Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Canaan CDP, Connecticut?
City · Census ACS 5-Year estimates
The median gross rent in Canaan CDP, Connecticut is $1,588/month (±$618), based on Census ACS 5-Year estimates (2024). The median home value is $204,200 (±$104,965), and the median household income is $48,214/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Canaan CDP, Connecticut
| Metric | Value |
|---|---|
| Median Gross Rent | $1,588 |
| Median Home Value | $204,200 |
| Median Household Income | $48,214 |
| Total Housing Units | 478 |
| Renter-Occupied Units | 156 |
| Renter-Occupied Share | 33% |
| Households Paying 50%+ Income | 25 households |
How does Canaan CDP, Connecticut compare?
Median gross rent ranked against all cities in Connecticut.
Higher rent than 57% of cities in Connecticut · 68th of 154
| # | City | Value |
|---|---|---|
| 1 | Old Hill CDP | $3,501 |
| 1 | Old Greenwich CDP | $3,501 |
| 1 | Hawleyville CDP | $3,501 |
| … 64 more … | ||
| 68 | Canaan CDP(you are here) | $1,588 |
| … 83 more … | ||
| 152 | Blue Hills CDP | $767 |
| 153 | Bantam borough | $688 |
| 154 | North Grosvenor Dale CDP | $413 |
More data for Canaan CDP, Connecticut
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Frequently asked questions
What is the average rent in Canaan CDP, Connecticut?
The median gross rent in Canaan CDP, Connecticut is $1,588/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Canaan CDP, Connecticut?
The median rent for a 2-bedroom in Canaan CDP, Connecticut is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Canaan CDP, Connecticut?
The median home value in Canaan CDP, Connecticut is $204,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Canaan CDP are rent-burdened?
In Canaan CDP, Connecticut, 25 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Canaan CDP, Connecticut?
The median household income in Canaan CDP, Connecticut is $48,214/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,588 has a margin of error of ±$618. In very small areas, MOEs can be large relative to the estimate.
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