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Canal Point, FL

Full City Profile · Florida · Palm Beach County County

3.5 /5.0
B+ Good
244 Population 176/sq mi density
$106,905 Median Income $36,957 per capita
$1,425 Median Rent 14.8% income on rent
76°F Avg Temperature 330 sunny days/yr
1,231 Violent Crime/100K 2,712 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$106,905 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
F
Safety
1.0 / 5.0
1,231 violent crimes/100K (224% above avg)
A
Education
4.0 / 5.0
37.6% bachelor's degree or higher

Housing Overview

Median Rent
$1,425/mo
23% above
US avg: $1,163/mo
Homeownership Rate
34.9%
47% below US avg (65.4%)
Total Housing Units
158
Median year built: 1971

Home Value by Source

Zillow (ZHVI)
$196,003
Median Sale Price
$305,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

34.9%
Owner-Occupied
65.1%
Renter-Occupied
35%
65%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,425/mo

Market Indicators (Redfin)

Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$217

Affordability & Housing Stock

Rent Burden
14.8%
of renters spending 30%+ of income on housing
52% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
34.9%

Complete Housing Data

Home Values

Zillow Home Value (ZHVI)$196,003
Median Sale Price$305,000
Price Per Sq Ft$217

Rent

Census Median Rent$1,425
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market54
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$217

Ownership & Stock

Owner-Occupied34.9%
Renter-Occupied65.1%
Homeownership Rate34.9%
Total Housing Units158
Median Year Built1971
Rent Burden14.8%