Canaan, VT
Full City Profile · Vermont · Essex County County
Canaan, VT
At a Glance
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)
Is Canaan a Good Place to Live?
Economy & Jobs
Canaan residents earn a median household income of $56,250 , which is 25% below the national average of $75,149. Per capita income is $29,869. The unemployment rate stands at 12.9% (258% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 180 business establishments, including 12 restaurants.
Housing & Cost of Living
The median home value in Canaan is $118,000 , 58% below the national median of $281,900. Zillow estimates the typical home at $213,122. Median rent is $742/month, with 28.6% of renters spending more than 30% of income on housing. The cost of living index is 98.0 (100 = national average). The median home was built in 1958.
Education
13.0% of adults in Canaan hold a bachelor's degree or higher (61% below the national average). 78.9% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
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 totals 42.6 inches.