Canaan median real estate prices are $99,045, which is more expensive than 43.5% of the neighborhoods in South Carolina and 24.7% of the neighborhoods in the U.S.

Average rental prices in Canaan are currently $412, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 71.1% of South Carolina neighborhoods.

Canaan is a suburban neighborhood (based on population density) located in Spartanburg, South Carolina.

Canaan real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Canaan neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Canaan has a 10.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.6% of American neighborhoods). This could either signal that there is weak demand for real estate in the neighborhood, or that much of the housing stock is seasonally occupied, which can occur in some markets dominated by colleges or vacation homes. Either way, if you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

While most Americans do drive to work alone each day, the Canaan neighborhood stands out by having 95.3% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.5% of all American neighborhoods.

In addition, the real estate in this neighborhood consists of more mobile homes than 95.0% of all neighborhoods in America, with 30.3% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

There are two complimentary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Canaan neighborhood in Spartanburg are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 80.5% of U.S. neighborhoods. With 27.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.0% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place. In the Canaan neighborhood, 36.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.7%), and 17.0% in clerical, assistant, and tech support occupations.

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco. In the Canaan neighborhood in Spartanburg, SC, residents most commonly identify their ethnicity or ancestry as Irish (12.0%). There are also a number of people of German ancestry (6.3%) , and residents who report English roots (4.1%) , and some of the residents are also of Mexican ancestry (3.0%) , along with some Scottish ancestry residents (2.9%), among others.

The most common language spoken in the Canaan neighborhood is English, spoken by 92.9% of households. Some people also speak Spanish (4.6%).

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Canaan neighborhood spend between 15 and 30 minutes commuting one-way to work (42.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (95.3%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.