Canaan, CT
Population 1,297 · Connecticut
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
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.
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.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lakes East | 1,295 | $211,728 | $563,900 | Compare |
| South Woodstock | 1,294 | $88,182 | $248,500 | Compare |
| Lakes West | 1,308 | $244,286 | $693,200 | Compare |
| Litchfield | 1,274 | $107,024 | $378,900 | Compare |
| Baltic | 1,266 | $89,907 | $202,000 | Compare |
| Darien Downtown | 1,329 | $166,111 | $908,200 | Compare |
| Canton Valley | 1,364 | $88,028 | $354,900 | Compare |
| Wauregan | 1,209 | $90,625 | $240,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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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%.