Caspar, CA
Population 337 · California
About Caspar, CA
Caspar is a small community located in California with a population of 337 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 61.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Caspar features a median home value of $1,025,000, which is 319% above the national median of $244,900. This places Caspar in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 267 total housing units, 60% are owner-occupied (113 units) and 40% are renter-occupied (76 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Caspar shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Caspar have an average one-way commute time of 30.2 minutes.
Education & Demographics
67.0% of Caspar residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 12.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 4.5% of the population being foreign-born.
Cost of Living in Caspar, CA
Compared to national averages, Caspar has a median household income of $0 (100% below the national median of $75,149). Home values average $1,025,000, which is 319% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within California, Caspar's income is 100% below the state average of $97,829, and home values are 57% above the state median of $653,874.
Why Live in Caspar, CA?
Caspar offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 67.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.9%, better than the national average.
Potential considerations include median household income ($0) that falls below the national average, and a competitive housing market where the typical home costs $1,025,000. However, Caspar’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Caspar has a population of 337 with a median age of 61.4 years. Compare Caspar with other cities to see how it stacks up, or explore all cities in California.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Caspar
What is the population of Caspar, CA?
The population of Caspar, CA is 337 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in California.
What is the median household income in Caspar?
The median household income in Caspar, CA is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Caspar?
The median home value in Caspar, CA is $1,025,000, which is 319% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Caspar?
The median monthly rent in Caspar, CA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Caspar?
The unemployment rate in Caspar, CA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Caspar, CA a good place to live?
Caspar offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 337 and a median age of 61.4, the city appeals to established professionals and retirees.
How educated is Caspar, CA?
67.0% of residents in Caspar aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Caspar?
Key cost-of-living indicators for Caspar, CA: median home value is $1,025,000 (319% above national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Caspar?
The poverty rate in Caspar, CA is 5.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Caspar, CA?
Caspar's population is 12.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 0.3% two or more races. 4.5% of residents are foreign-born.