Is Canaan, VT a Good Place to Live?
Canaan is a small town of 286 in Vermont, with a median household income of $58,188 and a 12.2% unemployment rate. Its cost of living index is 94 (US average = 100), which is 6% below the national average.
Strengths: Canaan stands out for an affordable cost of living, below-average home prices, solid school ratings (A-), short average commutes.
Trade-offs: Potential downsides include an elevated unemployment rate. Whether Canaan is right for you depends on your priorities — the full breakdown is below.
All Canaan city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 93.9Canaan's overall cost of living index is 93.9, where 100 represents the US national average. Living in Canaan costs roughly 6% less than the average American city.
| Metric | Canaan, VT | National Avg |
|---|---|---|
| Median Home Value | $113,900 | $244,900 |
| Median Monthly Rent | $1,038 | $1,163 |
| Homeownership Rate | 75.2% | 65.9% |
| Median Household Income | $58,188 | $74,755 |
Crime & Safety
Crime data for Canaan is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.
Schools & Education
Canaan is served primarily by Canaan School District. The student-to-teacher ratio is 7.1:1 (better than the national average of ~16:1).
| Metric | Canaan, VT | National Avg |
|---|---|---|
| School District | Canaan School District | — |
| Elementary Schools | N/A | — |
| Middle Schools | N/A | — |
| High Schools | 1 | — |
| Student/Teacher Ratio | 7.1:1 | 16:1 |
| Bachelor's Degree or Higher | 9.8% | 35.4% |
| High School Diploma or Higher | 83.8% | 91.1% |
Weather & Climate
Canaan sees average highs of 21.5°F in January and 75.5°F in July, with 42.6 inches of annual precipitation and 111.1 inches of snow per year.
| Metric | Canaan, VT |
|---|---|
| Average High — January | 21.5°F |
| Average High — July | 75.5°F |
| Annual Precipitation | 42.6" |
| Annual Snowfall | 111.1" |
Demographics
| Metric | Canaan, VT | National Avg |
|---|---|---|
| Population | 286 | — |
| Median Age | 54.8 | 38.9 |
| Unemployment Rate | 12.2% | 3.7% |
| Avg Commute Time | 22.8 min | 26 min |
| White (non-Hispanic) | 98.6% | 59.3% |
| Black or African American | 0.0% | 13.6% |
| Hispanic or Latino | 1.4% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 16.4% | 22.2% |
| 65 and over | 38.8% | 16.8% |
Nearby Cities
ZIP Codes in Canaan
Canaan, VT is covered by 1 ZIP code: