 These floods, combined with ongoing emigration, caused significant declines in Caulonia's population, with the comune's center of economic activity now on the coast at the frazione of Marina di Caulonia.Many of the homes in Caulonia Superiore are vacant, though some of these abandoned buildings are occupied by squatting artists.Festivals in Caulonia Superiore attract thousands, especially the annual "Kaulonia Tarantella Festival" or KTF in late August, which features live tarantella music and tarantella dancing workshops.