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Canaan CDP, Vermont Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

As of 2026, Canaan CDP, Vermont has a total population of 305, the 112th largest city in Vermont, with a median household income of $56,250, which is 28% lower than the state average. The poverty rate is 8.8%.

Key Takeaways

Canaan CDP Quick Facts

Population 305
Median Household Income $56,250
Median Home Value $118,000
Poverty Rate 8.8%
Unemployment Rate 12.9%
Median Age 51.7 years
Homeownership Rate 74.3%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 13.0%
High School Graduation Rate 78.9%
Diversity Index 3/100
Population 305 112th of 178
Median Income $56,250 bottom 30%
Poverty Rate 8.8% 29% lower national
Median Home Value $118,000 bottom 10%

How Canaan CDP Compares

Economy & Housing

Employment

12.9% Unemployment Rate State: 3.7% | National: 5.2%
65.2% Labor Force Participation

Housing Overview

Owner 74.3%
Renter 25.7%
Affordability Index Very Affordable
2.1x home value to income ratio

People & Demographics

Diversity Index

3out of 100
Very Low Diversity

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

State average: 18 | National average: 60

Education

Canaan CDP Rankings in Vermont

#112 Population of 178
#111 Median Income of 178
#166 Education of 178
#161 Home Value of 178

Cities Similar to Canaan CDP

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
West Pawlet CDP301N/A$119,90021.6%26.6%
East Dorset CDP297N/AN/A42.8%12.8%
Quechee CDP297N/A$324,70095.3%7.1%
Pawlet CDP306$53,000$275,00027.6%13.1%
Proctorsville CDP309$64,167$225,00037.5%6.9%

Population Overview

Canaan CDP is a small community located in Vermont. The total population is 305. It ranks as the 112th most populous out of 178 cities and towns in Vermont.

Age Demographics

The median age in Canaan CDP is 51.7 years. This is 20% higher than the state median of 43.0 years. 10.5% 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 Canaan CDP is $56,250. This is 28% lower than the state median of $78,024. Compared to the national median of $78,538, household income here is 28% lower. The poverty rate stands at 8.8%. This is 14% lower than the state poverty rate of 10.3%. The unemployment rate is 12.9%. This is 252% higher than the state rate of 3.7%. The median home value is $118,000. Housing costs are 59% lower than the state median of $290,500. With a home-value-to-income ratio of just 2.1x, Canaan CDP is one of the most affordable housing markets in the area. 74.3% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 72.8%.

Race & Ethnicity

Canaan CDP has a predominantly White (non-Hispanic) population, comprising 98.4% of all residents.

Education

13.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 70% lower than the state rate of 42.6%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 78.9%.

Data Sources & Methodology

All demographic data for Canaan CDP, Vermont 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 Vermont state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 178 Census-designated places in Vermont. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Canaan CDP, Vermont?

Canaan CDP, Vermont has a population of 305 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Canaan CDP, VT?

The median household income in Canaan CDP is $56,250, which is 28% lower the national median of $78,538.

What is the poverty rate in Canaan CDP, VT?

The poverty rate in Canaan CDP is 8.8%. This means approximately 27 residents live below the federal poverty line.

What is the racial makeup of Canaan CDP, Vermont?

Canaan CDP's population is 98.4% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Canaan CDP, VT?

The median home value in Canaan CDP is $118,000. The home-value-to-income ratio is 2.1x.

How educated is Canaan CDP, Vermont?

13.0% of adults (25+) in Canaan CDP hold a bachelor's degree or higher, and 2.7% hold a graduate or professional degree.