Caledonia was struck by an EF-2 tornado on November 22, 2010, around 3:04 pm; several homes were destroyed, a grain bin collapsed, the local Elementary school was set on lockdown, and six minor injuries were reported when a bus was blown over near Argyle and Harlem Roads.

[5] According to the 2021 census gazetteer files, Caledonia has a total area of 1.04 square miles (2.69 km2), all land.

The racial makeup of the village was 96.72% White, 0.55% Native American, 0.55% Asian, and 2.19% from two or more races.

16.85% of all households were made up of individuals, and 1.12% had someone who was 65 years of age or older living alone.

Caledonia is approximately three miles east of the new State Highway 173 interchange on Interstate 90, which will position Caledonia to grow its tax base and benefit from increased revenue.