Caledonia, MN
Population 2,825 · Minnesota
About Caledonia, MN
Caledonia is a small town located in Minnesota with a population of 2,825 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,792 per year, which is 7% below the national median of $75,149. The median age of 48.7 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 Caledonia features a median home value of $148,500, which is 39% below 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 $804, 31% below the national average of $1,163/month. Of the 1,443 total housing units, 74% are owner-occupied (1,020 units) and 26% are renter-occupied (354 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Caledonia shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Caledonia have an average one-way commute time of 25.4 minutes.
Education & Demographics
17.7% of Caledonia 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 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.1% Asian residents, with 0.1% of the population being foreign-born.
Cost of Living in Caledonia, MN
Compared to national averages, Caledonia has a median household income of $69,792 (7% below the national median of $75,149). Home values average $148,500, which is 39% below the national median. Monthly rent at $804 is 31% below the US average of $1,163. Within Minnesota, Caledonia's income is 6% below the state average of $74,221, and home values are 27% below the state median of $204,472.
Why Live in Caledonia, MN?
Caledonia offers affordable housing with a median home value of $148,500, below the US average of $244,900, and rent that’s lower than the national average at $804/month, and a strong job market with an unemployment rate of just 2.5%. Additionally, the city features a low poverty rate of 9.2%, better than the national average.
Potential considerations include median household income ($69,792) that falls below the national average. However, Caledonia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Caledonia has a population of 2,825 with a median age of 48.7 years. Compare Caledonia with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Caledonia
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Albany | 2,800 | $75,417 | $226,000 | Compare |
| Dodge Center | 2,864 | $77,552 | $175,900 | Compare |
| Mountain Iron | 2,865 | $81,607 | $180,700 | Compare |
| Cokato | 2,780 | $71,090 | $216,100 | Compare |
| Barnesville | 2,757 | $83,333 | $218,300 | Compare |
| Greenfield | 2,897 | $147,184 | $524,300 | Compare |
| Roseau | 2,728 | $60,185 | $130,000 | Compare |
| Afton | 2,944 | $129,956 | $655,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
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, MN?
The population of Caledonia, MN is 2,825 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Minnesota.
What is the median household income in Caledonia?
The median household income in Caledonia, MN is $69,792 per year, which is 7% below the national median of $75,149.
What is the median home value in Caledonia?
The median home value in Caledonia, MN is $148,500, which is 39% below 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, MN is $804, which is 31% below the national average of $1,163/month.
What is the unemployment rate in Caledonia?
The unemployment rate in Caledonia, MN is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Caledonia, MN a good place to live?
Caledonia offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,825 and a median age of 48.7, the city appeals to established professionals and retirees.
How educated is Caledonia, MN?
17.7% of residents in Caledonia 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 Caledonia?
Key cost-of-living indicators for Caledonia, MN: median home value is $148,500 (39% below national), median rent is $804/month, and median household income is $69,792. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Caledonia?
The poverty rate in Caledonia, MN is 9.2%, 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, MN?
Caledonia's population is 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.1% Asian, and 0.1% two or more races. 0.1% of residents are foreign-born.