Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Canaan, CT

Comprehensive demographics, housing data, local amenities, and economic statistics for Canaan.

← Back to Canaan Hub

Community Insights

Transit
96/100
excellent transit access
Amenity Score
80/100
highly walkable area
Leading Industries
Transportation · Professional Services · Public Administration
5% transportation
Home Value Growth⬆⬆⬆
+26.4% over 2 years
Family-Friendly
27% of residents
above average nationally
Homeowners
62% of occupied units

People & Demographics

Total Population1,194
Households
Under 18
27.0%
Age 18–34
30.0%
Age 35–64
29.0%
Age 65+
14.0%
Veterans
5.0%
Active Duty
0.0%

Housing & Living

Median Home Value$267,300
Median Gross Rent$1,146/mo
Owner Occupied
61.7%
Renter Occupied
38.3%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$71,976
Poverty Rate

Key Industries

Healthcare7.0%
Professional Services3.0%
Manufacturing0.0%
Retail12.0%
Education1.0%

Amenities & Transit

Transit Score96 / 100
Walkability / Amenities80 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
16.0%
Master's or Higher
3.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Canaan?

The total population of Canaan is approximately 1,194. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Is Canaan walkable and transit-friendly?

Based on local geographic data, Canaan has an amenity and walkability score of 80/100 and a transit score of 96/100. This indicates it is a highly walkable area with excellent access to local businesses, restaurants, and daily errands.

Do more people rent or own homes in Canaan?

The housing market in Canaan is predominantly driven by homeowners, with 62% of housing units being owner-occupied and 38% being renter-occupied.

What is the education level of residents in Canaan?

In Canaan, approximately 16% of adult residents hold a bachelor's degree or higher. Additionally, 3% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.