Canaan, Vermont Demographics & Population 2026
During the 2020–2024 ACS period, Canaan, Vermont had a total population of 293, the 110th largest community in Vermont, with a median household income of $60,263, which is 26% lower than the state average. The poverty rate is 7.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.0x.
- Unemployment rate of 12.7% is notably above the national average.
Canaan Quick Facts
How Canaan Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 305 | 293 | -3.9% |
| Median household income | $56,250 | $60,263 | +7.1% |
| Median home value | $118,000 | $121,500 | +3.0% |
How Canaan Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 19 | National average: 61
Education
Educational Attainment (Adults 25+)
Canaan Rankings in Vermont
Explore Vermont Rankings
Other Cities in Essex County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Island Pond | 852 | $46,214 | 27.6% | $145,800 |
| Lunenburg | 201 | $60,500 | 8.6% | $172,400 |
| Gilman | 165 | $57,788 | 0.0% | $98,500 |
| Concord | 143 | $47,115 | 25.2% | $128,400 |
| Beecher Falls | 67 | $26,042 | 10.4% | $98,100 |
Cities Similar to Canaan
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Lyndon Center | 291 | N/A | N/A | 50.6% | 0.0% |
| Glover | 282 | $63,214 | $112,500 | 22.6% | 23.3% |
| Waterbury Center | 273 | N/A | $298,100 | 68.8% | 8.8% |
| Wells | 308 | $74,375 | $194,000 | 13.5% | 6.3% |
| North Clarendon | 297 | $44,750 | $163,000 | 7.8% | 10.1% |
A note before these figures: with a population of 293, Canaan's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Canaan is a small community located in Vermont, within Essex County. The total population is 293. It ranks as the 110th most populous out of 179 Census-designated places in Vermont.
Age Demographics
The median age in Canaan is 49.9 years. This is 16% higher than the state median of 43.1 years.
Economy, Income & Housing
The median household income in Canaan is $60,263. This is 26% lower than the state median of $81,203. It is also 25% lower than the national median of $80,734. The poverty rate stands at 7.5%. This is 25% lower than the state poverty rate of 10.1%. The unemployment rate is 12.7%. This is 256% higher than the state rate of 3.6%. The median home value is $121,500. Housing costs are 62% lower than the state median of $316,600. With a home-value-to-income ratio of just 2.0x, Canaan is one of the most affordable housing markets in the area. 77.0% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 73.2%.
Race & Ethnicity
Canaan has a predominantly White (non-Hispanic) population, comprising 98.0% of all residents.
Education
10.9% 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 75% lower than the state rate of 43.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 81.4%.
Data Sources & Methodology
All demographic data for Canaan, Vermont is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Vermont state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 179 Census-designated places in Vermont. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Canaan, Vermont?
Canaan, Vermont has a population of 293 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Canaan, VT?
The median household income in Canaan is $60,263, which is 25% lower than the national median of $80,734.
What is the poverty rate in Canaan, VT?
The poverty rate in Canaan is 7.5%. This means approximately 22 residents live below the federal poverty line.
What is the racial makeup of Canaan, Vermont?
Canaan's population is 98.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Canaan, VT?
The median home value in Canaan is $121,500. The home-value-to-income ratio is 2.0x.
How educated is Canaan, Vermont?
10.9% of adults (25+) in Canaan hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.