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Canton Valley

Learn about the people, housing, costs and businesses in Canton Valley, Connecticut

Median Home$385,981
Median Rent$1,358/month
Population1,612
Leading IndustriesProfessional Services · Healthcare · Transportation4% professional services
Home Value Growth⬆⬆+19.4% over 2 years
Retirees24% of residentsslightly above average
Homeowners82% of occupied units
NotableHigh Incomes$123k/year · top 8% nationally
NotableAmenity Score73/100 · highly walkable area
Canton Valley
CT

Frequently Asked Questions

What are today's mortgage rates in Canton Valley?

As of today, the 30-year fixed mortgage rate for Canton Valley is approximately 6.869% (6.904% 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 Valley?

The median home value in Canton Valley is $386k. The median monthly rent is $1,358. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Canton Valley?

Home values in Canton Valley have increased 19.4% 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 Valley?

Based on a typical all-in ownership cost of $2,029/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $87k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Canton Valley is $123k/year.

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What industries drive the economy in Canton Valley?

The largest employment sectors in Canton Valley are public administration (21%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.