Cannon is located in east New Mexico. Cannon has 5.80 square miles of land area and 0.07 square miles of water area. As of 2010-2014, the total Cannon population is 2,591, which has grown 1.33% since 2000. The population growth rate is much lower than the state average rate of 14.35% and is much lower than the national average rate of 11.61%. Cannon median household income is $36,495 in 2010-2014 and has grown by 97.64% since 2000. The income growth rate is much higher than the state average rate of 31.74% and is much higher than the national average rate of 27.36%. 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 Cannon is better than the state average in quality.