Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.1 yrs |
|---|---|
| Avg HH Size | 2.35 |
| Below Poverty | 21.4% ▲ 114% above avg |
| College Grads | 44.1% ▲ 14% above avg |
| Unemployment | 9.3% ▲ 91% above avg |
| No HS Diploma | 9 (0.6%) |
| HS Graduate | 374 (23.6%) |
| Some College | 158 (10%) |
| Associates | 344 (21.7%) |
| Bachelors | 281 (17.7%) |
| Graduate Degree | 418 (26.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $56,328 ▼ 26% below avg |
|---|---|
| Median Home Value | $256,800 ▼ 8% below avg |
| Home/Income Ratio | 4.6x (nat avg ~3.5x) |
| Median Rent | $1,270/mo |
| Total Housing Units | 1,240 |
| Vacant Units | 165 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Canaan is a city in Connecticut, located in Northwest Hills County. The city spans 1 ZIP code and is home to approximately 2,630 residents. It is a middle-aged city, with a median age of 40.1 years.
Economically, Canaan is a solidly middle-class community. The median household income of $56,328 is below the national average. Approximately 21.4% of residents live below the poverty line. The unemployment rate is 9.3%, significantly above the national average.
The real estate market in Canaan is a mid-range housing market. Median home values stand at $256,800, which is near the national average. Renters typically pay around $1,270 per month.
The population of Canaan is well-educated. 44.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (80.87%).
Canaan, CT offers residents a cost-conscious lifestyle within Connecticut.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 06018 | 2,630 | $56,328 | $256,800 | $1,270 | 9.3% | 44.1% | 59.0% |