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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 Rate5.4%
Poverty Rate3.3%
Gini Coefficient0.546
Cost of Living Index103.6

Commute

Mean Commute38 minutes
Drive Alone43.9%
Public Transit13.8%
Work From Home26.9%

Businesses

Total Establishments33,324
Restaurants1,808
Healthcare2,172
Retail2,360
Manufacturing493

Tax

IRS Avg AGI$242,927
Avg Property Tax$15,715