Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.5 yrs |
|---|---|
| Avg HH Size | 2.94 |
| Below Poverty | 3.3% ▼ 67% below avg |
| College Grads | 85.6% ▲ 121% above avg |
| Unemployment | 4.8% ≈ Avg |
| No HS Diploma | 42 (0.3%) |
| HS Graduate | 834 (6.4%) |
| Some College | 369 (2.8%) |
| Associates | 624 (4.8%) |
| Bachelors | 300 (2.3%) |
| Graduate Degree | 10,824 (83.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $250,001 ▲ 228% above avg |
|---|---|
| Median Home Value | $1,534,100 ▲ 450% above avg |
| Home/Income Ratio | 6.1x (nat avg ~3.5x) |
| Median Rent | $3,501/mo |
| Total Housing Units | 7,668 |
| Vacant Units | 647 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Canaan is a city in Connecticut, located in Western Connecticut County. The city spans 1 ZIP code and is home to approximately 20,704 residents. It is a middle-aged city, with a median age of 42.5 years.
Economically, New Canaan is a affluent community. The median household income of $250,001 is more than double the national average. Approximately 3.3% of residents live below the poverty line. The unemployment rate is 4.8%, near the national average.
The real estate market in New Canaan is among the most expensive housing markets in the country. Median home values stand at $1,534,100, which is more than double the national average. Renters typically pay around $3,501 per month. Homeownership is high at 83.6%, typical of suburban and family-oriented communities.
The population of New Canaan is highly educated. 85.6% of adults hold a bachelor's degree or higher — more than double the national average. The community is primarily White (82.97%).
New Canaan, CT offers residents above-average earning potential within Connecticut.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 06840 | 20,704 | $250,001 | $1,534,100 | $3,501 | 4.8% | 85.6% | 83.6% |