HomeConnecticutWestern Connecticut Planning RegionNew Canaan
New Canaan, Connecticut: commercial real estate data.
New Canaan is a Census CDP of 6,896 people across 1.55 square miles of land, in Western Connecticut Planning Region. Median household income is $146,700, 66.2 percent of occupied homes are owned, and the SBA record carries 32 7(a) approvals to borrowers here worth $15.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
New Canaan
What New Canaan is
- Census place typeCDP
- Land area1.55 sq mi
- Water area0.01 sq mi
- Population per square mile of land4,451
- County holding the largest share of its areaWestern Connecticut Planning Region, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Canaan
How many people live in New Canaan
- Population6,896
- Median age43.1
- Population under 181,595
- Share under 1823.1 percent
- Population 65 and over1,298
- Share 65 and over18.8 percent
- Households2,736
- Family households1,838
- Share of households that are families67.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Canaan
Income and work in New Canaan
- Median household income$146,700 plus or minus $33,024
- Per capita income$109,769
- Civilian labor force3,096
- Employed2,708
- Unemployed388 plus or minus 289
- Unemployment rate12.5 percent plus or minus 9.0
- Adults 25 and over4,625
- Adults 25 and over with a high school diploma or higher97.4 percent
- Adults 25 and over with a bachelor degree or higher74.7 percent
- Adults 25 and over with a graduate degree34.4 percent plus or minus 7.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Canaan
Housing in New Canaan
- Housing units3,033
- Occupied units2,736
- Vacant units297 plus or minus 152
- Vacancy rate9.8 percent plus or minus 4.9
- Owner occupied1,810
- Renter occupied926 plus or minus 220
- Ownership rate66.2 percent
- Median owner-occupied home value$1,099,400
- Median gross rent, monthly$3,425
- Annual rent as a share of median income28.0 percent plus or minus 7.4
- Single family units1,977
- Share single family65.2 percent
- Units in buildings of two or more1,056 plus or minus 284
- Share in buildings of two or more34.8 percent plus or minus 8.7
- Mobile homes0
- Median year structure built1968
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Canaan
How New Canaan gets to work
- Workers 16 and over who commute1,822
- Commuting under 15 minutes396 plus or minus 151
- Share commuting under 15 minutes21.7 percent plus or minus 7.1
- Commuting 30 minutes or more1,073 plus or minus 277
- Share commuting 30 minutes or more58.9 percent
- Drove alone45.3 percent
- Carpooled2.0 percent plus or minus 1.6
- Public transport13.1 percent plus or minus 4.0
- Walked8.0 percent plus or minus 8.8
- Worked from home31.0 percent plus or minus 9.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Canaan
SBA loans in New Canaan (7(a))
- Approvals32
- Gross approval$15,312,900
- Average approval$478,528
- Median approval$250,000
- Ninetieth percentile approval$732,900
- Largest approval$4,032,400
- Jobs supported391
- Jobs per approval12.2
- Loans with a final outcome6
- Paid in full6
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more3.1 percent
- Share to franchises9.4 percent
- Distinct lenders16
- Distinct industries by NAICS18
Counted by borrower city: approvals to borrowers whose address is in New Canaan, in any county, FY2020 to FY2026. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
New Canaan
SBA loans in New Canaan (504)
- Approvals3
- Gross approval$1,892,000
- Average approval$630,667
- Median approval$461,000
- Largest approval$1,136,000
- Jobs supported19
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in New Canaan, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Western Connecticut Planning Region, not New Canaan
Western Connecticut Planning Region context, not New Canaan figures
- Establishments in Western Connecticut Planning Region19,955
- Covered employment, Western Connecticut Planning Region287,189
- Average annual pay, Western Connecticut Planning Region$129,052
- Housing units permitted, Western Connecticut Planning Region1,094
Every figure in this section is published for Western Connecticut Planning Region as a whole and is not a measurement of New Canaan.
All Western Connecticut Planning Region figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
New Canaan questions, answered from the record.
How many people live in New Canaan, Connecticut?
6,896, in 2,736 households. New Canaan CDP covers 1.55 square miles of land, which is 4,451 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Canaan in?
Western Connecticut Planning Region, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in New Canaan?
$146,700. The median owner-occupied home is valued at $1,099,400. Median gross rent is $3,425 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to New Canaan businesses?
32 7(a) approvals totaling $15.3 m since FY2020, across 16 lenders, median approval $250,000, plus 3 504 approvals worth $1.9 m since FY2010. These count approvals to borrowers whose address is in New Canaan, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to New Canaan borrowers get paid back?
No rate is published for New Canaan. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page New Canaan figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Western Connecticut Planning Region as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of New Canaan.
Is zoning published for New Canaan?
No. Nothing on this page presents parcel level zoning.
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