Median Income
$56,250
25% lower than US avg
Home Value
$118,000
58% lower than US avg
Bachelor's+
13.0%
61% lower than US avg
Median Rent
$742
36% lower than US avg
Obesity Rate
33.5%
4% higher than US avg
Unemployment
8.4%
133% higher than US avg
Poverty Rate
8.9%
29% lower than US avg
How Canaan Compares to the U.S. Average (100% = U.S. avg)
People
Population305
Median Age51.7 yrs
Density194/mi²
Male / Female42% / 58%
Largest GroupWhite 98%
Veterans1.3%
Economy
B
Median Income$56,250
Per Capita$29,869
Unemployment8.4%
Poverty8.9%
County GDP$183M
Commute20 min
Housing
A+
Home Value$118,000
Rent$742
OwnershipN/A
Zillow$192,138
Rent Burden28.6%
Health
Obesity33.5%
UninsuredN/A
Depression28.9%
Heart Disease6.0%
Climate
Avg Temp39°F
AQI31 (Good)
Rain42.8 in/yr
Elevation1,339 ft
Education
C
Bachelor's+13.0%
High School+78.9%
School Score6.02
Community
2024 VoteR 55% / D 39%
Commute20 min
Broadband77.9%
Libraries4
Is Canaan a Good Place to Live?
Based on current data, Canaan receives an overall livability score of 3.3 out of 5.0, earning a grade of B. Key strengths include affordable housing, high health insurance coverage. Areas to be aware of include above-average unemployment, below-average incomes. Canaan offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Canaan is $56,250, 25% below the national average of $75,149. At 8.4%, unemployment is notably high. 8.9% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 20 minutes.
Cost of Living & Housing
The median home value in Canaan is $118,000, 58% below the national median — offering relatively affordable homeownership. Renters pay a median of $742 per month, below the national average — a plus for affordability. At just 2.1x median income, home prices are very affordable relative to local earnings.
Education
13.0% of residents hold a bachelor's degree, below the national average of 33.7%. 78.9% have completed high school. Area schools have an average test score of 6/10.
Climate & Weather
Canaan has a cool climate with an average annual temperature of 39°F. Winters average 11°F in January while summers reach 64°F in July. Annual precipitation totals 42.8 inches. Air quality is rated Good with a median AQI of 31.
Canaan has a population of 305 with a density of 194 people per square mile. The median age is 51.7 years, 33% older than the national median of 38.9. The city is predominantly White (98.4%).
Population
51.7yrs
Median Age
33% above US avg
Language Spoken at Home
| English Only | 77.9% |
| 1% below US avg |
| Spanish | 22.1% |
| 65% above US avg |
The median household income in Canaan is $56,250, which is 25% below the national average of $75,149. The unemployment rate is 8.4% (above the 3.6% US average). 8.9% of residents live below the poverty line. Workers commute an average of 20 minutes.
Income
| Median HH Income | $56,250 |
| 25% below US avg |
| Per Capita Income | $29,869 |
| Avg Weekly Wage | $955 |
| IRS Avg AGI | $51,928 |
Employment & Poverty
| Unemployment | 8.4% |
| 133% above US avg |
| Poverty Rate | 8.9% |
| 29% below US avg |
| Establishments (County) | 180 |
| County GDP | $183M |
Business (County)
| Restaurants | 12 |
| Healthcare | 10 |
| Retail | 8 |
| Manufacturing | 7 |
Tax & Cost of Living
| Property Tax (IRS) | $6,350 |
| 81% above US avg |
| Effective Tax Rate | 5.38% |
Commute & Transportation
| Commute Time | 20.1 min |
| Drive Alone | 86.6% |
| Public Transit | 0.0% |
| Work from Home | 0.0% |
The median home value in Canaan is $118,000, 58% below the national average. Monthly rent averages $742 (36% below US avg). Zillow estimates the typical home value at $192,138.
Home Values
| Census Median | $118,000 |
| 58% below US avg |
| Zillow ZHVI | $192,138 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $742 |
| 36% below US avg |
| Rent Burden | 28.6% |
HUD Fair Market Rent
| Studio | $1,124 |
| 1 Bedroom | $1,203 |
| 2 Bedrooms | $1,487 |
| 3 Bedrooms | $1,922 |
| 4 Bedrooms | $2,111 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $6,350 |
| 81% above US avg |
| Effective Rate | 5.38% |
In Canaan, 33.5% of adults are obese (above the 32.1% national rate). 28.9% report depression. 22.8% are physically inactive.
Health Metrics: Canaan vs U.S. Average (%)
Chronic Conditions
| Obesity | 33.5% |
| 4% above US avg |
| Diabetes | 8.3% |
| Heart Disease | 6.0% |
| High Blood Pressure | 29.7% |
| Asthma | 11.8% |
| COPD | 7.1% |
| Stroke | 3.2% |
Behaviors & Mental Health
| |
| Binge Drinking | 19.2% |
| Physical Inactivity | 22.8% |
| Depression | 28.9% |
| Mental Distress | 19.8% |
| Physical Distress | 14.0% |
Healthcare Access
| Insurance Rate | 100.0% |
| |
| Checkup Rate | 72.3% |
| Premature Death | 9,787/100K |
Food & Exercise
| Food Environment | 7.3/10 |
| Exercise Access | 31.6% |
| Healthcare Facilities | 10 |
Crime Rates: Canaan vs U.S. Average (per 100,000)
Canaan has an average annual temperature of 39°F (4°C). Winters average 11°F in January while summers reach 64°F in July. Annual precipitation is 42.8 inches. Air quality is rated Good with a median AQI of 31.
Temperature
11°F Jan (-12°C)
64°F Jul (18°C)
| Annual Average | 39.2°F |
| 27% below US avg |
| January Average | 11°F (-12°C) |
| July Average | 64°F (18°C) |
Precipitation & Snow
| Annual Rainfall | 42.8 inches |
| 13% above US avg |
Air Quality
| AQI Median | 31.0 |
| Rating | Good |
Geography
| Elevation | 1,339 ft (408 m) |
| Area | 1.6 sq mi (4.1 km²) |
| Population Density | 194/sq mi |
| Coordinates | 45.0067°N, 71.5271°W |
| County FIPS | 50009 |