HomeNorth CarolinaHaywood CountyCanton town
Canton town, North Carolina: commercial real estate data.
Canton town is a Census town of 4,419 people across 3.75 square miles of land, in Haywood County. Median household income is $69,924, 70.6 percent of occupied homes are owned, and the SBA record carries 13 7(a) approvals to borrowers here worth $9.7 m.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Canton
What Canton is
- Census place typetown
- Land area3.75 sq mi
- Water area0 sq mi
- Population per square mile of land1,179
- County holding the largest share of its areaHaywood County, 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.
Canton
How many people live in Canton
- Population4,419
- Median age36.7
- Population under 18824 plus or minus 211
- Share under 1818.6 percent plus or minus 4.8
- Population 65 and over810 plus or minus 240
- Share 65 and over18.3 percent plus or minus 5.4
- Households1,906
- Family households1,052
- Share of households that are families55.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Canton
Income and work in Canton
- Median household income$69,924
- Per capita income$33,384
- Civilian labor force2,430
- Employed2,386
- Unemployed44 plus or minus 48
- Unemployment rate1.8 percent plus or minus 2.0
- Adults 25 and over3,252
- Adults 25 and over with a high school diploma or higher88.3 percent
- Adults 25 and over with a bachelor degree or higher17.7 percent plus or minus 5.3
- Adults 25 and over with a graduate degree5.4 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Canton
Housing in Canton
- Housing units2,094
- Occupied units1,906
- Vacant units188 plus or minus 126
- Vacancy rate9.0 percent plus or minus 6.0
- Owner occupied1,346
- Renter occupied560 plus or minus 213
- Ownership rate70.6 percent
- Median owner-occupied home value$246,700
- Median gross rent, monthly$790 plus or minus $274
- Annual rent as a share of median income13.6 percent plus or minus 5.3
- Single family units1,555
- Share single family74.3 percent
- Units in buildings of two or more256 plus or minus 149
- Share in buildings of two or more12.2 percent plus or minus 7.1
- Mobile homes283 plus or minus 141
- Median year structure built1960
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Canton
How Canton gets to work
- Workers 16 and over who commute2,275
- Commuting under 15 minutes772 plus or minus 253
- Share commuting under 15 minutes33.9 percent plus or minus 10.5
- Commuting 30 minutes or more921 plus or minus 278
- Share commuting 30 minutes or more40.5 percent plus or minus 11.4
- Drove alone87.7 percent
- Carpooled5.0 percent plus or minus 4.2
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home2.2 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Canton
SBA loans in Canton (7(a))
- Approvals13
- Gross approval$9,684,000
- Average approval$744,923
- Median approval$379,000
- Ninetieth percentile approval$1,860,000
- Largest approval$1,950,000
- Jobs supported278
- Jobs per approval21.4
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more69.2 percent
- Share to franchises30.8 percent
- Distinct lenders10
- Distinct industries by NAICS7
A charge-off rate is not published here. only 2 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.
Canton
Flood risk in Canton
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370121
- Currently effective map date04/03/12
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Haywood County, not Canton
Haywood County context, not Canton figures
These are Haywood County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Canton measurements.
- Establishments in Haywood County1,546
- Employment at those establishments, Haywood County16,322
- Covered employment, Haywood County17,496
- Average annual pay, Haywood County$46,227
- Average weekly wage, Haywood County$889
- Housing units permitted, Haywood County537
- Of those, single family, Haywood County373
- County product, 2024, Haywood County$2,601,131,000
- County product change over the prior year, Haywood County3.4 percent
- Average income of an arriving household, Haywood County$76,756
Every figure in this section is published for Haywood County as a whole and is not a measurement of Canton. 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.
- 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
Canton questions, answered from the record.
How many people live in Canton, North Carolina?
4,419, in 1,906 households. Canton town covers 3.75 square miles of land, which is 1,179 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Canton in?
Haywood County, 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 Canton?
$69,924. The median owner-occupied home is valued at $246,700. Median gross rent is $790 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Canton businesses?
13 7(a) approvals totalling $9.7 m, across 10 lenders, median approval $379,000. These count approvals to borrowers whose address is in Canton, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Canton borrowers get paid back?
No rate is published for Canton. only 2 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.
Is Canton in the National Flood Insurance Program?
Yes. Canton appears in the FEMA Community Status Book as community 370121, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Canton figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Haywood County 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 Canton.
Is zoning published for Canton?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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