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The median household income in Canton town was $108,091 in 2021, which marked an an increase of 6,264(6.15%) from $101,827 in 2020. This income is 144.88% 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, Canton town sees its highest median household income among householders in the age group of 25 to 44 years old, at $171,330. Overall, the median household income for the town of Canton town stands at $108,091.
In Canton town, the median income for all workers aged 15 years and older, regardless of work hours, was $75,561 for males and $46,895 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $116,463 for males and $79,297 for females.
In Canton town, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $236,578, while White households have a median household income of $106,852.
In 2021, the population of Canton town was 10,083, a 0.15% decrease year-by-year from 2020. Previously, in 2020, Canton town's population was 10,098, a decline of 1.49% compared to a population of 10,251 in 2019.
The median age in Canton, Connecticut is 49.3, as per 2021 ACS 5-Year Estimates. Of the total population, 17.89% were under the age of 15, 12.31% aged 15 to 29, 46.76% aged 30 to 64, 19.58% aged 65 to 84, and 3.46% were 85 years of age and older.
The total population of Canton town is estimated to be 10,131 with 4,834 males (47.71%) and 5,297 females (52.29%). There are 463 more females than males in Canton town.
Racial distribution of Canton town population: 90.46% are White, 3.82% are Black or African American, 0.21% are American Indian and Alaska Native, 1.34% are Asian, 1.36% are some other race and 2.81% are multiracial.