Caledonia, MI
Population 1,936 · Michigan
About Caledonia, MI
Caledonia is a small town located in Michigan with a population of 1,936 residents according to the latest US Census Bureau American Community Survey data. The median household income is $114,167 per year, which is 52% above the national median of $75,149. The median age of 35.5 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 Caledonia features a median home value of $325,100, which is 33% above the national median of $244,900. This positions Caledonia in a moderately priced market relative to the rest of the country. Median monthly rent is $1,057, 9% below the national average of $1,163/month. Of the 747 total housing units, 74% are owner-occupied (542 units) and 26% are renter-occupied (188 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Caledonia shows an unemployment rate of 0.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Caledonia have an average one-way commute time of 32.3 minutes.
Education & Demographics
58.7% of Caledonia 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 3.4% White, 1.4% Hispanic or Latino, 0.6% Black or African American, and 0.7% Asian residents, with 9.6% of the population being foreign-born.
How Caledonia Ranks in Michigan
Cost of Living in Caledonia, MI
Compared to national averages, Caledonia has a median household income of $114,167 (52% above the national median of $75,149). Home values average $325,100, which is 33% above the national median. Monthly rent at $1,057 is 9% below the US average of $1,163. Within Michigan, Caledonia's income is 73% above the state average of $66,017, and home values are 77% above the state median of $183,391.
Why Live in Caledonia, MI?
Caledonia offers a strong local economy with a median household income of $114,167, well above the national average, and rent that’s lower than the national average at $1,057/month, and a strong job market with an unemployment rate of just 0.4%. Additionally, the city features a well-educated community where 58.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.9%, better than the national average.
Caledonia has a population of 1,936 with a median age of 35.5 years. Compare Caledonia with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Caledonia
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hart | 1,931 | $55,066 | $119,700 | Compare |
| Lake Isabella | 1,931 | $76,923 | $176,800 | Compare |
| Baraga | 1,948 | $39,297 | $101,000 | Compare |
| Sebewaing | 1,921 | $50,779 | $94,800 | Compare |
| Pinckney | 1,920 | $92,159 | $251,700 | Compare |
| L'Anse | 1,916 | $55,042 | $100,100 | Compare |
| Munising | 1,907 | $54,375 | $112,300 | Compare |
| Capac | 1,903 | $61,000 | $141,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Caledonia With Other Cities
Frequently Asked Questions about Caledonia
What is the population of Caledonia, MI?
The population of Caledonia, MI is 1,936 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Caledonia?
The median household income in Caledonia, MI is $114,167 per year, which is 52% above the national median of $75,149.
What is the median home value in Caledonia?
The median home value in Caledonia, MI is $325,100, which is 33% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Caledonia?
The median monthly rent in Caledonia, MI is $1,057, which is 9% below the national average of $1,163/month.
What is the unemployment rate in Caledonia?
The unemployment rate in Caledonia, MI is 0.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Caledonia, MI a good place to live?
Caledonia offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,936 and a median age of 35.5, the city appeals to a broad range of residents.
How educated is Caledonia, MI?
58.7% of residents in Caledonia 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 Caledonia?
Key cost-of-living indicators for Caledonia, MI: median home value is $325,100 (33% above national), median rent is $1,057/month, and median household income is $114,167. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Caledonia?
The poverty rate in Caledonia, MI is 2.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Caledonia, MI?
Caledonia's population is 3.4% White, 1.4% Hispanic or Latino, 0.6% Black or African American, 0.7% Asian, and 1.0% two or more races. 9.6% of residents are foreign-born.