New Canaan, CT
Full City Profile · Connecticut · Western Connecticut Planning Region County
3.5
/5.0
B+
Good
7,032
Population
4,537/sq mi density
$163,355
Median Income
$110,986 per capita
$1,115,600
Home Value
$2,042,076 Zillow
$3,501
Median Rent
30.2% income on rent
50°F
Avg Temperature
275 sunny days/yr
10
Violent Crime/100K
498 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$163,355 median income, 5.4% unemployment
C+
Affordability
2.8 / 5.0
$1,115,600 home value, $3,501/mo rent
D
Safety
1.8 / 5.0
10 violent crimes/100K
A+
Education
5.0 / 5.0
76.6% bachelor's degree or higher
Income Overview
Median Household Income
$163,355
117% above
US avg: $75,149
Per Capita Income
$110,986
184% above
US avg: $39,052
Unemployment Rate
5.4%
50% above
US avg: 3.6%
Poverty Rate
3.3%
73% below
US avg: 12.4%
Income Comparison: New Canaan vs. U.S. Average
Each bar shows New Canaan’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$163,355
217%
Per Capita
US: $39,052
$110,986
284%
IRS Avg AGI
US: $72,000
$242,927
337%
Avg Weekly Wage
US: $1,432
$2,482
173%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$2,482
73% above US avg ($1,432)
Mean Commute Time
38 min
37% above US avg (28 min)
Work From Home
26.9%
77% above US avg (15.2%)
Drive Alone
43.9%
40% below US avg (73.2%)
Public Transit
13.8%
176% above US avg (5.0%)
County GDP
$76,344M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
43.9%
Public Transit
13.8%
Work From Home
26.9%
Other
15.4%
Average commute time
38 minutes
US avg: 28 min
Business Landscape
Total Establishments
33,324
Restaurants
1,808
Healthcare
2,172
Retail
2,360
Manufacturing
493
Tax & Financial
IRS Avg Adjusted Gross Income
$242,927
237% above US avg ($72,000)
Avg Property Tax
$15,715
349% above US avg ($3,500)
Cost of Living Index
103.6
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $163,355 |
| Per Capita Income | $110,986 |
| IRS Avg Adjusted Gross Income | $242,927 |
| Avg Weekly Wage | $2,482 |
| County GDP | $76,344M |
Hardship Indicators
| Unemployment Rate | 5.4% |
| Poverty Rate | 3.3% |
| Gini Coefficient | 0.546 |
| Cost of Living Index | 103.6 |
Commute
| Mean Commute | 38 minutes |
| Drive Alone | 43.9% |
| Public Transit | 13.8% |
| Work From Home | 26.9% |
Businesses
| Total Establishments | 33,324 |
| Restaurants | 1,808 |
| Healthcare | 2,172 |
| Retail | 2,360 |
| Manufacturing | 493 |
Tax
| IRS Avg AGI | $242,927 |
| Avg Property Tax | $15,715 |
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