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Canton, Texas

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
4,545
Population
$51,027
Median Income
$219,900
Home Value
36.5
Median Age

Demographics

Canton has a population of 4,545 with a median age of 36.5. Here is the racial and ethnic breakdown of the population:

White
90.6%
Hispanic
5.2%
Other
2.1%
Black
1.8%
Demographic Value
Total Population4,545
Median Age36.5
White90.6%
Black or African American1.8%
Asian0.3%
Hispanic or Latino5.2%
Other / Two or More Races2.1%
Canton, Texas — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 90.6%Hispanic/Latino: 5.2%Other: 2.1%Other: 2.1%4,545PopulationWhiteWhite90.6%Hispanic/LatinoHispanic/Latino5.2%OtherOther2.1%OtherOther2.1%

Income & Economy

The median household income in Canton is $51,027, which is 36.7% below the national median of $80,610. The per capita income is $30,088. The poverty rate is 11.7%.

$51,027
Median Household Income
$30,088
Per Capita Income
11.7%
Poverty Rate

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Education

In Canton, 88.8% of residents age 25+ have a high school diploma or higher, and 24.5% hold a bachelor's degree or higher (10.7% with a graduate or professional degree).

HS Diploma+
88.8%
Bachelor's+
24.5%
Graduate+
10.7%
Education Level % of Adults (25+)
High School Diploma or Higher88.8%
Bachelor's Degree or Higher24.5%
Graduate or Professional Degree10.7%

Housing

The median home value in Canton is $219,900, below the national median of $303,400. The median monthly rent is $1,027. The homeownership rate is 68.5%.

$219,900
Median Home Value
$1,027/mo
Median Rent
68.5%
Homeownership Rate
Housing Metric Value
Median Home Value$219,900
Median Monthly Rent$1,027
Homeownership Rate68.5%
Vacancy Rate9.6%

Salaries in Texas

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Frequently Asked Questions

What is the population of Canton, Texas?
The population of Canton, Texas is 4,545 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Canton, Texas?
The median household income in Canton, Texas is $51,027. This is 36.7% below the national median of $80,610.
What is the median home value in Canton, Texas?
The median home value in Canton, Texas is $219,900. The median monthly rent is $1,027.
What percentage of people in Canton have a college degree?
In Canton, Texas, 24.5% of adults age 25 and older hold a bachelor's degree or higher, and 88.8% have a high school diploma or higher.
Is Canton, Texas an affordable place to live?
The home price-to-income ratio in Canton, Texas is 4.3x (median home value $219,900 vs. median income $51,027), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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