Canton, SD Profile: Facts & Data

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Canton, South Dakota - Basic Facts

The City of Canton had a population of 3,278 as of July 1, 2023. Canton ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in South Dakota. See peer rankings below.

The primary coordinate point for Canton is located at latitude 43.3008 and longitude -96.5928 in Lincoln County. The formal boundaries for the City of Canton encompass a land area of 3.25 sq. miles and a water area of 0.02 sq. miles. Lincoln County is in the Central time zone (GMT -6).

The City of Canton has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Canton 2023 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. South Dakota Research Tools (Easy Tools & Current Data)
  3. South Dakota Data Comparison Tool - 2023 Demographics
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Canton, SD Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 3,278 (100%)
Population in Households 3,215 (98.1%)
Population in Families 2,579 (78.7%)
Population in Group Quarters1 63 ( 1.9%)
Population Density 1,003
Diversity Index2 14
 
 

INCOME

Median Household Income $77,289
Average Household Income $102,055
% of Income for Mortgage4 14%
Per Capita Income $41,529
Wealth Index5 95
Socioeconomic Status Index6 Moderate (56.9)
 

HOUSING

Total HU (Housing Units) 1,439 (100%)
Owner Occupied HU 1,024 (71.2%)
Renter Occupied HU 309 (21.5%)
Vacant Housing Units 106 ( 7.4%)
Median Home Value $176,224
Average Home Value $213,867
Housing Affordability Index3 167
 

HOUSEHOLDS

Total Households 1,333
Average Household Size 2.41
Family Households 815
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

2020-2023 2023-2028
Population 2.08% 1.53%
Households 2.10% 1.58%
Families   1.59%
Median Household Income   2.41%
Per Capita Income   3.67%
Owner Occupied HU   1.99%

Canton, SD - Peer Comparisons by Rank and Percentile

The table below compares Canton to the other 486 incorporated cities, towns and CDPs in South Dakota by rank and percentile using July 1, 2023 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 # 25 95th
Population Density # 86 83rd
Median Household Income # 114 77th
Housing Affordability Index # 411 85th
Per Capita Income # 132 73rd
Diversity Index # 312 36th

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

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