Canaan employment information

IndexCanaanConnecticutNational
Income per capita$26,572$39,906$29,829
Median household income$60,625$71,755$55,322
Median income owner occupied$72,908$94,523$70,586
Median income renter occupied$40,250$37,585$35,192
Median earnings male$38,462$46,559$36,919
Median earnings female$29,018$31,943$26,250
Unemployment rate0.8%5.3%4.7%
Poverty level7.7%10.4%15.1%
The Canaan, CT employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Canaan is $26,572, which is 33% lower than than the Connecticut average and 11% lower than than the national average. The median household income is $60,625, which is 16% lower than than the Connecticut average and 10% higher than than the national average. The unemployment rate in Canaan is 1%, which is 83% lower than than the national average. The poverty rate in Canaan is 8% which is 49% lower than than the national average.

am i middle class

$Input your household income
$40,412$60,625$121,250
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.

Did you know?

  • The income per capita in Canaan is 11% lower than the national average.
  • The median household income in Canaan is 10% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Canaan is 83% lower than the national average.
  • The poverty level in Canaan is 49% lower than the national average.

Find Real Estate Listings In Canaan

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Canaan

Compare Canaan, CT Employment To Other Cities

Employment status

Hours worked per week

Canaan median earnings by income bracket

Canaan employment by industry

Labour TypeMaleFemale
Construction industry31.1%3.1%
Manufacturing sector17.0%0.0%
Financial & insurance services0.0%2.2%
Wholesale & retail services25.9%10.4%
Public administration0.0%2.8%
Transportation, warehousing & utilities2.7%0.0%
Education, health & social services5.9%42.1%
Other17.3%33.3%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Northwest Harwinton, CT3,103$87,20658%
Falls Village, CT490$68,63624%
Amenia, NY1,148$68,02123%
Lakeville, CT903$61,67911%
Torrington, CT35,227$58,7176%
Canaan, CT1,192$60,62510%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Newark, TX1,192$50,5009%
Sloan, IA1,192$54,6591%
Worden, IL1,192$54,0482%
Mustang Ridge, TX1,192$54,1672%
Hebron, MD1,192$53,2354%
Canaan, CT1,192$60,62510%
Source: The Canaan, CT employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).