Canaan, Indiana is an unincorporated census-designated place located in Hendricks County. It is ranked #48 out of the 362 places in Indiana according to the BestPlaces rankings. The rankings are based on factors such as cost of living, crime rate, schools, education and leisure activities. The overall ranking for Canaan is 45.6 and has a population of 2,104 people. It also has an unemployment rate of 3.7%, which is quite low compared to other areas in the state. Canaan also ranks high in education with a score of 7.3 out of 10 for its schools and colleges. In addition, its cost of living index is 85 and crime index stands at 81 out of 100 for safety. This makes it one of the better places to live in Indiana according to BestPlaces rankings.
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