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Caledonia is considered a Small Town with a population of 2,638 and 596 businesses. 0 in 2018 were added to the Caledonia Chamber of Commerce business directory which was less than 2017 which had 3.

The economy of Caledonia employs 1,899 people and has an unemployment rate of 4.4%. Some of the largest industries in Caledonia are Professional Services (96),Pumpkin Patches (23), and Restaurants (17).
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