Canal Point, FL
Population 244 · Florida
About Canal Point, FL
Canal Point is a small community in Florida with a population of 244 residents. The median household income is $106,905 per year, which is above the national average. The median age in Canal Point is 31.6 years.
Housing in Canal Point has a median home value of $0 and median monthly rent of $1,425. Of the 132 total housing units, renting is more common than owning, with 30 owner-occupied and 56 renter-occupied units.
The unemployment rate in Canal Point is 0.0% and the poverty rate is 30.7%. 37.6% of residents hold a bachelor's degree or higher. The average commute time is 21.4 minutes.
Cost of Living in Canal Point, FL
Compared to national averages, Canal Point has a median household income of $106,905 (42% above the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $1,425 is 23% above the US average of $1,163. Within Florida, Canal Point's income is 41% above the state average of $75,893, and home values are 100% below the state median of $353,675.
Why Live in Canal Point, FL?
Canal Point offers a strong local economy with a median household income of $106,905, well above the national average, and affordable housing with a median home value of $0, below the US average of $244,900, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 37.6% of residents hold a bachelor’s degree or higher, and short commute times averaging just 21.4 minutes.
Canal Point has a population of 244 with a median age of 31.6 years. Compare Canal Point with other cities to see how it stacks up, or explore all cities in Florida.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Canal Point
What is the population of Canal Point, FL?
The population of Canal Point, FL is 244 according to the latest Census data.
What is the median household income in Canal Point?
The median household income in Canal Point, FL is $106,905 per year.
What is the median home value in Canal Point?
The median home value in Canal Point, FL is $0.
What is the average rent in Canal Point?
The median monthly rent in Canal Point, FL is $1,425.
What is the unemployment rate in Canal Point?
The unemployment rate in Canal Point, FL is 0.0%.