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New Canaan CDP, Connecticut Demographics & Population 2026

As of 2026, New Canaan CDP, Connecticut has a total population of 7,032, the 51st largest city in Connecticut, with a median household income of $163,355, which is 74% higher than the state average. The poverty rate is 4.2%.

Key Takeaways

New Canaan CDP Quick Facts

Population 7,032
Median Household Income $163,355
Median Home Value $1,115,600
Poverty Rate 4.2%
Unemployment Rate 10.3%
Median Age 44.6 years
Homeownership Rate 64.2%
Affordability Ratio 6.8x
Bachelor's Degree or Higher 76.6%
High School Graduation Rate 98.8%
Diversity Index 28/100
Population 7,032 51st of 215
Median Income $163,355 top 30%
Poverty Rate 4.2% 66% lower national
Median Home Value $1,115,600 top 10%

How New Canaan CDP Compares

Economy & Housing

Employment

10.3% Unemployment Rate State: 5.7% | National: 5.2%
52.7% Labor Force Participation

Housing Overview

Owner 64.2%
Renter 35.8%
Affordability Index Expensive
6.8x home value to income ratio

People & Demographics

Diversity Index

28out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 56 | National average: 60

Education

New Canaan CDP Rankings in Connecticut

#51 Population of 215
#47 Median Income of 215
#33 Education of 215
#21 Home Value of 215

Cities Similar to New Canaan CDP

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ridgefield CDP7,103$143,286$843,20073.1%2.6%
Cos Cob CDP7,354$176,602$1,149,50070.3%5.5%
Staples CDP6,985$218,365$1,202,80071.7%3.8%
Simsbury Center CDP6,326$141,688$372,40068.8%5.5%
Glastonbury Center CDP7,860$133,450$367,00068.9%5.8%

Population Overview

New Canaan CDP is a small city located in Connecticut. The total population is 7,032. It ranks as the 51st most populous out of 215 cities and towns in Connecticut.

Age Demographics

The median age in New Canaan CDP is 44.6 years. This is 8% higher than the state median of 41.2 years. 13.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in New Canaan CDP is $163,355. This is 74% higher than the state median of $93,760. Compared to the national median of $78,538, household income here is 108% higher. The poverty rate stands at 4.2%. This is 58% lower than the state poverty rate of 10.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 10.3%. This is 83% higher than the state rate of 5.7%. The median home value is $1,115,600. Housing costs are 225% higher than the state median of $343,200. The home-value-to-income ratio of 6.8x suggests that housing affordability is a significant concern for many residents. 64.2% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 66.2%.

Race & Ethnicity

The largest racial or ethnic group in New Canaan CDP is White (non-Hispanic), making up 84.3% of the population. Asian residents account for 7.6%. The Black or African American population (1.6%) is well below the state average of 9.9%. The Hispanic or Latino population (3.0%) is well below the state average of 17.8%. The Asian population is significantly higher than the state average (7.6% vs 4.7%).

Education

76.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 83% higher than the state rate of 41.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.8%. Notably, 37.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for New Canaan CDP, Connecticut is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Connecticut state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 215 Census-designated places in Connecticut. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of New Canaan CDP, Connecticut?

New Canaan CDP, Connecticut has a population of 7,032 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Canaan CDP, CT?

The median household income in New Canaan CDP is $163,355, which is 108% higher the national median of $78,538.

What is the poverty rate in New Canaan CDP, CT?

The poverty rate in New Canaan CDP is 4.2%. This means approximately 294 residents live below the federal poverty line.

What is the racial makeup of New Canaan CDP, Connecticut?

New Canaan CDP's population is 84.3% White, 1.6% Black, 3.0% Hispanic/Latino, and 7.6% Asian.

What is the median home value in New Canaan CDP, CT?

The median home value in New Canaan CDP is $1,115,600. The home-value-to-income ratio is 6.8x.

How educated is New Canaan CDP, Connecticut?

76.6% of adults (25+) in New Canaan CDP hold a bachelor's degree or higher, and 37.0% hold a graduate or professional degree.