What is the median household income in New Canaan, CT?

Name: Income and affordability in New Canaan, CT, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median household income in New Canaan, CT is $250,000 or more a year (2020–2024 American Community Survey).

Paying the median gross rent of $3,401 a month would take about $136,000 a year at the common guideline of spending no more than 30% of income on rent.

Figures last updated on November 12, 2026.

Median household income: $250,000 or more
Median renter income: $137,279 (±$43,300)
Income to afford median rent: about $136,000

Income in New Canaan against Western Connecticut Planning Region, its state and the nation

Income, estimate (90% margin of error)
	New Canaan	Western Connecticut Planning Region	Connecticut	United States
Median household income	$250,000 or more	$128,188 (±$2,370)	$95,781 (±$732)	$80,734
Median renter household income	$137,279 (±$43,300)	$75,585 (±$2,371)	$52,072 (±$906)	$52,966
Median owner household income	$250,000 or more	$168,617 (±$3,790)	$125,125 (±$969)	$100,009
Median gross rent	$3,401 (±$360)	$2,110 (±$34)	$1,488 (±$10)	$1,413

How much you need to earn to rent in New Canaan

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 $3,401 a month ($40,812 a year) needs an income of about $136,000 a year.

The median renting household in New Canaan earns $137,279 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
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$2,228 (±$174)	$3,401 (±$360)	+52.6%	Up after inflation
Median home value	$1,355,800 (±$98,248)	$1,611,900 (±$74,229)	+18.9%	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 New Canaan

Nearest places with a published estimate, compared with New Canaan
Place	Distance	Median household income	Compared with this place
New Canaan	—	$250,000 or more	—
Wilton Center	4.4 mi	$119,500 (±$27,782)	—
South Wilton	4.4 mi	$208,500 (±$78,824)	—
Wilton	4.7 mi	$242,199 (±$15,893)	—
Town of Pound Ridge	5.6 mi	$250,000 or more	—
Noroton Heights	6.0 mi	$250,000 or more	—
Darien Downtown	6.0 mi	$166,085 (±$45,143)	—
Stamford	6.1 mi	$111,586 (±$4,563)	—
Norwalk	6.3 mi	$107,616 (±$6,938)	—

None of the nearby places differs measurably from this one on this figure.

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

Median household income across Western Connecticut Planning Region, place by place

Rank	Place	Median household income
1 (tie)	Darien	$250,000 or more
1 (tie)	New Canaan	$250,000 or more
1 (tie)	Weston	$250,000 or more
1 (tie)	Westport	$250,000 or more
5	Wilton	$242,199 (±$15,893)
6	Greenwich	$206,130 (±$13,918)
7	Redding	$186,060 (±$14,812)
8	Ridgefield	$179,219 (±$12,450)

Showing 8 of 18 places in Western Connecticut Planning Region, ranked from highest to lowest.

The figures for New Canaan include the places inside it that have pages of their own: New Canaan (community).

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

Margins of error are at the 90% confidence level.

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Questions about New Canaan

What is the median household income in New Canaan?

The median household income in New Canaan is $250,000 or more a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in New Canaan?

About $136,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $3,401 a month.

What do renters earn in New Canaan?

The median renting household in New Canaan, CT earns $137,279 (±$43,300) 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 New Canaan town, Western Connecticut Planning Region, Connecticut (county subdivision:50580, in state:09 county:190).

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.