Connecticut · Census place 10870
Canaan CDP, CT
Quick answer
Canaan CDP has 1,297 residents, ranking #147 of 215 places in Connecticut. Median household income is $31,986, the median home is worth $170,700 and median gross rent runs $1,321 a month.
- Population
- 1,297Canaan CDP residents
- Median household income
- $31,986Past 12 months, inflation adjusted
- Median home value
- $170,700Owner-occupied units
- Median gross rent
- $1,321Rent plus utilities, monthly
- Median age
- 39.6 yrsAll residents
- Homeownership rate
- 60.6%Owner-occupied households
What the numbers mean in Canaan CDP
Housing cost measured against local earnings.
A household earning the Canaan CDP median would spend about 49.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 5.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 34.5% of residents and 60.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Connecticut.
- Canton Valley CDP 1,364
- Darien Downtown CDP 1,329
- Lakes West CDP 1,308
- Lakes East CDP 1,295
- South Woodstock CDP 1,294
- Litchfield borough 1,274
- Baltic CDP 1,266
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