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Caledonia's economy benefits from manufacturing, healthcare, education, and retail. The city's unemployment rate is 4.8%, which is more than the national average. The median household income is wonderful at $88,750 per year, which is about $19,750 higher than the American average of $69,021.
The economy is growing faster than the rest of the country. Caledonia’s predicted job growth rate for the next decade is 37.7%, compared to the national rate of 33.5%.
Industries offering the most jobs are healthcare (8.5%), educational services (7.7%), finance/insurance (6.4%), transportation equipment (6.3%), accommodation & food services (6.1%), furniture & related product manufacturing (6.1%), professional, scientific, and technical services (5.4%).
This city has many excellent neighborhoods and lovely large homes on big lots.
Caledonia Community Schools is the administrator of the public schools. The school district spends $15,958 annually per student. The student-to-teacher ratio is too high at 17 to one.
There are two private schools in this city, which are Dutton Christian (PK to 8th) and Gaines Township KinderCare (NS to PK).
There are no colleges in this city, but many nearby. There are 21 colleges and universities within 50 miles. The closest schools are in Grand Rapids. They are Davenport University, Calvin College, and Aquinas College.
The municipal government consists of the President and six trustees serving on the Village Council. There is more information on Caledonia's website.
The Kent County Parks & Trails maintains the parks, playgrounds, and baseball fields.
The median price in Caledonia is $389,900. The price trend is down -10.4% year-over-year. The housing market is a seller’s market. Housing costs are 13% more than the national average. The cost of living is 10% higher than other Michigan cities and 1% less than the national average.