HomeConnecticutWestern Connecticut Planning RegionNew Canaan CDP
New Canaan CDP, Connecticut: commercial real estate data.
New Canaan CDP 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.
76 sourced place values · tier FULL · 8 sections
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 7(a) lending to New Canaan borrowers
- Approvals32
- Gross approval$15,312,900
- Average approval$478,528
- Median approval$250,000
- Ninetieth percentile approval$735,000
- 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
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
New Canaan
SBA 504 lending to New Canaan borrowers
- 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
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
These are Western Connecticut Planning Region figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as New Canaan measurements.
- Establishments in Western Connecticut Planning Region19,955
- Employment at those establishments, Western Connecticut Planning Region292,288
- Covered employment, Western Connecticut Planning Region287,189
- Average annual pay, Western Connecticut Planning Region$129,052
- Average weekly wage, Western Connecticut Planning Region$2,482
- Housing units permitted, Western Connecticut Planning Region1,094
- Of those, single family, Western Connecticut Planning Region389
- County product, 2024, Western Connecticut Planning Region$76,343,680,000
- Average income of an arriving household, Western Connecticut Planning Region$254,936
Every figure in this section is published for Western Connecticut Planning Region as a whole and is not a measurement of New Canaan. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $15.3 m, across 16 lenders, median approval $250,000, plus 3 504 approvals worth $1.9 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page New Canaan figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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