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The median household income in North Canaan town was $65,708 in 2021, which marked an a decrease of 5,922(8.27%) from $71,630 in 2020. This income is 88.07% 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, North Canaan town sees its highest median household income among householders in the age group of 45 to 64 years old, at $76,948. Overall, the median household income for the town of North Canaan town stands at $65,708.
In North Canaan town, the median income for all workers aged 15 years and older, regardless of work hours, was $48,533 for males and $29,174 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $72,716 for males and $43,162 for females.
In North Canaan town, there are just two different racial groups among households. Among these, White households report a median household income of $68,740, while Two or More Races households have a median household income of $2,701.
In 2021, the population of North Canaan town was 3,185, a 0.16% decrease year-by-year from 2020. Previously, in 2020, North Canaan town's population was 3,190, a decline of 1.88% compared to a population of 3,251 in 2019.
The median age in North Canaan, Connecticut is 46.7, as per 2021 ACS 5-Year Estimates. Of the total population, 16.48% were under the age of 15, 13.12% aged 15 to 29, 49.33% aged 30 to 64, 15.49% aged 65 to 84, and 5.58% were 85 years of age and older.
The total population of North Canaan town is estimated to be 3,209 with 1,701 males (53.01%) and 1,508 females (46.99%). There are 193 less females than males in North Canaan town.
Racial distribution of North Canaan town population: 91.80% are White, 1.87% are Black or African American, 4.36% are some other race and 1.96% are multiracial.