The town is one of the most affluent communities in the United States. In 2008, CNN Money ranked New Canaan first in the nation with the highest median family income. New Canaan has two Metro-North railroad stations: the New Canaan station and the Talmadge Hill station, both on the New Canaan Branch of the New Haven Line. Travel time to Grand Central Terminal in New York City is approximately one hour. New Canaan is a town in Fairfield County, Connecticut, United States, 8 miles (13km) northeast of Stamford, on the Fivemile River. The population was 19,738 according to the 2010 census.