Home Value
$157,400
44% lower than US avg
Bachelor's+
0.0%
100% lower than US avg
Obesity Rate
32.3%
1% higher than US avg
Unemployment
0.0%
100% lower than US avg
Poverty Rate
3.9%
69% lower than US avg
How Canaan Compares to the U.S. Average (100% = U.S. avg)
People
Population205
Median Age49.0 yrs
Density732/mi²
Male / Female36% / 64%
Largest GroupWhite 100%
Veterans83.0%
Economy
Median IncomeN/A
Per Capita$21,341
Unemployment0.0%
Poverty3.9%
County GDP$2,066M
Commute43 min
Housing
Home Value$157,400
RentN/A
OwnershipN/A
Housing Units59
Rent Burden27.6%
Health
Obesity32.3%
Uninsured6.5%
Smoking15.1%
Depression26.5%
Heart Disease4.8%
Climate
Avg Temp56°F (13°C)
AQI41 (Good)
Rain51.0 in/yr
Sunny Days290/yr
Elevation949 ft (289 m)
Education
B+
Bachelor's+0.0%
High School+73.8%
Graduate+0.0%
School Score6.01
Community
2024 VoteR 67% / D 31%
Commute43 min
Broadband54.0%
Libraries2
Is Canaan a Good Place to Live?
Based on current data, Canaan receives an overall livability score of 4.0 out of 5.0, earning a grade of A. Key strengths include low unemployment, affordable housing, abundant sunshine, a low poverty rate. Areas to be aware of include long commute times. Canaan stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
Economy & Jobs
The job market is very strong with unemployment at just 0.0%. Only 3.9% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 43 minutes, longer than the typical American commute of 28 minutes.
Cost of Living & Housing
The median home value in Canaan is $157,400, 44% below the national median — offering relatively affordable homeownership.
Education
0.0% of residents hold a bachelor's degree, below the national average of 33.7%. 73.8% have completed high school. Area schools have an average test score of 6/10.
Climate & Weather
Canaan enjoys a moderate climate with an average annual temperature of 56°F. Winters average 33°F in January while summers reach 77°F in July. With 290 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 51.0 inches, including 12.3 inches of snow. Air quality is rated Good with a median AQI of 41.
Canaan has a population of 205 with a density of 732 people per square mile. The median age is 49.0 years, 26% older than the national median of 38.9. The city is predominantly White (100%).
Population
49.0yrs
Median Age
26% above US avg
Language Spoken at Home
| English Only | 100.0% |
| 27% above US avg |
| Spanish | 0.0% |
| 100% below US avg |
The median household income in Canaan is N/A. The unemployment rate is 0.0% (below the 3.6% US average). 3.9% of residents live below the poverty line. Workers commute an average of 43 minutes.
Income
| |
| Per Capita Income | $21,341 |
| Avg Weekly Wage | $978 |
| IRS Avg AGI | $65,883 |
Employment & Poverty
| Unemployment | 0.0% |
| 100% below US avg |
| Poverty Rate | 3.9% |
| 69% below US avg |
| Establishments (County) | 726 |
| County GDP | $2,066M |
Business (County)
| Restaurants | 77 |
| Healthcare | 94 |
| Retail | 114 |
| Manufacturing | 44 |
Tax & Cost of Living
| Property Tax (IRS) | $2,963 |
| 15% below US avg |
| Effective Tax Rate | 1.88% |
Commute & Transportation
| Commute Time | 42.7 min |
| Drive Alone | 100.0% |
| Public Transit | 0.0% |
| Work from Home | 0.0% |
The median home value in Canaan is $157,400, 44% below the national average.
Home Values
| Census Median | $157,400 |
| 44% below US avg |
Real Estate Market (Redfin)
Rental Costs
HUD Fair Market Rent
| Studio | $816 |
| 1 Bedroom | $882 |
| 2 Bedrooms | $1,096 |
| 3 Bedrooms | $1,391 |
| 4 Bedrooms | $1,590 |
Ownership & Property
| Owner-Occupied | 100.0% |
| Housing Units | 59 |
| Median Year Built | 1992 |
Property Tax
| Avg Tax (IRS) | $2,963 |
| 15% below US avg |
| Effective Rate | 1.88% |
In Canaan, 32.3% of adults are obese (above the 32.1% national rate). 6.5% of residents lack health insurance. 15.1% are current smokers. 26.5% report depression. 22.4% are physically inactive.
Health Metrics: Canaan vs U.S. Average (%)
Chronic Conditions
| Obesity | 32.3% |
| 1% above US avg |
| Diabetes | 9.9% |
| Heart Disease | 4.8% |
| High Blood Pressure | 30.6% |
| Asthma | 11.3% |
| COPD | 7.5% |
| Cancer | 7.3% |
| Stroke | 2.8% |
Behaviors & Mental Health
| Smoking | 15.1% |
| 8% above US avg |
| Binge Drinking | 14.7% |
| Physical Inactivity | 22.4% |
| Depression | 26.5% |
| Mental Distress | 18.1% |
| Physical Distress | 13.0% |
| Short Sleep | 29.7% |
Healthcare Access
| Insurance Rate | 100.0% |
| Uninsured | 6.5% |
| 24% below US avg |
| Checkup Rate | 71.2% |
| Dental Visits | 55.7% |
| Premature Death | 10,875/100K |
Food & Exercise
| Food Environment | 7.8/10 |
| Exercise Access | 69.3% |
| Healthcare Facilities | 94 |
Canaan has an average annual temperature of 56°F (13°C). Winters average 33°F in January while summers reach 77°F in July. Annual precipitation is 51.0 inches. The area enjoys 290 sunny days per year. Air quality is rated Good with a median AQI of 41.
Temperature
33°F Jan (1°C)
77°F Jul (25°C)
| Annual Average | 56.0°F |
| 4% above US avg |
| January Average | 33°F (1°C) |
| July Average | 77°F (25°C) |
| Sunny Days | 290 days/yr |
Precipitation & Snow
| Annual Rainfall | 51.0 inches |
| 34% above US avg |
| Snowfall | 12.3 inches/yr |
Air Quality
| AQI Median | 41.0 |
| Rating | Good |
Geography
| Elevation | 949 ft (289 m) |
| Area | 0.3 sq mi (0.7 km²) |
| Population Density | 732/sq mi |
| Coordinates | 38.8654°N, 85.3008°W |
| Timezone | America/Indiana/Indianapolis |
| County FIPS | 18077 |