What is the median household income in Canton Valley, CT?

The median household income in Canton Valley, CT is $91,678 (±$18,088) a year (2020–2024 American Community Survey).

Paying the median gross rent of $981 a month would take about $39,200 a year at the common guideline of spending no more than 30% of income on rent.

In Canton Valley, the median household income went from $53,281 in 2015–2019 to $91,678 in 2020–2024 (+72.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median household income
$91,678 (±$18,088)
Median renter income
$40,565 (±$39,188)
Income to afford median rent
about $39,200

Income in Canton Valley against Capitol Planning Region, its state and the nation

Income, estimate (90% margin of error)
Canton ValleyCapitol Planning RegionConnecticutUnited States
Median household income$91,678 (±$18,088)$93,394 (±$1,372)$95,781 (±$732)$80,734
Median renter household income$40,565 (±$39,188)$49,201 (±$1,765)$52,072 (±$906)$52,966
Median owner household income$94,850 (±$48,143)$123,850 (±$1,794)$125,125 (±$969)$100,009
Median gross rent$981 (±$115)$1,411 (±$14)$1,488 (±$10)$1,413

In Canton Valley, median household income is not measurably different from Capitol Planning Region ($93,394).

It is not measurably different from Connecticut ($95,781).

It is not measurably different from the national figure ($80,734).

In Capitol Planning Region, Canton Valley ranks 17 of 31 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 81 of 130.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How much you need to earn to rent in Canton Valley

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $981 a month ($11,772 a year) needs an income of about $39,200 a year.

The median renting household in Canton Valley earns $40,565 a year.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$53,281 (±$23,798)$91,678 (±$18,088)+72.1%No measurable change after inflation
Median gross rent$1,061 (±$132)$981 (±$115)−7.5%Down after inflation
Median home value$238,000 (±$61,187)$322,700 (±$50,134)+35.6%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median household income in places near Canton Valley

Nearest places with a published estimate, compared with Canton Valley
PlaceDistanceMedian household incomeCompared with this place
Canton Valley—$91,678 (±$18,088)—
Collinsville1.5 mi$94,815 (±$16,195)Not measurably different
Weatogue3.7 mi$163,714 (±$28,025)Higher
Avon3.9 mi$154,058 (±$13,311)Higher
West Simsbury4.1 mi$201,397 (±$22,779)Higher
Simsbury4.6 mi$157,907 (±$10,516)Higher
New Hartford Center5.2 mi$76,853 (±$18,618)Not measurably different
New Hartford5.2 mi$109,695 (±$20,492)Not measurably different
Simsbury Center5.8 mi$138,242 (±$19,029)Higher

Nearby places with a measurably higher figure: Weatogue, CT ($163,714), Avon, CT ($154,058), West Simsbury, CT ($201,397).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Capitol Planning Region, place by place

RankPlaceMedian household income
11South Coventry$107,767 (±$35,053)
12Glastonbury Center$107,357 (±$37,332)
13Tariffville$106,944 (±$21,309)
14Newington (community)$102,884 (±$5,757)
15Broad Brook$97,625 (±$42,402)
16Collinsville$94,815 (±$16,195)
17Canton Valley$91,678 (±$18,088)
18Suffield Depot$91,625 (±$75,607)
19Sherwood Manor$90,821 (±$7,351)
20Hazardville$81,893 (±$20,337)
21Windsor Locks (community)$81,205 (±$13,103)
22Salmon Brook$74,375 (±$24,731)
23Manchester (community)$74,267 (±$5,088)

Showing 13 of 31 places in Capitol Planning Region, ranked from highest to lowest.

Canton Valley is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Canton, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Canton Valley

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Canton Valley beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Canton Valley, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Canton Valley, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Canton Valley

What is the median household income in Canton Valley?

The median household income in Canton Valley is $91,678 (±$18,088) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Canton Valley?

About $39,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $981 a month.

Have incomes in Canton Valley kept up with inflation?

In Canton Valley, the median household income went from $53,281 in 2015–2019 to $91,678 in 2020–2024 (+72.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

What do renters earn in Canton Valley?

The median renting household in Canton Valley, CT earns $40,565 (±$39,188) a year.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Canton Valley CDP, Connecticut (place:12370, in state:09).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related