Canaan vs Madison

A side-by-side comparison of Canaan and Madison: population, income, housing, and more.

Canaan and Madison are places in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Madison has the higher population (12,277 vs 205 in Canaan). Madison has the higher median home value ($186,600 vs $157,400 in Canaan). Since 2019, Canaan's population has grown faster (+188.7% vs +3.9%).

Population, income & housing

	Canaan	Madison
Population	205	12,277
Median age	49.0 yrs	45.0 yrs
Median household income	—	$57,050
Median home value	$157,400	$186,600
Median gross rent	—	$827
Housing units	54	5,661
Homeownership rate	100.0%	58.3%
Bachelor's degree or higher	0.0%	20.8%
Unemployment rate	0.0%	4.5%

Trends (ACS 5-year, 2019–2023)

	Canaan	Madison
Population	71 → 205 (+188.7%)	11,813 → 12,277 (+3.9%)
Median household income	$23,472 → $29,550 (+25.9%)	$40,231 → $57,050 (+41.8%)
Median home value	—	$133,000 → $186,600 (+40.3%)
Median gross rent	—	$720 → $827 (+14.9%)

Canaan

Population

71205

Median household income

$23,472$29,550

Madison

Population

11,81312,277

Median household income

$40,231$57,050

Median home value

$133,000$186,600

Median gross rent

$720$827

Age & race/ethnicity

Age distribution (share)

	Canaan	Madison
Under 5	12.2%	4.7%
5 to 17	10.7%	12.1%
18 to 24	26.8%	8.6%
25 to 34	0.0%	10.3%
35 to 44	0.0%	14.2%
45 to 54	19.0%	14.7%
55 to 64	0.0%	14.9%
65 to 74	13.2%	11.9%
75 and over	18.0%	8.6%

Race & ethnicity (share)

	Canaan	Madison
White (non-Hispanic)	100.0%	91.3%
Black or African American	0.0%	2.2%
American Indian & Alaska Native	0.0%	0.1%
Asian	0.0%	1.1%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.6%
Two or more races	0.0%	2.5%
Hispanic or Latino	0.0%	2.3%

Educational attainment (age 25+)

Share of adults 25+

	Canaan	Madison
No high school diploma	26.2%	11.1%
High school graduate	66.0%	34.9%
Some college or associate's	7.8%	33.1%
Bachelor's degree	0.0%	12.6%
Graduate or professional degree	0.0%	8.3%

Commute to work

How workers get to work (share)

	Canaan	Madison
Drove alone	100.0%	84.2%
Carpooled	0.0%	6.8%
Public transit	0.0%	0.0%
Walked	0.0%	1.7%
Bicycle	0.0%	0.0%
Worked from home	0.0%	6.2%
Other means	0.0%	1.1%

Housing

Units in structure (share)

	Canaan	Madison
1-unit, detached	50.0%	60.7%
1-unit, attached	0.0%	8.9%
2 to 4 units	0.0%	17.5%
5 to 19 units	0.0%	8.2%
20 or more units	0.0%	2.5%
Mobile home & other	50.0%	2.2%

Poverty & households

	Canaan	Madison
Poverty rate	3.9%	14.7%
Average household size	3.80	2.28
Mean commute (minutes)	—	20
Median year structure built	2000	1962