Canaan, VT
Full City Profile · Vermont · Essex County County
3.3
/5.0
B
Good
305
Population
194/sq mi density
$56,250
Median Income
$29,869 per capita
$118,000
Home Value
$213,122 Zillow
$742
Median Rent
28.6% income on rent
39°F
Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$56,250 median income, 12.9% unemployment
A+
Affordability
5.0 / 5.0
$118,000 home value, $742/mo rent
C
Education
2.0 / 5.0
13.0% bachelor's degree or higher
Income Overview
Median Household Income
$56,250
25% below
US avg: $75,149
Per Capita Income
$29,869
24% below
US avg: $39,052
Unemployment Rate
12.9%
258% above
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Canaan vs. U.S. Average
Each bar shows Canaan’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$56,250
75%
Per Capita
US: $39,052
$29,869
76%
IRS Avg AGI
US: $72,000
$51,928
72%
Avg Weekly Wage
US: $1,432
$955
67%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$955
33% below US avg ($1,432)
Mean Commute Time
20 min
27% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
86.6%
18% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$183M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
86.6%
Public Transit
0%
Work From Home
0%
Other
13.4%
Average commute time
20 minutes
US avg: 28 min
Business Landscape
Total Establishments
180
Restaurants
12
Healthcare
10
Retail
8
Manufacturing
7
Tax & Financial
IRS Avg Adjusted Gross Income
$51,928
28% below US avg ($72,000)
Avg Property Tax
$6,350
81% above US avg ($3,500)
Cost of Living Index
98.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $56,250 |
| Per Capita Income | $29,869 |
| IRS Avg Adjusted Gross Income | $51,928 |
| Avg Weekly Wage | $955 |
| County GDP | $183M |
Hardship Indicators
| Unemployment Rate | 12.9% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.443 |
| Cost of Living Index | 98.0 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 86.6% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 180 |
| Restaurants | 12 |
| Healthcare | 10 |
| Retail | 8 |
| Manufacturing | 7 |
Tax
| IRS Avg AGI | $51,928 |
| Avg Property Tax | $6,350 |