Living in Canal Point, Florida
Cost of living, income, home prices, rent and demographics of Canal Point · Census data 2020–2024
Canal Point has 207 residents with a median age of 31.3. The median household income is $111,719 (50% higher than the Florida median), the median rent is $1,431/month.
Canal Point is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Canal Point at a glance
- Population
- 207
- Median age
- 31.3State: 42.6
- Median household income
- $111,719State: $74,568
- Median rent
- $1,431/moState: $1,669
- Homeowners
- 21.6%
- Bachelor's degree or higher
- 47.1%
- Average commute
- 19 min
Is Canal Point a good place to live?
Pros: Median household income 50% higher than the Florida median; an average commute of 19 minutes.
Cons: A poverty rate of 34.3%.
The weather is best in November to February.
Cost of living in Canal Point
Housing is the biggest part of the cost of living. In Canal Point the median home value is —. Renters pay a median of $1,431 per month, which is 14.4% of household income. Homeowners with a mortgage pay — a month in housing costs.
Canal Point median household income
The median household income in Canal Point is $111,719 and the income per person is $37,399. 34.3% of residents live below the poverty line (Florida: 12.6%).
Housing in Canal Point: homes for sale and rent
- Housing units
- 117
- Owner-occupied
- 21.6%
- Renter-occupied
- 78.4%
- Vacant
- 36.8%Includes seasonal homes
- Median year built
- 1960
- Average household size
- 2.80
36.8% of homes are vacant most of the year, a sign that Canal Point has many vacation and second homes.
Canal Point demographics
- Population
- 207
- Median age
- 31.3
- Under 18
- 17.9%
- 65 and older
- 0%
- Households
- 74
- Foreign-born
- 47.8%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Canal Point ›
Education in Canal Point
47.1% of adults 25 and older in Canal Point have a bachelor's degree or higher (Florida: 34.1%), and 40.6% have a graduate or professional degree.
Jobs and commute in Canal Point
- Unemployment rate
- 0%State: 4.8%
- Average commute
- 19 minState: 28 min
- Work from home
- 0%
- Drive alone
- 87%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Canal Point vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Canal Point | 207 | $111,719 | — | $1,431 |
| Pahokee | 5,609 | $53,359 | $152,300 | $1,116 |
| Belle Glade | 16,972 | $48,001 | $163,100 | $898 |
| South Bay | 5,102 | $51,417 | $142,300 | $1,085 |
| Indiantown | 6,695 | $55,520 | $204,900 | $923 |
| Clewiston | 7,348 | $57,222 | $239,200 | $763 |
| Westlake | 4,237 | $131,925 | $649,700 | — |
| The Acreage | 40,843 | $109,032 | $524,800 | $1,710 |
| Harlem | 2,420 | $46,038 | $56,200 | $963 |
More for people moving to Canal Point
Canal Point ZIP code ›Weather and climate ›Living in Canal Point: FAQ
What is the median household income in Canal Point, FL?
The median household income in Canal Point is $111,719, 50% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How much is rent in Canal Point?
The median gross rent in Canal Point is $1,431 per month, about 14.4% of household income.
Is Canal Point, FL a good place to live?
Pluses: median household income 50% higher than the Florida median; an average commute of 19 minutes. Minuses: a poverty rate of 34.3%.
What is the median age in Canal Point?
The median age in Canal Point is 31.3 years (Florida: 42.6).
How long is the commute in Canal Point?
The average commute to work in Canal Point is 19 minutes; 0% of workers work from home.
What is the unemployment rate in Canal Point?
The unemployment rate in Canal Point is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Canal Point?
47.1% of adults in Canal Point have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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