7% of adults 25 and older in Caberfae have a bachelor's degree or higher (Michigan: 32.4%), and 25.7% have a graduate or professional degree.
Jobs and commute in Caberfae
- Unemployment rate
- 0%State: 5.7%
- Average commute
- —State: 24 min
- Work from home
- 40%
- Drive alone
- 60%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.3%
Caberfae vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Caberfae | 35 | $59,000 | $200,000 | — |
| Harrietta | 230 | $45,938 | $154,200 | $800 |
| Mesick | 423 | $41,094 | $123,800 | $1,063 |
| Wellston | 353 | $53,333 | $108,200 | $769 |
| Wedgewood | 241 | $131,563 | $322,700 | — |
| Cadillac | 10,445 | $51,773 | $134,300 | $842 |
| Luther | 303 | $54,167 | $102,300 | $1,054 |
| Brethren | 318 | $52,083 | $152,200 | — |
| Haring | 199 | $105,441 | $158,100 | — |
More for people moving to Caberfae
Caberfae ZIP code ›Weather and climate ›Living in Caberfae: FAQ
What is the median household income in Caberfae, MI?
The median household income in Caberfae is $59,000, 19% lower than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Caberfae?
The median home value in Caberfae is $200,000, compared with $231,600 in Michigan.
Is Caberfae, MI a good place to live?
Pluses: home values 14% lower than the state median. Minuses: median household income 19% lower than the Michigan median.
What is the median age in Caberfae?
The median age in Caberfae is 68.6 years (Michigan: 40.2).
What is the unemployment rate in Caberfae?
The unemployment rate in Caberfae is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Caberfae?
65.7% of adults in Caberfae have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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