Living in Canton, Minnesota
Cost of living, income, home prices, rent and demographics of Canton · Census data 2020–2024
Canton has 398 residents with a median age of 38.5. The median household income is $53,056 (40% lower than the Minnesota median), the median home value is $93,200, the median rent is $610/month.
Canton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Canton at a glance
- Population
- 398
- Median age
- 38.5State: 38.8
- Median household income
- $53,056State: $89,062
- Median home value
- $93,200State: $329,300
- Median rent
- $610/moState: $1,280
- Homeowners
- 83.7%
- Bachelor's degree or higher
- 14.8%
- Average commute
- 27 min
Is Canton a good place to live?
Pros: Home values 72% lower than the state median.
Cons: Median household income 40% lower than the Minnesota median; an average commute of 27 minutes; unemployment of 5.5%; a poverty rate of 19.3%.
The weather is best in June to September.
Cost of living in Canton
Housing is the biggest part of the cost of living. In Canton the median home value is $93,200, 72% lower than the U.S. median. Renters pay a median of $610 per month, which is 18.8% of household income. Homeowners with a mortgage pay $930 a month in housing costs.
Canton median household income
The median household income in Canton is $53,056 and the income per person is $29,194. 19.3% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Canton: homes for sale and rent
- Housing units
- 179
- Owner-occupied
- 83.7%
- Renter-occupied
- 16.3%
- Vacant
- 0.6%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.24
Canton demographics
- Population
- 398
- Median age
- 38.5
- Under 18
- 31.7%
- 65 and older
- 11.1%
- Households
- 178
- Foreign-born
- 2.5%
- Veterans
- 11.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Canton ›
Education in Canton
14.8% of adults 25 and older in Canton have a bachelor's degree or higher (Minnesota: 39.4%), and 4.3% have a graduate or professional degree.
Jobs and commute in Canton
- Unemployment rate
- 5.5%State: 4.1%
- Average commute
- 27 minState: 23 min
- Work from home
- 12.2%
- Drive alone
- 78%
- Public transit
- 0.5%
- Walk to work
- 0%
- Homes with broadband
- 91.6%
Canton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Canton | 398 | $53,056 | $93,200 | $610 |
| Harmony | 1,024 | $68,125 | $170,100 | $742 |
| Burr Oak | 225 | $56,250 | $142,500 | $1,208 |
| Mabel | 730 | $59,392 | $131,400 | $729 |
| Preston | 1,362 | $63,984 | $185,900 | $769 |
| Lanesboro | 744 | $75,313 | $213,200 | $518 |
| Cresco | 3,908 | $60,608 | $117,200 | $715 |
| Spring Grove | 1,177 | $59,625 | $156,000 | $978 |
| Ridgeway | 315 | $61,607 | $152,100 | $650 |
More for people moving to Canton
Canton ZIP code ›Weather and climate ›Living in Canton: FAQ
What is the median household income in Canton, MN?
The median household income in Canton is $53,056, 40% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Canton?
The median home value in Canton is $93,200, compared with $329,300 in Minnesota.
How much is rent in Canton?
The median gross rent in Canton is $610 per month, about 18.8% of household income.
Is Canton, MN a good place to live?
Pluses: home values 72% lower than the state median. Minuses: median household income 40% lower than the Minnesota median; an average commute of 27 minutes; unemployment of 5.5%; a poverty rate of 19.3%.
What is the median age in Canton?
The median age in Canton is 38.5 years (Minnesota: 38.8).
How long is the commute in Canton?
The average commute to work in Canton is 27 minutes; 12.2% of workers work from home.
What is the unemployment rate in Canton?
The unemployment rate in Canton is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Canton?
14.8% of adults in Canton 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.
Last updated: