HomeSouth DakotaLincoln CountyCanton city
Canton city, South Dakota: commercial real estate data.
Canton city is a Census city of 3,033 people across 3.27 square miles of land, in Lincoln County. Median household income is $60,850, 68.1 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $1.6 m.
76 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 typecity
- Land area3.27 sq mi
- Water area0.02 sq mi
- Population per square mile of land928
- County holding the largest share of its areaLincoln 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
- Population3,033
- Median age42.2 plus or minus 11.9
- Population under 18695 plus or minus 188
- Share under 1822.9 percent plus or minus 6.2
- Population 65 and over786 plus or minus 187
- Share 65 and over25.9 percent plus or minus 6.2
- Households1,409
- Family households762
- Share of households that are families54.1 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$60,850
- Per capita income$37,560
- Civilian labor force1,595
- Employed1,509
- Unemployed86 plus or minus 80
- Unemployment rate5.4 percent plus or minus 5.0
- Adults 25 and over2,194
- Adults 25 and over with a high school diploma or higher92.1 percent
- Adults 25 and over with a bachelor degree or higher16.9 percent plus or minus 5.5
- Adults 25 and over with a graduate degree4.7 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Canton
Housing in Canton
- Housing units1,540
- Occupied units1,409
- Vacant units131 plus or minus 89
- Vacancy rate8.5 percent plus or minus 5.7
- Owner occupied959
- Renter occupied450 plus or minus 161
- Ownership rate68.1 percent
- Median owner-occupied home value$191,400
- Median gross rent, monthly$673
- Annual rent as a share of median income13.3 percent plus or minus 3.1
- Single family units1,215
- Share single family78.9 percent
- Units in buildings of two or more294 plus or minus 134
- Share in buildings of two or more19.1 percent plus or minus 8.4
- Mobile homes31 plus or minus 25
- 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 commute1,360
- Commuting under 15 minutes629 plus or minus 179
- Share commuting under 15 minutes46.3 percent plus or minus 11.8
- Commuting 30 minutes or more460 plus or minus 155
- Share commuting 30 minutes or more33.8 percent plus or minus 10.6
- Drove alone73.7 percent
- Carpooled6.1 percent plus or minus 4.9
- Public transport2.3 percent plus or minus 3.0
- Walked7.3 percent plus or minus 4.4
- Worked from home9.3 percent plus or minus 8.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Canton
SBA loans in Canton (7(a))
- Approvals5
- Gross approval$1,623,500
- Average approval$324,700
- Median approval$300,000
- Ninetieth percentile approval$646,100
- Largest approval$646,100
- Jobs supported12
- Jobs per approval2.4
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more20.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS5
A charge-off rate is not published here. only 1 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
SBA loans in Canton (504)
- Approvals9
- Gross approval$2,780,000
- Average approval$308,889
- Median approval$237,000
- Largest approval$766,000
- Jobs supported68
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lincoln County, not Canton
Lincoln County context, not Canton figures
These are Lincoln 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 Lincoln County2,184
- Employment at those establishments, Lincoln County29,283
- Covered employment, Lincoln County29,694
- Average annual pay, Lincoln County$65,125
- Average weekly wage, Lincoln County$1,252
- Housing units permitted, Lincoln County268
- Of those, single family, Lincoln County206
- County product, 2024, Lincoln County$8,822,794,000
- County product change over the prior year, Lincoln County2.0 percent
- Average income of an arriving household, Lincoln County$83,648
Every figure in this section is published for Lincoln 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.
- 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
Canton questions, answered from the record.
How many people live in Canton, South Dakota?
3,033, in 1,409 households. Canton city covers 3.27 square miles of land, which is 928 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?
Lincoln 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?
$60,850. The median owner-occupied home is valued at $191,400. Median gross rent is $673 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?
5 7(a) approvals totalling $1.6 m, across 3 lenders, median approval $300,000, plus 9 504 approvals worth $2.8 m. 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 1 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 Canton figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lincoln 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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