Living in Canaan, Pennsylvania
Cost of living, income, home prices, rent and demographics of Canaan · Census data 2020–2024
Canaan has 3,453 residents with a median age of 40. The median household income is $73,036 (6% lower than the Pennsylvania median), the median home value is $276,300, the median rent is $850/month.
Canaan at a glance
- Population
- 3,453
- Median age
- 40State: 40.9
- Median household income
- $73,036State: $77,971
- Median home value
- $276,300State: $254,500
- Median rent
- $850/moState: $1,209
- Homeowners
- 74.9%
- Bachelor's degree or higher
- 7%
- Average commute
- 28 min
Is Canaan a good place to live?
Pros: Unemployment of 1.6%.
Cons: Median household income 6% lower than the Pennsylvania median; home values 9% higher than the state median; an average commute of 28 minutes; a poverty rate of 12.5%.
The weather is best in June to September.
Cost of living in Canaan
Housing is the biggest part of the cost of living. In Canaan the median home value is $276,300, 17% lower than the U.S. median. Renters pay a median of $850 per month, which is 22.5% of household income. Homeowners with a mortgage pay $1,734 a month in housing costs.
Canaan median household income
The median household income in Canaan is $73,036 and the income per person is $13,246. 12.5% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Canaan: homes for sale and rent
- Housing units
- 405
- Owner-occupied
- 74.9%
- Renter-occupied
- 25.1%
- Vacant
- 12.6%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.56
Canaan demographics
- Population
- 3,453
- Median age
- 40
- Under 18
- 5.9%
- 65 and older
- 8.4%
- Households
- 354
- Foreign-born
- 3.7%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Canaan ›
Education in Canaan
7% of adults 25 and older in Canaan have a bachelor's degree or higher (Pennsylvania: 35.2%), and 2.6% have a graduate or professional degree.
Jobs and commute in Canaan
- Unemployment rate
- 1.6%State: 5.3%
- Average commute
- 28 minState: 26 min
- Work from home
- 8.7%
- Drive alone
- 67.9%
- Public transit
- 0%
- Walk to work
- 0.5%
- Homes with broadband
- 86.4%
Canaan vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Canaan | 3,453 | $73,036 | $276,300 | $850 |
| Waymart | 1,114 | $51,544 | $193,600 | $831 |
| Prompton | 248 | $70,625 | $174,000 | $1,100 |
| South Canaan | 1,855 | $77,273 | $281,600 | $892 |
| Simpson | 1,475 | $52,875 | $158,000 | $1,002 |
| Clinton | 1,961 | $67,708 | $228,300 | $1,107 |
| Bethany | 279 | $100,250 | $236,800 | $742 |
| Cherry Ridge | 2,090 | $80,250 | $279,800 | $892 |
| Vandling | 964 | $77,422 | $181,000 | $844 |
More for people moving to Canaan
Canaan ZIP code ›Weather and climate ›Living in Canaan: FAQ
What is the median household income in Canaan, PA?
The median household income in Canaan is $73,036, 6% lower than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Canaan?
The median home value in Canaan is $276,300, compared with $254,500 in Pennsylvania.
How much is rent in Canaan?
The median gross rent in Canaan is $850 per month, about 22.5% of household income.
Is Canaan, PA a good place to live?
Pluses: unemployment of 1.6%. Minuses: median household income 6% lower than the Pennsylvania median; home values 9% higher than the state median; an average commute of 28 minutes; a poverty rate of 12.5%.
What is the median age in Canaan?
The median age in Canaan is 40 years (Pennsylvania: 40.9).
How long is the commute in Canaan?
The average commute to work in Canaan is 28 minutes; 8.7% of workers work from home.
What is the unemployment rate in Canaan?
The unemployment rate in Canaan is 1.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Canaan?
7% of adults in Canaan 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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