At a Glance
Median Income
$31,986
$29,698 per capita
Home Value
$170,700
Zillow: $393,319
Median Rent
$1,321/mo
41.3% of income on rent
Bachelor's Degree+
23.0%
84.7% high school+
Unemployment
12.0%
37.4% poverty rate
Obesity Rate
30.9%
14.2% smoking rate
How Canaan Compares to the U.S. Average
Each bar shows Canaan's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Canaan a Good Place to Live?
C+
2.6 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Canaan residents earn a median household income of $31,986 , which is 57% below the national average of $75,149.
Per capita income is $29,698. The unemployment rate stands at 12.0% (233% above the U.S. rate of 3.6%). 37.4% of residents live below the poverty line. The area is home to 2,212 business establishments, including 199 restaurants.
Housing & Cost of Living
The median home value in Canaan is $170,700 , 39% below the national median of $281,900.
Zillow estimates the typical home at $393,319. Median rent is $1,321/month, with 41.3% of renters spending more than 30% of income on housing. The cost of living index is 103.6 (100 = national average). The median home was built in 1957.
Education
23.0% of adults in Canaan hold a bachelor's degree or higher
(32% below the national average).
84.7% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Canaan has an average annual temperature of 48°F (9°C).
Winters average 25°F in January while summers reach 71°F in July. Annual precipitation totals 46.9 inches.
Data Overview
People
Population1,297
Median Age39.6 yrs
Density741/mi²
Male / Female54% / 46%
Foreign Born12.3%
Veterans7.0%
Economy
F
Median Income$31,986
Per Capita$29,698
Unemployment12.0%
Poverty37.4%
County GDP$3,465M
Avg Weekly Wage$1,082
Housing
B+
Home Value$170,700
Rent$1,321
Ownership60.6%
Zillow$393,319
Housing Units623
Rent Burden41.3%
Health
Obesity30.9%
Diabetes8.9%
Smoking14.2%
Heart Disease5.5%
Premature Death7,810/100K
Climate
Avg Temp48°F
Rain46.9 in/yr
Elevation720 ft
Education
C+
Bachelor's+23.0%
High School+84.7%
Graduate+3.4%
School Score6.1/10
Community
2024 VoteR 43% / D 57%
Commute17 min
Broadband76.3%
Internet Speed141 Mbps
EV Stations1
Libraries12
Did You Know?
The median home in Canaan was built in 1957.
The nearest airport is Westfield-Barnes Regional (33 miles).
The Gini coefficient (income inequality) is 0.481 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
10.5% of the population has a disability.
12.3% of residents are foreign-born.
Average internet download speed is 141 Mbps.
There are 199 restaurants in the area.
The county recorded 6 fatal vehicle crashes.