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Canton

Learn about the people, housing, costs and businesses in Canton, Ohio

Median Home$93,675
Median Rent$828/month
Population69,429
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services15% healthcare
Home Value Growth⬆⬆+17.8% over 2 years
Young Adults35% of residentswell above average
Homeowners50% of occupied units
NotableHighly Educated29% bachelor's · 12% graduate · top 10% nationally
NotableAmenity Score71/100 · highly walkable area
Canton
OH

Frequently Asked Questions

What are today's mortgage rates in Canton?

As of today, the 30-year fixed mortgage rate for Canton is approximately 6.887% (6.923% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Canton?

The median home value in Canton is $94k. The median monthly rent is $828. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Canton?

Home values in Canton have increased 17.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Canton?

Based on a typical all-in ownership cost of $761/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Canton is $43k/year.

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What industries drive the economy in Canton?

The largest employment sectors in Canton are public administration (19%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.