Caledonia, Minnesota Median Income

Caledonia, Minnesota has a population of 2,850, with a median household income of $58,400.

Current median income data for Caledonia.

$58,400

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Population

2,850

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Median Income

$58,400

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Unemployment

3.90%

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Housing Price

$215,000

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Crime Rate

18.50

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Internet Speed

200.00 Mbps

Caledonia is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Minnesota, Caledonia provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Caledonia has a population of 2,850, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Caledonia is $58,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Caledonia is about $215,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Caledonia is 3.90%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Caledonia are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Caledonia shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Caledonia continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Caledonia

What is the population of Caledonia?

The population of Caledonia is approximately 2,850.

Is Caledonia a good place to live?

Caledonia offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Caledonia?

The median household income in Caledonia is around $58,400.

How expensive is housing in Caledonia?

The average housing price in Caledonia is approximately $215,000.