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US City Data

Canaan, CT

Population 1,297 · Connecticut

Population
1,297
Median Income
$31,986
Median Home Value
$170,700
Median Rent
$1,321/mo

About Canaan, CT

Canaan is a small community in Connecticut with a population of 1,297 residents. The median household income is $31,986 per year, which is below the national average. The median age in Canaan is 39.6 years.

Housing in Canaan has a median home value of $170,700 and median monthly rent of $1,321. Of the 657 total housing units, the majority are owner-occupied, with 350 owner-occupied and 228 renter-occupied units.

The unemployment rate in Canaan is 12.0% and the poverty rate is 34.5%. 23.0% of residents hold a bachelor's degree or higher. The average commute time is 17.1 minutes.

How Canaan Ranks in Connecticut

Most Affordable Cities
#2
of 50 cities · $170,700

Cost of Living in Canaan, CT

Compared to national averages, Canaan has a median household income of $31,986 (57% below the national median of $75,149). Home values average $170,700, which is 30% below the national median. Monthly rent at $1,321 is 14% above the US average of $1,163. Within Connecticut, Canaan's income is 74% below the state average of $123,065, and home values are 67% below the state median of $516,920.

Income vs National
$31,986
National: $75,149
Connecticut: $123,065
Home Value vs National
$170,700
National: $244,900
Connecticut: $516,920
Rent vs National
$1,321
National: $1,163
Connecticut: $1,680
Unemployment vs National
12%
National: 3.7%
Connecticut: 6.1%

Why Live in Canaan, CT?

Canaan offers affordable housing with a median home value of $170,700, below the US average of $244,900, and short commute times averaging just 17.1 minutes.

Potential considerations include median household income ($31,986) that falls below the national average. However, Canaan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.

Canaan has a population of 1,297 with a median age of 39.6 years. Compare Canaan with other cities to see how it stacks up, or explore all cities in Connecticut.

Similar Cities Near Canaan

Cities in Connecticut with a similar population size.

CityPopulationMedian IncomeHome Value
Lakes East1,295$211,728$563,900Compare
South Woodstock1,294$88,182$248,500Compare
Lakes West1,308$244,286$693,200Compare
Litchfield1,274$107,024$378,900Compare
Baltic1,266$89,907$202,000Compare
Darien Downtown1,329$166,111$908,200Compare
Canton Valley1,364$88,028$354,900Compare
Wauregan1,209$90,625$240,400Compare

Demographics

39.6
Median Age
697
Male
600
Female
12.3%
Foreign Born

Racial & Ethnic Composition

White22.8Hispanic/Latino0.7Black0Asian3.8Two or More0

Economy & Education

12%
Unemployment Rate
34.5%
Poverty Rate
23%
Bachelor's Degree+
17.1 min
Avg Commute

Housing

657
Total Housing Units
350
Owner Occupied
228
Renter Occupied

Other Cities in Connecticut

Long Hill Cdp Southeastern Connecticut County ConnecticutLong Hill Cdp Greater Bridgeport County ConnecticutMilford City Balance ConnecticutNew CanaanAnsoniaBall Pond

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Canaan With Other Cities

Canaan vs Long Hill Cdp Southeastern Connecticut County ConnecticutCanaan vs Long Hill Cdp Greater Bridgeport County ConnecticutCanaan vs Milford City Balance ConnecticutCanaan vs New Canaan

Frequently Asked Questions about Canaan

What is the population of Canaan, CT?

The population of Canaan, CT is 1,297 according to the latest Census data.

What is the median household income in Canaan?

The median household income in Canaan, CT is $31,986 per year.

What is the median home value in Canaan?

The median home value in Canaan, CT is $170,700.

What is the average rent in Canaan?

The median monthly rent in Canaan, CT is $1,321.

What is the unemployment rate in Canaan?

The unemployment rate in Canaan, CT is 12.0%.

Explore More

Cost of Living in ConnecticutMost Populated Cities in ConnecticutCheapest Cities in ConnecticutHighest Income Cities in ConnecticutLowest Rent in ConnecticutBest Cities for FamiliesBest Cities for Young ProfessionalsBest Cities for RetireesGuide: Cost Of LivingGuide: Moving GuideCanaan vs AnsoniaCanaan vs Ball PondCanaan vs Baltic