Population

· The population of Canaan increased from 1,057 in 1990 to 1,081 in 2000.

· The median income of residents in Canaan increased from $35,950 in 1990 to $54,688 in 2000. The median income measures the income of households in the middle of the income spread.

· When adjusted for inflation, median income increased 15.5% from 1990 to 2000.

Economy

· The number of jobs in Canaan increased from 840 in 1993 to 960 in 1998.

· The property tax base per household increased from $229.123 in 1995 to $409.956 in 2000. This is a measure of how much wealth in the form of taxable property a community has, divided by the number of households in the community.

· The property tax base increased 58% from 1995 to 2000, adjusting for inflation.

Education

· In 2000, Canaan property tax base per pupil was $875,626. This is a measure of how much wealth in the form of taxable property a community has, divided by the number of students in the public schools.

· Canaan received $1,776 per pupil in state education aid in 2000.

· In 2000, 5.1% of the elementary school children in Canaan schools were eligible for free or reduced school lunch; 3.4% were non-Asian minorities.

· Enrollment in Canaan schools increased 13.2% between 1993 and 2000.