Canalou is located in southeast Missouri. Canalou is part of New Madrid County. Canalou has 0.20 square miles of land area and has no water area. As of 2010-2014, the total Canalou population is 339, which has shrunk 2.59% since 2000. The population growth rate is much lower than the state average rate of 7.74% and is much lower than the national average rate of 11.61%. Canalou median household income is $32,083 in 2010-2014 and has grown by 50.98% since 2000. The income growth rate is much higher than the state average rate of 25.91% and is much higher than the national average rate of 27.36%. Canalou median house value is $40,000 in 2010-2014 and has grown by 53.26% since 2000. The house value growth rate is about the same as the state average rate of 52.06% 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 Canalou is worse than the state average in quality. The Canalou area code is 573.