Canal Point is a city located in Palm Beach County Florida. With a 2020 population of 340, it is the 838th largest city in Florida and the 21390th largest city in the United States. Canal Point is currently declining at a rate of -0.58% annually and its population has decreased by -28.12% since the most recent census, which recorded a population of 473 in 2020. Spanning over 1 miles, Canal Point has a population density of 244 people per square mile.
The average household income in Canal Point is $73,195 with a poverty rate of 7.19%. The median rental costs in recent years comes to $533 per month, and the median house value is $154,800. The median age in Canal Point is 46.3 years, 38.6 years for males, and 46.6 years for females.
According to the most recent ACS, the racial composition of Canal Pointwas:
Rate of Home Ownership
Average Family Size
Average Household Size
The highest rate of high school graduation is among black people with a rate of 100.00%.
The highest rate of bachelors degrees is among white people with a rate of 38.94%.
37.21% of Canal Point residents speak only English, while 62.79% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 62.79% of the population.
Overall Poverty Rate
Male Poverty Rate
Female Poverty Rate
The race most likely to be in poverty in Canal Point is White, with 14.29% below the poverty level.
The race least likely to be in poverty in Canal Point is Hispanic, with 4.82% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0.00%. Among those working part-time, it was 11.04%, and for those that did not work, the poverty rate was 12.12%.
Number of Veterans
Veteran Poverty Rate
Veteran Disability Rate
Labor Force Participation
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Born in Canal Point
72.09% of Canal Point residents were born in the United States, with 24.95% having been born in Florida. 8.03% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.