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IN area data

Canaan, IN

Canaan, IN.

Population: 523 (Census ACS)

The median home value in Canaan, IN is $328,822 — up 8.1% over the past year. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with landslide, strongwind the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$328,822

Median home value

+8.1%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$328,822
1-year appreciation
+8.1%
3-year appreciation
+21.0%
5-year appreciation
+42.1%
10-year appreciation
+132.0%
All-time peak (2026-03)
$330,180
House Price Index (state)
367.2 (+2.9% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

1-year forecast
+4.9%

Source: recent area sales and market data (ZIP-level)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0
Charter schools
1
Schools include
Canaan Community Academy

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
landslide, strongWind
Notable hazard ratings (county)
drought: Relatively Low · iceStorm: Relatively Low · landslide: Relatively Moderate · strongWind: Relatively Moderate · tornado: Relatively Low
Wildfire risk to homes (county)
Higher than 14% of US counties
Buildings in wildfire direct-exposure zone
63.9%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
52.7 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

National parks within ~60 mi
1
Nearest national park
William Howard Taft National Historic Site (45 mi)
Airports within 30 mi
32
Nearest airport
Giltner Airport (9 mi)
Nearest major airport
Cincinnati Northern Kentucky International Airport (CVG) (36 mi)
Hospitals nearby (~15 mi)
1,090
Hospitals include
MIZELL MEMORIAL HOSPITAL, CRENSHAW COMMUNITY HOSPITAL, CRENSHAW COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+62 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
2,002
Housing built before 1970
16.0%
Housing built 2000 or later
58.6%
Median annual property tax
$1,221
Households with broadband internet
40.6%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
1,248
Average weekly wage
$773
Top industries (by employment)
Other Services, Professional Services, Finance & Insurance
Annual residential building permits (county)
80

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

CanaanState medianUS median
Median home value$328,822$237,170$289,727
Median annual property tax$1,221$1,179$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Canaan, IN?
$328,822.
What is the natural-hazard risk in Canaan, IN?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: landslide, strongWind.
What is the wildfire risk in Canaan, IN?
Risk to homes is higher than 14% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Canaan, IN?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Canaan, IN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Canaan, IN?
1 schools (1 elementary) (NCES, 2022-23).
What is the cost of living in Canaan, IN?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Canaan

Selling a home in Canaan, IN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents