Last updated: 2024 BLS data · Page refreshed:
Canfield has a population of 7,649 with a median age of 51.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 7,649 |
| Median Age | 51.2 |
| White | 89.9% |
| Black or African American | 2.5% |
| Asian | 0.7% |
| Hispanic or Latino | 4.1% |
| Other / Two or More Races | 2.8% |
The median household income in Canfield is $97,439, which is 20.9% above the national median of $80,610. The per capita income is $48,042. The poverty rate is 4.1%.
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In Canfield, 95.7% of residents age 25+ have a high school diploma or higher, and 45.3% hold a bachelor's degree or higher (18.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.7% |
| Bachelor's Degree or Higher | 45.3% |
| Graduate or Professional Degree | 18.8% |
The median home value in Canfield is $254,800, below the national median of $303,400. The median monthly rent is $788. The homeownership rate is 84.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $254,800 |
| Median Monthly Rent | $788 |
| Homeownership Rate | 84.8% |
| Vacancy Rate | 8.2% |
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