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Canton, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
398
Population
$53,056
Median Income
$93,200
Home Value
38.5
Median Age

Demographics

Canton has a population of 398 with a median age of 38.5. Here is the racial and ethnic breakdown of the population:

White
94.2%
Hispanic
3.0%
Other
2.8%
Demographic Value
Total Population398
Median Age38.5
White94.2%
Hispanic or Latino3.0%
Other / Two or More Races2.8%
Canton, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 94.2%Hispanic/Latino: 3.0%Other: 2.8%398PopulationWhiteWhite94.2%Hispanic/LatinoHispanic/Latino3.0%OtherOther2.8%

Income & Economy

The median household income in Canton is $53,056, which is 34.2% below the national median of $80,610. The per capita income is $29,194. The poverty rate is 19.3%.

$53,056
Median Household Income
$29,194
Per Capita Income
19.3%
Poverty Rate

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Education

In Canton, 93.8% of residents age 25+ have a high school diploma or higher, and 14.8% hold a bachelor's degree or higher (4.3% with a graduate or professional degree).

HS Diploma+
93.8%
Bachelor's+
14.8%
Graduate+
4.3%
Education Level % of Adults (25+)
High School Diploma or Higher93.8%
Bachelor's Degree or Higher14.8%
Graduate or Professional Degree4.3%

Housing

The median home value in Canton is $93,200, below the national median of $303,400. The median monthly rent is $610. The homeownership rate is 83.7%.

$93,200
Median Home Value
$610/mo
Median Rent
83.7%
Homeownership Rate
Housing Metric Value
Median Home Value$93,200
Median Monthly Rent$610
Homeownership Rate83.7%
Vacancy Rate0.6%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Canton, Minnesota?
The population of Canton, Minnesota is 398 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Canton, Minnesota?
The median household income in Canton, Minnesota is $53,056. This is 34.2% below the national median of $80,610.
What is the median home value in Canton, Minnesota?
The median home value in Canton, Minnesota is $93,200. The median monthly rent is $610.
What percentage of people in Canton have a college degree?
In Canton, Minnesota, 14.8% of adults age 25 and older hold a bachelor's degree or higher, and 93.8% have a high school diploma or higher.
Is Canton, Minnesota an affordable place to live?
The home price-to-income ratio in Canton, Minnesota is 1.8x (median home value $93,200 vs. median income $53,056), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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