The waterfront location of this neighborhood likely offers unique amenities and lifestyle options. Residents may have access to water-related activities, scenic views, and potentially higher property values associated with waterfront living. The area's proximity to water could influence its economic profile, possibly supporting tourism, recreational businesses, or marine-related industries.

Based on the national average household size, the estimated 175 housing units for the 2022 population suggests a compact living arrangement. This could indicate a mix of family homes and smaller units catering to diverse household compositions.

Despite the population decrease, the density remains relatively high. This implies that the neighborhood maintains its urban character, potentially retaining amenities and infrastructure that support a community-oriented lifestyle.

In conclusion, the Canal Waterfront neighborhood is a dense suburban area experiencing gradual population decline while maintaining urban characteristics. Its waterfront location likely influences local lifestyle and community dynamics, offering residents a combination of urban convenience and coastal living.