New Canton, IL
Population 209 · Illinois
About New Canton, IL
New Canton is a small community located in Illinois with a population of 209 residents according to the latest US Census Bureau American Community Survey data. The median household income is $37,031 per year, which is 51% below the national median of $75,149. The median age of 49.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in New Canton features a median home value of $72,100, which is 71% below the national median of $244,900. This makes New Canton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $525, 55% below the national average of $1,163/month. Of the 136 total housing units, 66% are owner-occupied (69 units) and 34% are renter-occupied (36 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in New Canton shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 21.1%, above the national average of 12.4%. Workers in New Canton have an average one-way commute time of 36.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
4.8% of New Canton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 2.4% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How New Canton Ranks in Illinois
Cost of Living in New Canton, IL
Compared to national averages, New Canton has a median household income of $37,031 (51% below the national median of $75,149). Home values average $72,100, which is 71% below the national median. Monthly rent at $525 is 55% below the US average of $1,163. Within Illinois, New Canton's income is 51% below the state average of $75,072, and home values are 57% below the state median of $165,779.
Why Live in New Canton, IL?
New Canton offers affordable housing with a median home value of $72,100, below the US average of $244,900, and rent that’s lower than the national average at $525/month, and a strong job market with an unemployment rate of just 2.9%.
Potential considerations include median household income ($37,031) that falls below the national average. However, New Canton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Canton has a population of 209 with a median age of 49.2 years. Compare New Canton with other cities to see how it stacks up, or explore all cities in Illinois.
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Economy & Education
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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 New Canton
What is the population of New Canton, IL?
The population of New Canton, IL is 209 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in New Canton?
The median household income in New Canton, IL is $37,031 per year, which is 51% below the national median of $75,149.
What is the median home value in New Canton?
The median home value in New Canton, IL is $72,100, which is 71% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Canton?
The median monthly rent in New Canton, IL is $525, which is 55% below the national average of $1,163/month.
What is the unemployment rate in New Canton?
The unemployment rate in New Canton, IL is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New Canton, IL a good place to live?
New Canton offers a moderate cost of living, affordable housing, and a strong job market. With a population of 209 and a median age of 49.2, the city appeals to established professionals and retirees.
How educated is New Canton, IL?
4.8% of residents in New Canton aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in New Canton?
Key cost-of-living indicators for New Canton, IL: median home value is $72,100 (71% below national), median rent is $525/month, and median household income is $37,031. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Canton?
The poverty rate in New Canton, IL is 21.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is New Canton, IL?
New Canton's population is 2.4% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.