Canal Point CDP, Florida Demographics & Population 2026

Population Overview

Canal Point CDP is a small community located in Florida. The total population is 244. It ranks as the 903rd most populous out of 953 cities and towns in Florida.

Age Demographics

The median age in Canal Point CDP is 31.6 years. This is 26% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Canal Point CDP is $106,905. This is 49% higher than the state median of $71,711. Compared to the national median of $78,538, household income here is 36% higher. The poverty rate stands at 30.7%. This is 144% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.8%. 34.9% of occupied housing units are owner-occupied. This homeownership rate is 48% lower than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Canal Point CDP is White (non-Hispanic), making up 47.1% of the population. Hispanic or Latino residents account for 34.4%. The Asian population is significantly higher than the state average (18.4% vs 2.8%).

Education

37.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 13% higher than the state rate of 33.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 74.6%. Notably, 32.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Canal Point CDP, Florida 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 Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 953 Census-designated places in Florida. For official data, visit data.census.gov.