HomeMichiganKent CountyCaledonia
Caledonia, Michigan: commercial real estate data.
Caledonia is a Census village of 1,671 people across 1.34 square miles of land, in Kent County. Median household income is $106,250, 73.7 percent of occupied homes are owned, and the SBA record carries 64 7(a) approvals to borrowers here worth $9.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Caledonia
What Caledonia is
- Census place typevillage
- Land area1.34 sq mi
- Water area0.08 sq mi
- Population per square mile of land1,246
- County holding the largest share of its areaKent County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Caledonia
How many people live in Caledonia
- Population1,671
- Median age38.0
- Population under 18411
- Share under 1824.6 percent
- Population 65 and over192 plus or minus 45
- Share 65 and over11.5 percent
- Households651
- Family households491
- Share of households that are families75.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Caledonia
Income and work in Caledonia
- Median household income$106,250
- Per capita income$48,421
- Civilian labor force1,010
- Employed1,005
- Unemployed5 plus or minus 6
- Unemployment rate0.5 percent plus or minus 0.6
- Adults 25 and over1,126
- Adults 25 and over with a high school diploma or higher98.3 percent plus or minus 21.2
- Adults 25 and over with a bachelor degree or higher54.4 percent
- Adults 25 and over with a graduate degree16.2 percent plus or minus 3.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Caledonia
Housing in Caledonia
- Housing units660
- Occupied units651
- Vacant units9 plus or minus 16
- Vacancy rate1.4 percent plus or minus 2.4
- Owner occupied480
- Renter occupied171 plus or minus 50
- Ownership rate73.7 percent
- Median owner-occupied home value$339,000
- Median gross rent, monthly$1,128
- Annual rent as a share of median income12.7 percent plus or minus 2.6
- Single family units527
- Share single family79.8 percent
- Units in buildings of two or more133 plus or minus 45
- Share in buildings of two or more20.2 percent plus or minus 6.1
- Mobile homes0
- Median year structure built1988
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Caledonia
How Caledonia gets to work
- Workers 16 and over who commute848
- Commuting under 15 minutes235 plus or minus 75
- Share commuting under 15 minutes27.7 percent plus or minus 7.0
- Commuting 30 minutes or more207 plus or minus 55
- Share commuting 30 minutes or more24.4 percent
- Drove alone77.7 percent plus or minus 21.0
- Carpooled6.2 percent plus or minus 4.8
- Public transport0.0 percent
- Walked1.4 percent plus or minus 1.4
- Worked from home14.6 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Caledonia
SBA loans in Caledonia (7(a))
- Approvals64
- Gross approval$9,907,400
- Average approval$154,803
- Median approval$100,000
- Ninetieth percentile approval$318,400
- Largest approval$998,200
- Jobs supported329
- Jobs per approval5.1
- Loans with a final outcome18
- Paid in full18
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more3.1 percent
- Share to franchises4.7 percent
- Distinct lenders14
- Distinct industries by NAICS31
Counted by borrower city: approvals to borrowers whose address is in Caledonia, in any county, FY2020 to FY2026. Only 18 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Caledonia
SBA loans in Caledonia (504)
- Approvals9
- Gross approval$5,581,000
- Average approval$620,111
- Median approval$641,000
- Largest approval$985,000
- Jobs supported34
- Loans with a final outcome5
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Caledonia, in any county, FY2010 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Kent County, not Caledonia
Kent County context, not Caledonia figures
- Establishments in Kent County17,799
- Covered employment, Kent County415,565
- Average annual pay, Kent County$62,288
- Housing units permitted, Kent County2,090
Every figure in this section is published for Kent County as a whole and is not a measurement of Caledonia.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Caledonia questions, answered from the record.
How many people live in Caledonia, Michigan?
1,671, in 651 households. Caledonia village covers 1.34 square miles of land, which is 1,246 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Caledonia in?
Kent County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Caledonia?
$106,250. The median owner-occupied home is valued at $339,000. Median gross rent is $1,128 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Caledonia businesses?
64 7(a) approvals totaling $9.9 m since FY2020, across 14 lenders, median approval $100,000, plus 9 504 approvals worth $5.6 m since FY2010. These count approvals to borrowers whose address is in Caledonia, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Caledonia borrowers get paid back?
No rate is published for Caledonia. Only 18 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Caledonia figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Kent County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Caledonia.
Is zoning published for Caledonia?
No. Nothing on this page presents parcel level zoning.