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CITY

Canal Point

Florida · 207 residents · 1.392 sq mi
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The short version

Canal Point is significantly wealthier than the US average, with a median household income of $111,719. Population has fallen 61% since 2000, a loss of 318 residents. 47% of adults hold a bachelor's degree or higher. At a median age of 31.3, residents skew younger than the country as a whole. The poverty rate of 34.3% is well above the national figure. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 31.3
US median: 38.9
More educated
47% hold a bachelor's degree
US average: 36%
Renter-heavy
22% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
207
−61%since 2000
from 525 in 2000
2000 – 2024
Population density
149 / sq mi
−61%since 2000
from 377 / sq mi in 2000
US average: 281
Median age
31.3
−8%since 2000
from 33.9 in 2000
US average: 38.9
Population, 2000 – 2024
1682854015176342000201020202024Canal Point
2024207
2000201020202024
Section 02

Income & economy

Median household income
$111,719
+62%inflation adjusted, since 2000
from $37,813 in 2000
US average: $82,259
2000 – 2024
Per capita income
$37,399
+101%since 2000
from $18,625 in 2000
US average: $44,673
Households earning $100K+
64.9%
+55.6 ptssince 2009
from 9.3% in 2009
US average: 53.3%
Poverty rate
34.3%
+19.9 ptssince 2000
from 14.4% in 2000
US average: 12.5%
Income inequality (Gini)
0.387
+18%since 2010
from 0.327 in 2010
US average: 0.476
Workforce by industry, 2024
Other services17.4%
US avg: 6.7%
Public administration17.4%
US avg: 4.8%
Agriculture, forestry, fishing13%
US avg: 1.6%
Construction13%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Retail trade0%
US avg: 9.9%
Transportation & warehousing0%
US avg: 2.2%
Information0%
US avg: 10.8%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median gross rent
$1,431
+83%inflation adjusted, since 2000
from $429 in 2000
US average: $1,442
Owner-occupied
21.6%
−26.1 ptssince 2000
from 47.7% in 2000
78.4% rent
Vacancy rate
36.8%
+36.8 ptssince 2009
from 0.0% in 2009
US average: 10.0%
Owner cost-burdened
0.0%
−50.0 ptssince 2009
from 50.0% in 2009
US average: 22.9%
Renter cost-burdened
44.8%
+23.4 ptssince 2009
from 21.4% in 2009
US average: 47.4%
RELATED:See current rent listings in Canal Point on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic43%(226)
Black17.5%(92)
Hispanic / Latino35%(184)
Asian0.6%(3)
Other0%
Diversity Score79.2%(416)
2024
White, non-Hispanic43%(89)
Black0%(0)
Hispanic / Latino34.3%(71)
Asian22.7%(47)
Other0%(0)
Diversity Score80.7%(167)
Diversity Score
81
+2%since 2000
from 79 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
47.1%
+40.4 ptssince 2000
from 6.7% in 2000
US average: 35.6%
High school or higher
78.1%
+23.2 ptssince 2000
from 54.8% in 2000
US average: 89.6%
Graduate degree
40.6%
+38.8 ptssince 2000
from 1.9% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
19.4 min
+55%since 2000
from 12.5 min in 2000
US average: 26.5
Drive alone to work
87.0%
+79.4 ptssince 2009
from 7.5% in 2009
US average: 68.9%
Carpooled to work
13.0%
−55.8 ptssince 2009
from 68.8% in 2009
US average: 8.5%
Public transit
0.0%
−19.6 ptssince 2009
from 19.6% in 2009
US average: 3.2%
Worked from home
0.0%
−4.0 ptssince 2009
from 4.0% in 2009
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
0.0%
−12.8 ptssince 2009
from 12.8% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2011
from 0.0% in 2011
US average: 5.2%
Labor force participation
81.2%
+11.0 ptssince 2011
from 70.2% in 2011
US average: 63.5%
Self-employed
34.8%
+30.8 ptssince 2009
from 4.0% in 2009
US average: 13.1%
Management & professional
52.9%
+22.7 ptssince 2009
from 30.2% in 2009
US average: 42.5%
Section 08

People & community

Male
50.7%
−10.3 ptssince 2009
from 61.0% in 2009
Female
49.3%
+10.3 ptssince 2009
from 39.0% in 2009
Foreign born
47.8%
+8.9 ptssince 2009
from 39.0% in 2009
US average: 14.1%
Veterans
0.0%
−66.5 ptssince 2009
from 66.5% in 2009
US average: 6.2%
With a disability
0.0%
−8.0 ptssince 2012
from 8.0% in 2012
US average: 13.3%
Uninsured
16.4%
−83.6 ptssince 2013
from 100.0% in 2013
US average: 8.4%
Broadband at home
100.0%
+31.5 ptssince 2017
from 68.5% in 2017
US average: 91.0%
English only at home
47.3%
−14.1 ptssince 2016
from 61.5% in 2016
US average: 77.7%
Spanish at home
27.7%
−10.9 ptssince 2016
from 38.5% in 2016
US average: 13.6%
Drill deeper

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Compare Canal Point to nearby cities

CANAL POINT VS
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Home value$163,100
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CANAL POINT VS
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CANAL POINT VS
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CANAL POINT VS
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Home value$654,200
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Frequently asked

How many people live in Canal Point, Florida?

Canal Point, Florida has about 207 residents according to the 2024 American Community Survey.

What is the median household income in Canal Point, Florida?

The typical household in Canal Point, Florida earns about $111,719 a year. Half of households make more than that, and half make less.

Is Canal Point, Florida expensive?

In Canal Point, Florida, the typical rent is about $1,431 a month.

How educated are people in Canal Point, Florida?

About 47.1% of adults age 25 and over in Canal Point, Florida hold a bachelor's degree or higher.

What is the poverty rate in Canal Point, Florida?

About 34.3% of people in Canal Point, Florida live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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