Canaan, IN
Population 205 · Indiana
About Canaan, IN
Canaan is a small community in Indiana with a population of 205 residents. The median household income is $0 per year, which is below the national average. The median age in Canaan is 49 years.
Housing in Canaan has a median home value of $157,400 and median monthly rent of $0. Of the 54 total housing units, the majority are owner-occupied, with 54 owner-occupied and 0 renter-occupied units.
The unemployment rate in Canaan is 0.0% and the poverty rate is 3.9%. 0.0% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
Cost of Living in Canaan, IN
Compared to national averages, Canaan has a median household income of $0 (100% below the national median of $75,149). Home values average $157,400, which is 36% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Canaan's income is 100% below the state average of $69,330, and home values are 4% below the state median of $163,409.
Why Live in Canaan, IN?
Canaan offers affordable housing with a median home value of $157,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 3.9%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) 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 205 with a median age of 49 years. Compare Canaan with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Canaan
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Little York | 205 | $61,667 | $123,800 | Compare |
| Decker | 204 | $47,188 | $41,900 | Compare |
| New Lebanon | 206 | $109,076 | $140,800 | Compare |
| St. Anthony | 204 | $0 | $0 | Compare |
| Schneider | 207 | $67,083 | $154,500 | Compare |
| Abington | 208 | $73,371 | $0 | Compare |
| Country Club Heights | 208 | $123,250 | $246,500 | Compare |
| Fowlerton | 202 | $51,250 | $93,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Canaan With Other Cities
Frequently Asked Questions about Canaan
What is the population of Canaan, IN?
The population of Canaan, IN is 205 according to the latest Census data.
What is the median household income in Canaan?
The median household income in Canaan, IN is $0 per year.
What is the median home value in Canaan?
The median home value in Canaan, IN is $157,400.
What is the average rent in Canaan?
The median monthly rent in Canaan, IN is $0.
What is the unemployment rate in Canaan?
The unemployment rate in Canaan, IN is 0.0%.