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EconPulse

Local economy signal dashboard

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PLACEThriving

Caledonia, ND

Thriving overall. Jobs is the clearest support signal, while gdp / output needs the most attention. Housing reads as unavailable for a median-income household.

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Overall score75out of 100
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8
100
100
NA
100

Population

74

Data freshness

Unknown

GDP / Output

-4.5% YoY

8

$634.0M

Output changed -4.5% in 2024.

Vintage date unknown

State growth2.8%
U.S. growth5.3%

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

State avg2.8%
U.S. avg5.2%

Population

+54.2% 5-year

100

74

Population moved +54.2% over the latest ACS window.

Vintage date unknown

State population784,841
U.S. population334,922,499

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

Vintage date unknown

State rent$954
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$12.7K per resident

100

$101.6M

$101.6M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$98.4B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$101.6M

$12.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$41.7M
2. Department of Agriculture$23.8M
3. Department of Transportation$21.8M

Top recipients

Dollars
1. REDACTED DUE TO PII$23.4M
2. NORTH DAKOTA DEPARTMENT OF TRANSPORTATION$21.7M
3. MAYVILLE STATE UNIVERSITY$6.0M

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median incomeUnavailable
Median home value$95,000

ACS context

Quick Facts

Population

74

Median age

70.3

Bachelor's degree+

4.1%

Poverty rate

0.0%

Labor force participation

48.6%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+9.0%

GDP CAGR

+5.8%

Federal flow

5 years

Population (5 years)
202048
202164
202269
202368
202474
GDP (5 years)
2020$479.1M
2021$514.9M
2022$634.6M
2023$663.6M
2024$634.0M

2-year linear forecast

Predictive Outlook

Population forecast

202474
202581 *
202687 *

R² = 79.4% · * projected

GDP forecast

2024$634.0M
2025$722.8M *
2026$768.6M *

R² = 77.4% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing + income analysis

Cost of Living

Income and housing cost data unavailable for this geography.

employment snapshot

Job Market

Unemployment rate0.0%
State avg2.8%
U.S. avg5.2%
Labor force participation48.6%
Poverty rate0.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$95,000

composite score

Investment Climate

Investment climateModerate
Composite score66/100
Economic growth8/100
Labor market100/100
Population momentum100/100
Overall stability75/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Caledonia CDP, North Dakota

City/Town

Part of

North Dakota

Nearby locations

Shelly, MNNielsville, MNHalstad, MNHillsboro, NDClimax, MN