Last updated: 2024 BLS data · Page refreshed:
Cannelton has a population of 1,404 with a median age of 34.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,404 |
| Median Age | 34.1 |
| White | 90.2% |
| Black or African American | 3.9% |
| Hispanic or Latino | 1.9% |
| Other / Two or More Races | 4.0% |
The median household income in Cannelton is $29,219, which is 63.8% below the national median of $80,610. The per capita income is $19,836. The poverty rate is 39.8%.
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In Cannelton, 86.9% of residents age 25+ have a high school diploma or higher, and 7.6% hold a bachelor's degree or higher (0.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 86.9% |
| Bachelor's Degree or Higher | 7.6% |
| Graduate or Professional Degree | 0.9% |
The median home value in Cannelton is $85,700, below the national median of $303,400. The median monthly rent is $726. The homeownership rate is 46.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $85,700 |
| Median Monthly Rent | $726 |
| Homeownership Rate | 46.4% |
| Vacancy Rate | 16.8% |
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