Last updated: 2024 BLS data · Page refreshed:
Canaan has a population of 961 with a median age of 38.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 961 |
| Median Age | 38.6 |
| White | 85.5% |
| Hispanic or Latino | 15.2% |
The median household income in Canaan is $48,214, which is 40.2% below the national median of $80,610. The per capita income is $38,732. The poverty rate is 20.3%.
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In Canaan, 97.6% of residents age 25+ have a high school diploma or higher, and 32.1% hold a bachelor's degree or higher (3.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.6% |
| Bachelor's Degree or Higher | 32.1% |
| Graduate or Professional Degree | 3.6% |
The median home value in Canaan is $204,200, below the national median of $303,400. The median monthly rent is $1,588. The homeownership rate is 67.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $204,200 |
| Median Monthly Rent | $1,588 |
| Homeownership Rate | 67.4% |
| Vacancy Rate | 15.4% |
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