Canaan, CT population, income and ZIP codes

Canaan CDP is a small town in Connecticut, with 1,297 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #147 of 215 ranked by population — larger than 31% of them. The median age here is 39.6 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Canaan CDP earn a median of $31,986 a year, 59.3% below the national figure of $78,538 and 67% below the $96,484 median for the 159 Connecticut cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 34.5% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Canaan CDP is valued at $170,700, 43.7% below the national figure and 50% below the $344,200 peer median, while median gross rent runs $1,321 a month, 6% below the national figure, or roughly $15,852 across a full year. A household on the local median income would put about 49.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is severely stretched — a median-income renter clears the cost-burden line by a wide margin before utilities beyond the gross-rent definition. The home-price-to-income ratio works out to 5.3×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 60.6% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.