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City · 25,257 residents · Racine County, Wisconsin

Caledonia , Wisconsin

In Caledonia, a typical home is worth $303,400 and typical rent is $1,141 a month. Compared with all of Racine County, the typical home value is 21% higher, typical household income is 19% higher, and the share of households that own their home is 10 points higher.

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  • Typical home value

    $303,400

    21% above the county

    14% above Wisconsin

    • Caledonia
    • Racine
    • Wisconsin

  • Typical rent

    $1,141a month

    6% above the county

    5% above Wisconsin

    • Caledonia
    • Racine
    • Wisconsin

  • Typical household income

    $93,152a year

    19% above the county

    20% above Wisconsin

    • Caledonia
    • Racine
    • Wisconsin

  • Households that own their home

    81%

    10 points above the county

    13 points above Wisconsin

    • Caledonia
    • Racine
    • Wisconsin

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$386,347
4.7% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Caledonia is in Racine County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Racine County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Caledonia apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Racine, the typical home value is $166,500: 45% less than in Caledonia ($303,400).

  2. Caledonia has the 8th smallest share of rent-burdened renters of the 141 cities in Wisconsin with more than 5,000 people (30%).

  3. The typical home in Caledonia is worth $303,400, 21% more than in Racine County as a whole ($251,400).

  4. The typical household income in Caledonia is $93,152, 19% more than in Racine County as a whole ($78,096).

  5. 81% of households in Caledonia own their home, against 71% in Racine County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Caledonia

What homes there are in Caledonia, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Caledonia, 8 in 10 homes are single-family detached houses; in Racine County, 7.

Year built

Homes in Caledonia are newer: the typical year built is 1978; in Racine County, 1968.

Homes in Caledonia are bigger: 73% have 3 bedrooms or more; in Racine County, 65%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA loan limit for Racine County is $541,287, and about 91% of owner-occupied homes in Caledonia are worth less than that.

Monthly rent with utilities

With a mortgage

$1,836 a month

Racine County: $1,691 a month

Without a mortgage

$769 a month

Racine County: $690 a month

Owners with a mortgage

68%

Racine County: 66%

The typical cost for an owner with a mortgage in Caledonia is $1,836 a month, more than in Racine County ($1,691); without one, $769.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Much as in Racine County, the typical home value in Caledonia rose 45% since 2015–2019.

Much as in Racine County, the typical rent in Caledonia rose 24% since 2015–2019.

The typical household income in Caledonia rose 16%: less than home values (+45%) and rent (+24%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureCaledoniaRacine CountyWisconsinUnited States
Rental vacancy Unreliable estimate5.7%4.5%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.5%0.9%
More than one person per room Unreliable estimate1.4%1.7%3.4%
People per household 2.472.392.332.53
Drive alone 79%77%74%69%
Carpool 9%9%7%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate1%3%3%
Work from home 11%10%13%15%
Other means Unreliable estimate2%1%2%
Typical commute 20 to 29 minutes20 to 29 minutes10 to 19 minutes20 to 29 minutes

By size, households in Caledonia look like those in Racine County: 2.47 people on average.

The car rules in Caledonia: 79% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Caledonia?

A typical home is tight for the typical income

We start with a typical home in Caledonia, worth $303,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 34% of the typical household income in Caledonia, which is $93,152 a year. For that payment to be 28% of income, a household would need to earn about $114,021 a year.

The calculator's FHA and conventional loan limits are those of all of Racine County.

Your numbers

Local data
$

Starts at the typical home value in Caledonia. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $10,619 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,660

at 7.18% · 30 years

Loan amount
$297,905
Total interest
$428,615
Paid off in
November 2056

Includes $5,124 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,174 a month

  • Tight

    $2,174 to $2,795 a month

    Your payment · 34%

  • Hard

    more than $2,795 a month

Compared with the typical household income in Caledonia ($93,152 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,660
Principal & interest$2,018
Property tax$382
Home insurance$126
FHA mortgage insurance (MIP)$134

You need at least $10,619 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Caledonia and Racine County

Caledonia is in Racine County, Wisconsin. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Caledonia's own numbers

Typical home value
$303,400
Typical monthly rent
$1,141
Typical yearly household income
$93,152
Households that own their home
81%
Effective property tax rate
1.51%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Racine County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,283
Price change over 5 years (FHFA)
+57%
Homes in a high flood-risk zone
0.8%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Racine County.

Everything about Racine County

Buying

Buying a home in Caledonia

A typical home in Caledonia is worth $303,400: 21% above the county and 14% above Wisconsin. With the typical household income in Caledonia ($93,152 a year), a typical home costs 3.3 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Caledonia 3.3 years
  • Racine 3.2 years
  • Wisconsin 3.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Racine County

According to FHFA’s house price index, home prices in Racine County rose 104% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Racine County.

Period County Wisconsin U.S.
Last year (2025) +7.9% +5.4% +2.9%
5 years (2020–2025) +57% +57% +47%
10 years (2015–2025) +104% +96% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Caledonia next to Racine County, Wisconsin and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Caledonia $303,400
  • Racine $251,400
  • Wisconsin $266,500
  • United States $332,700
Typical monthly rent
  • Caledonia $1,141
  • Racine $1,080
  • Wisconsin $1,087
  • United States $1,413
Typical yearly household income
  • Caledonia $93,152
  • Racine $78,096
  • Wisconsin $77,485
  • United States $80,734
See the full table
Caledonia next to Racine County and Wisconsin
Measure Caledonia Racine County Wisconsin U.S.
Typical home value $303,400 $251,400 $266,500 $332,700
Typical monthly rent $1,141 $1,080 $1,087 $1,413
Typical yearly household income $93,152 $78,096 $77,485 $80,734
Households that own their home 81% 71% 68% 65%
Typical yearly property tax $4,596 $4,099 $3,792 $3,119
Effective property tax rate 1.51% 1.63% 1.42% 0.94%
Renters with high rent for their income 30% 43% 44% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Racine County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Caledonia

For a typical $303,400 home in Caledonia, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Caledonia's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,660a month

    Least cash to close
    Down payment
    $10,619
    Cash to close
    $19,721
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $134

  • Conventional, 5% down $2,605a month

    Down payment
    $15,170
    Cash to close
    $24,272
    Rate
    7.18%
    Mortgage insurance
    PMI · $144

  • Conventional, 20% down, no PMI $2,152a month

    Down payment
    $60,680
    Cash to close
    $69,782
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,433a month

    Down payment
    $45,510
    Cash to close
    $54,612
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Caledonia and for Racine County.

Property tax

Effective rate in Caledonia

1.51%of the home’s value each year

$4,596 a year for the typical owner in Caledonia.

  • Caledonia 1.51%
  • Racine 1.63%
  • Wisconsin 1.42%

What Wisconsin publishes Lottery and Gaming Credit for your primary residence (Wisconsin Department of Revenue)

Exemptions and deadlines in Wisconsin

Flood risk in Racine County

FEMA does not publish these numbers by city: they are for all of Racine County.

Homes in the high-risk zone
0.8%
465
Of those, with NFIP insurance
46%
County Wisconsin U.S.
Homes in the high-risk zone 0.8% 1.4% 3.5%
Of those, with NFIP insurance 46% 19% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Caledonia

Typical rent in Caledonia is $1,141 a month: 6% above the county. In Caledonia, 30% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Racine County, by unit size. To pay the 2-bedroom one ($1,283 a month) without spending more than 30% of your income, you would need to earn $24.67 an hour working full time.

HUD fair market rent for all of Racine County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $926 $17.81 $37,040
1 bedroom $1,036 $19.92 $41,440
2 bedrooms $1,283 $24.67 $51,320
3 bedrooms $1,639 $31.52 $65,560
4 bedrooms $1,984 $38.15 $79,360

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Caledonia

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Caledonia has 3 ZIP codes with their own.

For 2 bedrooms it runs from $1,320 in 53402 to $1,590 in 53108.

3 of the 3 are above the fair market rent for Racine County ($1,283).

  • 53108 $1,590$2,030
  • 53126 $1,360$1,740
  • 53402 $1,320$1,690

3 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Caledonia when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Caledonia

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Racine County; 1 says it serves in Spanish.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Caledonia

No down payment, repair or rent-help program on our list is for Caledonia or Racine County. The ones below are statewide in Wisconsin: they work in Caledonia the same as in the rest of the state.

Which programs do I qualify for? All programs in Wisconsin

  • WHEDA Easy Close Advantage DPA

    Statewide in Wisconsin

    Wisconsin state agency second mortgage for the down payment: up to 6% of the price, over 10 years with a monthly payment and the same rate as the WHEDA first mortgage. Offered by Wisconsin Housing and Economic Development Authority (WHEDA).

    Repayable

    See the program Official page

  • WHEDA Capital Access DPA

    Statewide in Wisconsin

    Limited funds remain, per the source

    $7,500 loan from the Wisconsin state agency for the down payment and closing costs, over 30 years, at 0% and with no monthly payments, alongside a WHEDA mortgage; limited funds, first come, first served. Offered by Wisconsin Housing and Economic Development Authority (WHEDA).

    Deferred

    See the program Official page

Housing counselors near Caledonia

The HUD-approved agencies closest to the center of Caledonia, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Housing Resources, Inc-Racine

    500 Wisconsin Ave. Suite 205, Racine · 7 miles away · Spanish

    • Mortgage delinquency and default
    • Workshops for new owners
    • and 2 more
    (262) 636-8271

  • City of Kenosha Housing Authority

    625-52nd ST., Room 98, Kenosha · 15 miles away · Spanish

    Also serves in other languages.

    • Budget and credit workshops
    • Pre-purchase counseling
    • and 2 more
    (262) 653-4120

  • United Community Center

    1028 S. 9th Street, Milwaukee · 16 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (414) 384-3100

Every agency in Racine County All counseling agencies in Wisconsin

Help in Spanish near Caledonia

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Caledonia

HUD’s record names them for Caledonia or Racine County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of Racine County Section 8 vouchers (262) 636-3405

All housing agencies in Wisconsin Source: HUD

Cities

Other cities in Racine County

These cities are also in Racine County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Racine County Housing in Wisconsin

Nearby cities

The cities closest to Caledonia, with the typical home value.

Neighboring counties

If Racine County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Caledonia.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about Caledonia

Short answers with the numbers for Caledonia and all of Racine County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Caledonia?

The typical home value in Caledonia is $303,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Racine County it is $251,400.

How much does it cost to rent in Caledonia?

Typical rent in Caledonia is $1,141 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Racine County is $1,283.

What is the FHA loan limit in Caledonia?

Caledonia uses the FHA limit for all of Racine County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Caledonia?

The typical homeowner in Caledonia pays $4,596 a year, according to the U.S. Census Bureau. That is 1.51% of the home’s value; in Racine County, the rate is 1.63%.

Where can I find free help to buy or rent in Caledonia?

There is 1 HUD-approved counseling agency with an office in Racine County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).