Canaan, VT
Population 305 · Vermont
About Canaan, VT
Canaan is a small community in Vermont with a population of 305 residents. The median household income is $56,250 per year, which is near the national average. The median age in Canaan is 51.7 years.
Housing in Canaan has a median home value of $118,000 and median monthly rent of $742. Of the 160 total housing units, the majority are owner-occupied, with 104 owner-occupied and 36 renter-occupied units.
The unemployment rate in Canaan is 12.9% and the poverty rate is 8.9%. 13.0% of residents hold a bachelor's degree or higher. The average commute time is 20.1 minutes.
How Canaan Ranks in Vermont
Cost of Living in Canaan, VT
Compared to national averages, Canaan has a median household income of $56,250 (25% below the national median of $75,149). Home values average $118,000, which is 52% below the national median. Monthly rent at $742 is 36% below the US average of $1,163. Within Vermont, Canaan's income is 23% below the state average of $72,974, and home values are 54% below the state median of $255,863.
Why Live in Canaan, VT?
Canaan offers affordable housing with a median home value of $118,000, below the US average of $244,900, and rent that’s lower than the national average at $742/month, and a low poverty rate of 8.9%, better than the national average. Additionally, the city features short commute times averaging just 20.1 minutes.
Potential considerations include median household income ($56,250) 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 305 with a median age of 51.7 years. Compare Canaan with other cities to see how it stacks up, or explore all cities in Vermont.
Similar Cities Near Canaan
Cities in Vermont with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pawlet | 306 | $53,000 | $275,000 | Compare |
| Greensboro Bend | 308 | $88,281 | $244,800 | Compare |
| Proctorsville | 309 | $64,167 | $225,000 | Compare |
| West Pawlet | 301 | $0 | $119,900 | Compare |
| Readsboro | 299 | $43,472 | $160,400 | Compare |
| East Dorset | 297 | $0 | $0 | Compare |
| Quechee | 297 | $0 | $324,700 | Compare |
| Cavendish | 316 | $117,500 | $246,200 | Compare |
Demographics
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Economy & Education
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Other Cities in Vermont
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Canaan
What is the population of Canaan, VT?
The population of Canaan, VT is 305 according to the latest Census data.
What is the median household income in Canaan?
The median household income in Canaan, VT is $56,250 per year.
What is the median home value in Canaan?
The median home value in Canaan, VT is $118,000.
What is the average rent in Canaan?
The median monthly rent in Canaan, VT is $742.
What is the unemployment rate in Canaan?
The unemployment rate in Canaan, VT is 12.9%.