Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 52.5 yrs |
|---|---|
| Avg HH Size | 2.03 |
| Below Poverty | 10.1% ≈ Avg |
| College Grads | 30.3% ▼ 22% below avg |
| Unemployment | 5.1% ≈ Avg |
| No HS Diploma | 4 (0.8%) |
| HS Graduate | 219 (43.7%) |
| Some College | 38 (7.6%) |
| Associates | 88 (17.6%) |
| Bachelors | 83 (16.6%) |
| Graduate Degree | 69 (13.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $60,300 ▼ 21% below avg |
|---|---|
| Median Home Value | $165,100 ▼ 41% below avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $733/mo |
| Total Housing Units | 577 |
| Vacant Units | 225 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Canaan is a city in Vermont, located in Essex County. The city spans 1 ZIP code and is home to approximately 714 residents. It is a mature city, with a median age of 52.5 years.
Economically, Canaan is a solidly middle-class community. The median household income of $60,300 is below the national average. Approximately 10.1% of residents live below the poverty line. The unemployment rate is 5.1%, near the national average.
The real estate market in Canaan is an affordable housing market. Median home values stand at $165,100, which is below the national average. Renters typically pay around $733 per month. Homeownership is high at 89.5%, typical of suburban and family-oriented communities.
The population of Canaan is moderately educated. 30.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (98.46%).
Canaan, VT offers residents a cost-conscious lifestyle within Vermont.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 05903 | 714 | $60,300 | $165,100 | $733 | 5.1% | 30.3% | 89.5% |