HomeMinnesotaHouston CountyCaledonia city
Caledonia city, Minnesota: commercial real estate data.
Caledonia city is a Census city of 2,820 people across 2.82 square miles of land, in Houston County. Median household income is $76,477, 74.4 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $2.9 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Caledonia
What Caledonia is
- Census place typecity
- Land area2.82 sq mi
- Water area0 sq mi
- Population per square mile of land998
- County holding the largest share of its areaHouston 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
- Population2,820
- Median age50.4
- Population under 18470 plus or minus 124
- Share under 1816.7 percent plus or minus 4.4
- Population 65 and over618 plus or minus 134
- Share 65 and over21.9 percent plus or minus 4.7
- Households1,387
- Family households762
- Share of households that are families54.9 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$76,477 plus or minus $17,277
- Per capita income$48,419 plus or minus $11,627
- Civilian labor force1,695
- Employed1,670
- Unemployed25 plus or minus 45
- Unemployment rate1.5 percent plus or minus 2.7
- Adults 25 and over2,201
- Adults 25 and over with a high school diploma or higher95.3 percent
- Adults 25 and over with a bachelor degree or higher16.9 percent plus or minus 5.2
- Adults 25 and over with a graduate degree5.7 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Caledonia
Housing in Caledonia
- Housing units1,456
- Occupied units1,387
- Vacant units69 plus or minus 63
- Vacancy rate4.7 percent plus or minus 4.3
- Owner occupied1,032
- Renter occupied355 plus or minus 109
- Ownership rate74.4 percent
- Median owner-occupied home value$157,900
- Median gross rent, monthly$839 plus or minus $206
- Annual rent as a share of median income13.2 percent plus or minus 4.4
- Single family units1,315
- Share single family90.3 percent
- Units in buildings of two or more115 plus or minus 71
- Share in buildings of two or more7.9 percent plus or minus 4.9
- Mobile homes26 plus or minus 33
- Median year structure built1962
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 commute1,470
- Commuting under 15 minutes647 plus or minus 161
- Share commuting under 15 minutes44.0 percent plus or minus 10.1
- Commuting 30 minutes or more618 plus or minus 154
- Share commuting 30 minutes or more42.0 percent plus or minus 9.7
- Drove alone71.5 percent
- Carpooled11.0 percent plus or minus 4.0
- Public transport0.0 percent
- Walked2.0 percent plus or minus 1.9
- Worked from home12.0 percent plus or minus 5.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Caledonia
SBA loans in Caledonia (7(a))
- Approvals1
- Gross approval$2,850,000
- Average approval$2,850,000
- Median approval$2,850,000
- Ninetieth percentile approval$2,850,000
- Largest approval$2,850,000
- Jobs supported47
- Jobs per approval47.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Houston County, not Caledonia
Houston County context, not Caledonia figures
These are Houston County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Caledonia measurements.
- Establishments in Houston County394
- Employment at those establishments, Houston County4,309
- Covered employment, Houston County5,031
- Average annual pay, Houston County$47,489
- Average weekly wage, Houston County$913
- Housing units permitted, Houston County44
- Of those, single family, Houston County34
- County product, 2024, Houston County$810,300,000
- County product change over the prior year, Houston County7.6 percent
- Average income of an arriving household, Houston County$58,280
Every figure in this section is published for Houston County as a whole and is not a measurement of Caledonia. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Caledonia questions, answered from the record.
How many people live in Caledonia, Minnesota?
2,820, in 1,387 households. Caledonia city covers 2.82 square miles of land, which is 998 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?
Houston 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?
$76,477. The median owner-occupied home is valued at $157,900. Median gross rent is $839 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?
1 7(a) approvals totalling $2.9 m, across 1 lenders, median approval $2,850,000. 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 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Caledonia figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Houston 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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