Canton, MO Profile: Facts & Data

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Canton, Missouri - Basic Facts

The City of Canton had a population of 2,284 as of July 1, 2020.

The primary coordinate point for Canton is located at latitude 40.125 and longitude -91.6252 in Lewis County. The formal boundaries for the City of Canton encompass a land area of 2.29 sq. miles and a water area of 0.3 sq. miles. Lewis County is in the Central time zone (GMT -6). The elevation is 597 feet.

The City of Canton (GNIS ID: 2393734) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Canton is located within Township of Dickerson, a minor civil division (MCD) of Lewis County.


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Canton, MO Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 2,284 (100%)
Population in Households 1,790 (78.4%)
Population in Families 1,371 (60.0%)
Population in Group Quarters1 494 (21.6%)
Population Density 1,000
Diversity Index2 20
 
 

INCOME

Median Household Income $39,506
Average Household Income $54,727
% of Income for Mortgage4 9%
Per Capita Income $19,402
Wealth Index5 47
 

HOUSING

Total HU (Housing Units) 936 (100%)
Owner Occupied HU 475 (50.7%)
Renter Occupied HU 321 (34.3%)
Vacant Housing Units 141 (15.1%)
Median Home Value $87,832
Average Home Value $118,249
Housing Affordability Index3 257
 

HOUSEHOLDS

Total Households 795
Average Household Size 2.25
Family Households 473
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -0.39% -0.5%
Households -0.41% -0.56%
Families -0.4% -0.69%
Median Household Income   0.94%
Per Capita Income   1.15%
Owner Occupied HU   -0.51%

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Canton, MO - Peer Comparisons by Rank and Percentile

The table below compares Canton to the other 1,032 incorporated cities, towns and CDPs in Missouri by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 239 77th
Population Density # 369 64th
Median Household Income # 753 27th
Housing Affordability Index # 752 73rd
Per Capita Income # 874 15th
Diversity Index # 310 70th

Additional comparisons and rankings can be made with a VERY EASY TO USE Missouri Census Data Comparison Tool.

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