Canton, OK
Population 503 · Oklahoma
About Canton, OK
Canton is a small community located in Oklahoma with a population of 503 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,818 per year, which is 18% below the national median of $75,149. The median age of 27 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Canton features a median home value of $69,700, which is 72% 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 $773, 34% below the national average of $1,163/month. Of the 268 total housing units, 73% are owner-occupied (131 units) and 27% are renter-occupied (49 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Canton shows an unemployment rate of 16.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Canton have an average one-way commute time of 13.6 minutes, one of the shorter commutes in the region.
Education & Demographics
20.2% of 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 5.6% White, 21.3% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 2.2% of the population being foreign-born.
Cost of Living in Canton, OK
Compared to national averages, Canton has a median household income of $61,818 (18% below the national median of $75,149). Home values average $69,700, which is 72% below the national median. Monthly rent at $773 is 34% below the US average of $1,163. Within Oklahoma, Canton's income is 10% above the state average of $56,382, and home values are 42% below the state median of $119,992.
Why Live in Canton, OK?
Canton offers affordable housing with a median home value of $69,700, below the US average of $244,900, and rent that’s lower than the national average at $773/month, and a low poverty rate of 6.2%, better than the national average. Additionally, the city features short commute times averaging just 13.6 minutes.
Potential considerations include median household income ($61,818) 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 503 with a median age of 27 years. Compare Canton with other cities to see how it stacks up, or explore all cities in Oklahoma.
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Cities in Oklahoma with a similar population size.
Demographics
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Economy & Education
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Other Cities in Oklahoma
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, OK?
The population of Canton, OK is 503 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Oklahoma.
What is the median household income in Canton?
The median household income in Canton, OK is $61,818 per year, which is 18% below the national median of $75,149.
What is the median home value in Canton?
The median home value in Canton, OK is $69,700, which is 72% 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, OK is $773, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Canton?
The unemployment rate in Canton, OK is 16.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Canton, OK a good place to live?
Canton offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 503 and a median age of 27, the city appeals to young professionals and families.
How educated is Canton, OK?
20.2% 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, OK: median home value is $69,700 (72% below national), median rent is $773/month, and median household income is $61,818. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Canton?
The poverty rate in Canton, OK is 6.2%, 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, OK?
Canton's population is 5.6% White, 21.3% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 0.0% two or more races. 2.2% of residents are foreign-born.