Canaan is located in northwest Connecticut. Canaan is part of Litchfield County. Canaan has 1.74 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Canaan population is 1,178, which has shrunk 8.54% since 2000. The population growth rate is much lower than the state average rate of 5.48% and is much lower than the national average rate of 11.61%. Canaan median household income is $60,972 in 2010-2014 and has grown by 100.32% since 2000. The income growth rate is much higher than the state average rate of 29.60% and is much higher than the national average rate of 27.36%. Canaan median house value is $206,300 in 2010-2014 and has grown by 70.07% since 2000. The house value growth rate is higher than the state average rate of 64.47% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Canaan is close to the state average in quality. The Canaan area code is 860.