New York / County

Moving to Canal Street, NY

Thinking of making a move to Canal Street, NY? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Canal Street, NY

Considering a move to Canal Street, NY? This welcoming community of 32,000 residents offers a blend of suburban charm and convenience, with median home prices around $1,120,000 and average rents near $3,100. Commute times average 31 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (58% annually), ideal for families and commuters alike. Explore Canal Street's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Canal Street, NY

Canal Street has a population of 32,000 residents, offering a diverse community with a median age of nearly 36 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 38% White, 7% Black, and 32% Asian residents, and over 30% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
32,000
Density
18,000 per sq mi
Median Age
36.2
Gender Ratio
96 males per 100 females
Non-English Speakers Percentage
29.5%

Ethnic Composition

White
38.0%
Black
7.0%
Asian
31.5%
Others
23.5%

Cost Of Living

What is the average cost of living in Canal Street, NY?

The cost of living in Canal Street is higher than the national average, with a cost of living index of 187.3. Median home values are around $1,120,000 and average rents for a two-bedroom apartment are approximately $3,100. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$1,120,000
Gross Rent
$3,100
Monthly Electricity Charges
$120
Auto Insurance
$2,050
House Owner Cost With Mortgage
$4,300
House Owner Cost Without Mortgage
$1,150
State Taxes
Low: 4%| High: 10.9%
Cost Of Living Index
187.3
Grocery
145.2
Housing
260.7
Utilities
128.4
Transportation
131.6
Health Care
121.3
Miscellaneous
115.5

Crime

Is Canal Street, NY a safe place to live?

Canal Street is considered a safe community, with a low violent crime rate of 295 incidents per 100,000 residents and a property crime chance of 1 in 55. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in New York.

Violent Crimes Per 100k
295
Property Crimes Per 100k
1,810
Crime Index
2,105
Chance Of Violent Crime
1 in 339
Chance Of Property Crime
1 in 55

Weather

What is the weather like in Canal Street, NY year-round?

Canal Street experiences four distinct seasons, with warm summers reaching highs of 86°F and cold winters dipping to 28°F. The area receives about 50 inches of rainfall annually and enjoys sunshine on 58% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
28°F
Max
42°F

Summer

Min
68°F
Max
86°F

Spring

Min
47°F
Max
69°F

Fall

Min
51°F
Max
71°F
Average Rainfall Inches
49.9 inches
Sunny Days Percentage
58%

Neighbors

The neighborhood boasts a healthy median household income of $94,100 and a low poverty rate of 13.2%. Over 92% of residents have at least a high school diploma, and nearly 53% hold a bachelor's degree or higher. Commute times average 31 minutes, and almost 54% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$54,500
Household Income
$94,100
Family Income
$103,500
Per Capita Income
$48,800
Income Male
$56,400
Income Female
$50,300
Poverty Rate
13.2%
Non English Speakers
29.5%
Rent
$3,100
Unemployment Rate
4.8%
Public Transport Usage
54.0%
Commute Time
31.2 minutes

Education

High School or Higher
91.7%
Bachelors or More
53.1%

Education

How are the schools in Canal Street, NY?

Canal Street offers quality education options, with public schools like PS 130 Hernando De Soto and PS 124 Yung Wing known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including New York University and Pace University. The community is committed to educational excellence for all age groups.

Public Schools

Name
PS 130 Hernando De Soto
Street
143 Baxter St
Phone
212-226-8076
Students
517
Student Teacher Ratio
14.1
Name
PS 124 Yung Wing
Street
40 Division St
Phone
212-966-7237
Students
750
Student Teacher Ratio
13.4

Private Schools

Name
Transfiguration School
Street
29 Mott St
Phone
212-962-5157
Students
300

Colleges

Name
New York University
City
New York
State
NY
Distance
1 mile
Students
54,000
Name
Pace University
City
New York
State
NY
Distance
1.2 miles
Students
13,600

Healthcare

Canal Street residents have access to quality healthcare, with major hospitals like NYC Health + Hospitals/Bellevue and NewYork-Presbyterian Lower Manhattan Hospital nearby. The community benefits from a high physician-to-resident ratio of 4.3 per 1,000 people and 91.2% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
NYC Health + Hospitals/Bellevue
Address
462 First Avenue, New York, NY 10016
Phone
(212) 562-5555
Type
General & Surgical
Emergency Services
Yes
Name
NewYork-Presbyterian Lower Manhattan Hospital
Address
170 William St, New York, NY 10038
Phone
(212) 312-5000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
4.3
Health Insurance Coverage
91.2%
Health Care Index
81.2

Housing Market

What is the housing market like in Canal Street, NY?

The local housing market is strong, with a median home price of $1,120,000 and an owner-occupied rate of nearly 24%. The market has seen a 5.2% appreciation over the past year, and rental vacancy rates remain moderate at 4.8%. Canal Street offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$1,120,000
Average Rent For 2 Bedroom
$3,100
Owner Occupied Rate
23.5%
Rental Vacancy Rate
4.8%
Home Appreciation Rate (1yr)
5.2%
New Construction Rate
2.0%
Foreclosure Rate
0.3%

DMV Information

Residents of Canal Street handle vehicle services through the New York State Department of Motor Vehicles, conveniently located in New York. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
New York
Department
New York State Department of Motor Vehicles
Address
11 Greenwich St, New York, NY 10004
Phone
1-212-645-5550

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Canal Street, NY

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Canal Street, review the core fields on this page: population 32,000, median home value $1,120,000, average rent for 2 bedroom $3,100, commute time 31.2 minutes, and sunny days percentage 58%.

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