Canaan, CT Employment - Median Household Income, Unemployment Rate

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F

26%

Income/capita NAT. AVG.

23%

Household income NAT. AVG.

17%

Unemployment NAT. AVG.

Index	Canaan	Connecticut	National
Income per capita	$37,445	$39,906	$29,829
Median household income	$42,692	$71,755	$55,322
Median income owner occupied	$79,766	$94,523	$70,586
Median income renter occupied	$25,190	$37,585	$35,192
Median earnings male	$36,875	$46,559	$36,919
Median earnings female	$21,500	$31,943	$26,250
Unemployment rate	5.4%	5.3%	4.7%
Poverty level	19.0%	10.4%	15.1%

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Key findings

The income per capita in Canaan is 26% higher than the national average
The median household income in Canaan is 23% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Canaan is 17% higher than the national average
The poverty level in Canaan is 26% higher than the national average

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am i middle class

$28,458 $42,692 $85,384

City

$47,831 $71,755 $143,510

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Canaan median earnings by income bracket

Canaan employment by industry

Labour Type	Male	Female
Construction industry	19.2%	19.2%
Manufacturing sector	15.0%	15.0%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	39.9%	39.9%
Public administration	2.5%	2.5%
Transportation, warehousing & utilities	2.2%	2.2%
Education, health & social services	4.2%	4.2%
Other	14.8%	14.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Taconic Shores, NY	854	$136,583	146.9%
Sharon, CT	635	$136,286	146.4%
Northwest Harwinton, CT	2,897	$91,618	65.6%
Lakeville, CT	830	$75,469	36.4%
Millerton, NY	899	$67,760	22.5%
Canaan, CT	1,230	$42,692	22.8%

Cities with similar population

City	Population	Household Income	National Avg.
Hotchkiss, CO	1,230	$36,944	33.2%
Milford, IL	1,230	$47,830	13.5%
Culver, IN	1,230	$30,906	44.1%
Dover Beaches South, NJ	1,230	$79,022	42.8%
Bellerose, NY	1,230	$178,542	222.7%
Canaan, CT	1,230	$42,692	22.8%

Source: The Canaan, CT employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).