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The total population of Canaan town is estimated to be 1,661 with 857 males (51.60%) and 804 females (48.40%). There are 53 less females than males in Canaan town.
The median household income in Canaan town was $106,440 in 2021, which marked an an increase of 5,118(5.05%) from $101,322 in 2020. This income is 142.67% 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 45 to 64 years old, at $143,395. Overall, the median household income for the town of Canaan town stands at $106,440.
In Canaan town, the median income for all workers aged 15 years and older, regardless of work hours, was $54,046 for males and $38,797 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $83,842 for males and $75,664 for females.
In Canaan town, population is primarily represented by White households, reporting a median income of $106,890.
In 2022, the population of Canaan town was 1,562, a 1.26% decrease year-by-year from 2021. Previously, in 2021, Canaan town's population was 1,582, an increase of 0.76% compared to a population of 1,570 in 2020.
The median age in Canaan, New York is 53.8, as per 2021 ACS 5-Year Estimates. Of the total population, 9.88% were under the age of 15, 19.47% aged 15 to 29, 39.95% aged 30 to 64, 24.91% aged 65 to 84, and 5.79% were 85 years of age and older.
Racial distribution of Canaan town population: 90.69% are White, 5.68% are Black or African American, 1.25% are Asian, 0.11% are some other race and 2.27% are multiracial.