Canaan, Connecticut Demographics

The median household income in Canaan town was $87,487 in 2021, which marked an an increase of 9,584(12.30%) from $77,903 in 2020. This income is 117.27% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Canaan town sees its highest median household income among householders in the age group of 65 years and over old, at $105,929. Overall, the median household income for the town of Canaan town stands at $87,487.
In Canaan town, the median income for all workers aged 15 years and older, regardless of work hours, was $46,000 for males and $39,746 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $74,763 for males and $61,984 for females.
In Canaan town, population is primarily represented by White households, reporting a median income of $90,526.
In 2021, the population of Canaan town was 1,078, a 0.00% decrease year-by-year from 2020. Previously, in 2020, Canaan town's population was 1,078, an increase of 2.28% compared to a population of 1,054 in 2019.
The median age in Canaan, Connecticut is 55.4, as per 2021 ACS 5-Year Estimates. Of the total population, 9.32% were under the age of 15, 15.70% aged 15 to 29, 52.33% aged 30 to 64, 20.11% aged 65 to 84, and 2.53% were 85 years of age and older.
The total population of Canaan town is estimated to be 1,223 with 633 males (51.76%) and 590 females (48.24%). There are 43 less females than males in Canaan town.
Racial distribution of Canaan town population: 94.85% are White, 1.39% are Black or African American, 1.55% are Asian and 2.21% are multiracial.