HomeMaine › Canaan

Canaan, Maine

town · Somerset County

At a glance

2,063
Population
$159,900
Median home value (all homes)
47% below U.S. median
$258,020
Typical market value
Zillow, 2026-07
$922/mo
Median rent
32% below U.S. median
$57,781
Median household income
26% below U.S. median
33.9 min
Average commute
76.9%
Homes with broadband
3.5%
Unemployment

Cost of living (Clay Affordability Index)

CAI 88 — 12% below the national average. how it's computed

Housing30% below
Goods & services1% above
Utilities7% above
Taxes33% below
Insurance37% below
Commute cost25% above
For business: Maine is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college15 mi
Nearest community college12 mi
Nearest technical college32 mi
High school graduates94.3%
College graduates24.1%

Doing business here

Economic development contacts, most local first:

county Somerset Economic Dev Corp
Somerset Economic Development Corporation aims to improve the economic condition and quality of life for all residents of Somerset County, Maine, and to support broadband expansion, workforce development, a quality of place, and business growth.
state Loring Development Authority
Associated with the Loring Commerce Centre, a busy commercial, industrial and aviation park in northern Maine that offers assets to support business development.
state Maine Department of Economic & Commercial Dev
The Maine Department of Economic and Community Development (DECD) is the state agency that works with statewide and local partners, private industry and small businesses to enhance economic prosperity in Maine. It helps communities attract jobs and grow infrastructure through programs, tax credits, reimbursements, R&D credits, capital loans, and direct investment.
state Maine Development Foundation
The Maine Development Foundation is a non-partisan statewide driver of sustainable economic growth in Maine. It connects people, decision-makers, and communities through trusted research, leadership development, and creative partnerships to stimulate new ideas, solve problems, and improve lives.
state Maine State Chamber of Commerce
The Maine State Chamber of Commerce is Maine’s largest business association, serving as The Voice of Maine Business and advocating for a positive business climate and a strong state economy through advocacy, access, and awareness.
state Sunrise County Eco Council
Sunrise County Economic Council (SCEC) is a regional economic development organization serving Washington County, Maine; it initiates and facilitates job creation and prosperity by partnering with a consortium of community-minded businesses, not-for-profit organizations, municipalities and citizens.
State sales taxYes
State income taxYes
Right-to-work stateNo

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