Casnovia, MI
Population 394 · Michigan
About Casnovia, MI
Casnovia is a small community located in Michigan with a population of 394 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,750 per year, which is 2% below the national median of $75,149. The median age of 32.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Casnovia features a median home value of $151,400, which is 38% below the national median of $244,900. This positions Casnovia in a moderately priced market relative to the rest of the country. Median monthly rent is $1,111, 4% below the national average of $1,163/month. Of the 133 total housing units, 69% are owner-occupied (83 units) and 31% are renter-occupied (37 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Casnovia shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 10.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Casnovia have an average one-way commute time of 20.9 minutes.
Education & Demographics
16.1% of Casnovia residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 21.8% White, 4.3% Hispanic or Latino, 0.5% Black or African American, and 0.0% Asian residents, with 8.4% of the population being foreign-born.
Cost of Living in Casnovia, MI
Compared to national averages, Casnovia has a median household income of $73,750 (2% below the national median of $75,149). Home values average $151,400, which is 38% below the national median. Monthly rent at $1,111 is 4% below the US average of $1,163. Within Michigan, Casnovia's income is 12% above the state average of $66,017, and home values are 17% below the state median of $183,391.
Why Live in Casnovia, MI?
Casnovia offers affordable housing with a median home value of $151,400, below the US average of $244,900, and rent that’s lower than the national average at $1,111/month, and a low poverty rate of 10.8%, better than the national average. Additionally, the city features short commute times averaging just 20.9 minutes.
Potential considerations include median household income ($73,750) that falls below the national average. However, Casnovia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Casnovia has a population of 394 with a median age of 32.6 years. Compare Casnovia with other cities to see how it stacks up, or explore all cities in Michigan.
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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 Casnovia
What is the population of Casnovia, MI?
The population of Casnovia, MI is 394 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Michigan.
What is the median household income in Casnovia?
The median household income in Casnovia, MI is $73,750 per year, which is 2% below the national median of $75,149.
What is the median home value in Casnovia?
The median home value in Casnovia, MI is $151,400, which is 38% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Casnovia?
The median monthly rent in Casnovia, MI is $1,111, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Casnovia?
The unemployment rate in Casnovia, MI is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Casnovia, MI a good place to live?
Casnovia offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 394 and a median age of 32.6, the city appeals to young professionals and families.
How educated is Casnovia, MI?
16.1% of residents in Casnovia aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Casnovia?
Key cost-of-living indicators for Casnovia, MI: median home value is $151,400 (38% below national), median rent is $1,111/month, and median household income is $73,750. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Casnovia?
The poverty rate in Casnovia, MI is 10.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Casnovia, MI?
Casnovia's population is 21.8% White, 4.3% Hispanic or Latino, 0.5% Black or African American, 0.0% Asian, and 0.5% two or more races. 8.4% of residents are foreign-born.