Canton, IN
Population 144 · Indiana
About Canton, IN
Canton is a small community located in Indiana with a population of 144 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,000 per year, which is 4% below the national median of $75,149. The median age of 78 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 Canton features a median home value of $122,100, which is 50% below the national median of $244,900. This makes Canton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 58 total housing units, 100% are owner-occupied (58 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Canton shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Canton have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
24.3% of Canton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 16.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Canton, IN
Compared to national averages, Canton has a median household income of $72,000 (4% below the national median of $75,149). Home values average $122,100, which is 50% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Canton's income is 4% above the state average of $69,330, and home values are 25% below the state median of $163,409.
Why Live in Canton, IN?
Canton offers affordable housing with a median home value of $122,100, 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 4.9%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($72,000) that falls below the national average. However, Canton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Canton has a population of 144 with a median age of 78 years. Compare Canton with other cities to see how it stacks up, or explore all cities in Indiana.
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Demographics
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Economy & Education
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Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Canton
What is the population of Canton, IN?
The population of Canton, IN is 144 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Canton?
The median household income in Canton, IN is $72,000 per year, which is 4% below the national median of $75,149.
What is the median home value in Canton?
The median home value in Canton, IN is $122,100, which is 50% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Canton?
The median monthly rent in Canton, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Canton?
The unemployment rate in Canton, IN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Canton, IN a good place to live?
Canton offers a moderate cost of living, affordable housing, and a strong job market. With a population of 144 and a median age of 78, the city appeals to established professionals and retirees.
How educated is Canton, IN?
24.3% of residents in 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 Canton?
Key cost-of-living indicators for Canton, IN: median home value is $122,100 (50% below national), median rent is $0/month, and median household income is $72,000. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Canton?
The poverty rate in Canton, IN is 4.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Canton, IN?
Canton's population is 0.0% White, 16.0% 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.