Living in Canaan, Vermont
Cost of living, income, home prices, rent and demographics of Canaan · Census data 2020–2024
Canaan has 810 residents with a median age of 53.2. The median household income is $55,606 (32% lower than the Vermont median), the median home value is $201,900.
Canaan is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Canaan at a glance
- Population
- 810
- Median age
- 53.2State: 43.1
- Median household income
- $55,606State: $81,203
- Median home value
- $201,900State: $316,600
- Homeowners
- 91.4%
- Bachelor's degree or higher
- 13.8%
- Average commute
- 20 min
Is Canaan a good place to live?
Pros: Home values 36% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 32% lower than the Vermont median; unemployment of 5%; a poverty rate of 10.4%.
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 $201,900, 39% lower than the U.S. median. Renters pay a median of — per month, which is 25.3% of household income. Homeowners with a mortgage pay $1,680 a month in housing costs.
Canaan median household income
The median household income in Canaan is $55,606 and the income per person is $32,500. 10.4% of residents live below the poverty line (Vermont: 10.1%).
Housing in Canaan: homes for sale and rent
- Housing units
- 589
- Owner-occupied
- 91.4%
- Renter-occupied
- 8.6%
- Vacant
- 34.8%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.11
34.8% of homes are vacant most of the year, a sign that Canaan has many vacation and second homes.
Canaan demographics
- Population
- 810
- Median age
- 53.2
- Under 18
- 15.8%
- 65 and older
- 28.5%
- Households
- 384
- Foreign-born
- 3.3%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Canaan ›
Education in Canaan
13.8% of adults 25 and older in Canaan have a bachelor's degree or higher (Vermont: 43.8%), and 2.3% have a graduate or professional degree.
Jobs and commute in Canaan
- Unemployment rate
- 5%State: 3.6%
- Average commute
- 20 minState: 24 min
- Work from home
- 15.4%
- Drive alone
- 72.3%
- Public transit
- 0%
- Walk to work
- 5.3%
- Homes with broadband
- 92.7%
Canaan vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Canaan | 810 | $55,606 | $201,900 | — |
| West Stewartstown | 312 | $80,167 | $27,600 | $1,141 |
| Lemington | 108 | $55,000 | $138,400 | — |
| Stewartstown | 960 | $57,069 | $210,400 | $273 |
| Norton | 108 | $65,625 | $200,000 | — |
| Colebrook | 1,988 | $51,159 | $192,200 | $750 |
| Bloomfield | 234 | $54,375 | $190,600 | — |
| Columbia | 683 | $57,917 | $196,400 | $792 |
| Clarksville | 371 | $65,385 | $191,700 | $1,125 |
More for people moving to Canaan
Canaan ZIP code ›Weather and climate ›Living in Canaan: FAQ
What is the median household income in Canaan, VT?
The median household income in Canaan is $55,606, 32% lower than the Vermont median of $81,203 (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 $201,900, compared with $316,600 in Vermont.
Is Canaan, VT a good place to live?
Pluses: home values 36% lower than the state median; an average commute of 20 minutes. Minuses: median household income 32% lower than the Vermont median; unemployment of 5%; a poverty rate of 10.4%.
What is the median age in Canaan?
The median age in Canaan is 53.2 years (Vermont: 43.1).
How long is the commute in Canaan?
The average commute to work in Canaan is 20 minutes; 15.4% of workers work from home.
What is the unemployment rate in Canaan?
The unemployment rate in Canaan is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Canaan?
13.8% 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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