Canton, MS Profile: Facts & Data

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Canton, Mississippi - Basic Facts

The City of Canton had a population of 11,403 as of July 1, 2024.

The primary coordinate point for Canton is located at latitude 32.6126 and longitude -90.0368 in Madison County. The formal boundaries for the City of Canton encompass a land area of 21.35 sq. miles and a water area of 0.27 sq. miles. Madison County is in the Central time zone (GMT -6).

The City of Canton 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 Supervisor District 5, a minor civil division (MCD) of Madison County.


Jump to... (On This Page!)
  1. Canton 2024 Demographic Data
  2. Growth Rates for Canton (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Mississippi Research Tools (Easy Tools & Current Data)
  3. Mississippi Data Comparison Tool - 2024 Demographics
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Canton, MS Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 11,403 (100%)
Population in Households 10,782 (94.6%)
Population in Families 8,498 (74.5%)
Population in Group Quarters1 621 ( 5.4%)
Population Density 536
Diversity Index2 55
 
 

INCOME

Median Household Income $37,329
Average Household Income $52,972
% of Income for Mortgage4 25%
Per Capita Income $20,627
Wealth Index5 38
Socioeconomic Status Index6 Low (38.6)
 

HOUSING

Total HU (Housing Units) 4,851 (100%)
Owner Occupied HU 2,298 (47.4%)
Renter Occupied HU 1,972 (40.7%)
Vacant Housing Units 581 (12.0%)
Median Home Value $147,113
Average Home Value $203,557
Housing Affordability Index3 103
 

HOUSEHOLDS

Total Households 4,270
Average Household Size 2.53
Family Households 2,670
Average Family Size 3.00
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.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 0.96% 0.74%
Households 1.21% 1.12%
Families   0.98%
Median Household Income   1.60%
Per Capita Income   3.80%
Owner Occupied HU   1.67%

Canton, MS - Peer Comparisons by Rank and Percentile

The table below compares Canton to the other 427 incorporated cities, towns and CDPs in Mississippi by rank and percentile using July 1, 2024 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 # 37 92nd
Population Density # 137 68th
Median Household Income # 301 30th
Housing Affordability Index # 110 26th
Per Capita Income # 331 23rd
Diversity Index # 114 73rd

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

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