Canaedea, New York.
Typical home $214,379 (+5.3% in a year).
to buy the typical home at today's mortgage rate — +$217 (+24%) since Jan 2024.
- 1 year
- Up $10,722 +5%
- $203,656$214,379 since Sep 2025
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Canaedea$1,125
- New York$2,755
- United States$1,922
Typical home values in Canaedea, NY rose 5.3% over the past year — faster than the nation's +1.2%.
Living in Canaedea, Allegany County, New York
The Census does not count Canaedea on its own, so the figures here are Allegany County's. Half the county's households earn more than $62,869 a year and half less; 16% of the county's people live below the poverty line. 79% of the county's homes are lived in by their owners and 21% are rented. Unemployment in Allegany County was 5.0% in August 2026, and the county had 0.2% fewer jobs in 2025 than the year before. The most people in Allegany County work in schools and health care, then manufacturing.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Canaedea is a small town in Allegany County, in the western part of New York State. Most homes here are lived in by their owners, and a smaller share are rented. Winters are cold and snowy, summers are warm, and rain and melted snow fall through much of the year. Incomes are modest, and a notable share of households live near or below the poverty line, so the town tends to be a place where neighbors look out for one another.
Work. Many residents work in schools, hospitals and social care, which are the largest kinds of work people here do. Manufacturing, shops, and restaurants, hotels and entertainment also employ a good number of people. Unemployment has edged up over the past year, and the number of jobs in the county has eased slightly. Most people drive to work, and only a few work from home. A minority of adults hold a four-year degree.
Things to do. Letchworth State Park is a protected area a longer drive away, and it is one of the best known places to visit in the region. Angelica Raceway, a race track, is a short drive away for anyone who enjoys motor sports. Almond Lake, a reservoir a longer drive away, offers a quieter place to spend time outdoors.
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- 17,710households
- 38.7median age
- 25%of adults have a degree
- 16%below the poverty line
- 23 mintypical commute
- 9%work from home
What people in Allegany County work in
Employed residents by industry, from the Census survey. Allegany County had 13,544 jobs in 2025, 0.2% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 13°; warmest in July, with highs near 80° and lows near 55°. About 72 inches of snow and 40 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Angelica weather station, 4 miles away (NOAA).
Largest workplaces in Allegany County
- SUNY College of Technology at AlfredUniversity or college643
- Alfred UniversityUniversity or college608
- Otis Minnesota ServicesOil pipeline construction556
- Saputo Cheese USACheese manufacturing380
- HrncSkilled nursing facilities338
- Jones Memorial HospitalGeneral hospital304FTE
- Wellsville Central School DistrictSchool district285FTE
- Arvos LjungstromPlate work, fabricated metal, manufacturing271
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 20 workplaces with 20 or more staff, 2,442 people in all. Colleges come from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingRelatively moderate
- Strong windRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Allegany County, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Allegany County.
Canaedea home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Canaedea$214,379
- New York$524,942
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Canaedea9
Zip codes with a Canaedea address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Canaedea — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.