|— City —|
Location of Canton, Texas
|- Total||5.6 sq mi (14.6 km2)|
|- Land||5.2 sq mi (13.5 km2)|
|- Water||0.4 sq mi (1.1 km2)|
|Elevation||505 ft (154 m)|
|- Density||633.8/sq mi (244.7/km2)|
|Time zone||Central (CST) (UTC-6)|
|- Summer (DST)||CDT (UTC-5)|
|GNIS feature ID||1332115|
Canton was surveyed as early as 1840 by a company of men under Dr. W. P. King. The community stands on the original survey of Jesse Stockwell, who arrived in the area at that time. No settlement was made until 1850, when the town was laid out and named by settlers moving from Old Canton in Smith County. The first district courthouse at Canton opened in 1850, and a post office, the county's fourth, was established in that year.
When the Texas and Pacific Railway built across the county in 1872, it missed Canton by ten miles, and citizens of Wills Point persuaded the county officials to move the county seat there. In the resulting dispute residents of Canton in 1877 went armed to Wills Point to get the records back, and the county judge wired Governor Richard B. Hubbard for aid. The Supreme Court of Texas finally decided in favor of Canton. Unwilling to use the railroad at Wills Point, Canton businessmen established Edgewood, ten miles (16 km) to the northwest of town, and built an extension to the railroad at a siding formerly called Stevenson.
Property for the town's first school, Canton Academy, was acquired in 1853. Sid S. Johnson began publication of the Canton Weekly Times, the county's first newspaper, in 1860. A Grange was founded in 1876. By 1890 Canton had a population of 421, flour mills, sawmills, cotton gins, and a bank. Brick buildings were under construction by 1892, and a new brick courthouse was completed in 1894. Iron ore and anthracite coal were discovered in 1887 and 1891. By 1896 the town reached a population high of 800 and had several churches, a steam gristmill and gin, two weekly newspapers, three general stores and two hotels. But residents had dropped to 421 by 1904. Canton was incorporated in 1919 and elected a mayor and aldermen. Despite the Great Depression, development of the Van oilfield after 1929 brought further expansion, and a Public Works Administration project in the 1930s completed a new courthouse in the community. In 1933 area schools registered 500 white and twenty-eight black students. The population reached 715 in 1940, but residents dwindled again after 1949. In the 1950s, local business included a sweet-potato curing plant, an ice factory, a concrete-tile factory, lumberyards, and a cotton gin. Expansion of the Canton city limits doubled its territory in the 1960s. In 1970 the community had a municipal lake with recreational facilities, seven churches, a school, a bank, a library, a newspaper, and eighty-six businesses. The population doubled between 1960 and 1970 from roughly 1,000 to 2,000, and reached nearly 3,000 by 1990. The population was 3,292 in 2000. However, the city council decide to recount the population. They found that the town had a population of 5100 instead of the previous census total of 3,292.
Canton is known for its First Monday Trade Days. According to various sources, the tradition began with district court meetings held on the first Monday of each month or with the monthly visit of neighbors in the Confederate times. The custom began with the swapping of surplus stock by barter and grew to include casual bargaining for or swapping of dogs, antiques, junk, and donkeys on a 30-acre (120,000 m2) grounds. It is so popular Canton goes from a town of 5,100 to a town of over 300,000 during the first Monday weekend, making it the largest flea market in the world. In the past, due to the success of First Monday, the city of Canton had no property tax, however, as of 2006, that is no longer the case.
Canton also holds The Van Zandt County Fair and Rodeo and the Annual Bluegrass Festival, which takes place in August. Since 2003, Canton has been the host community for the United States Equestrian Drill Championship, which showcases top color guard and mounted drill teams from throughout the country.
Canton is located at 32°33'13" North, 95°52'0" West (32.553576, -95.866710).
According to the United States Census Bureau, the city has a total area of 5.6 square miles (14.6 km²), of which, 5.2 square miles (13.4 km²) of it is land and 0.4 square miles (1.1 km²) of it is water. The total area is 7.80% water.
As of the census of 2003, there are 3,292 people (as of today around 5,100), 1,296 households, and 848 families residing in the city. The population density is 633.8 people per square mile (244.9/km²). There are 1,486 housing units at an average density of 286.1/sq mi (110.5/km²). The racial makeup of the city is 94.14% White, 2.73% African American, 0.52% Native American, 0.33% Asian, 0.09% Pacific Islander, 1.09% from other races, and 1.09% from two or more races. 3.49% of the population are Hispanic or Latino of any race.
There are 1,296 households out of which 27.0% have children under the age of 18 living with them, 51.5% are married couples living together, 10.9% have a female householder with no husband present, and 34.5% are non-families. 31.4% of all households are made up of individuals and 19.2% have someone living alone who is 65 years of age or older. The average household size is 2.30 and the average family size is 2.87.
In the city the population is spread out with 21.4% under the age of 18, 7.7% from 18 to 24, 24.2% from 25 to 44, 20.7% from 45 to 64, and 25.9% who are 65 years of age or older. The median age is 42 years. For every 100 females there are 86.9 males. For every 100 females age 18 and over, there are 83.5 males.
The median income for a household in the city is $32,098, and the median income for a family is $42,500. Males have a median income of $32,117 versus $20,598 for females. The per capita income for the city is $17,351. 11.3% of the population and 7.9% of families are below the poverty line. Out of the total population, 10.6% of those under the age of 18 and 10.9% of those 65 and older are living below the poverty line.
The City of Canton is served by the Canton Independent School District. Canton ISD is classified as a 3A school district, by the University Interscholastic League. Canton athletics include football, girls volleyball, cross country, basketball, power lifting, track and field, golf, tennis, softball, and baseball.
State Championship: Cross Country: 2
Women's Golf: 2
Canton is the home of First Monday Trade Days, held on the Thursday, Friday, Saturday, and Sunday before the first Monday of every month. It claims to be the oldest and biggest flea market in the United States.
Canton is also the host city of the annual United States Equestrian Drill Championship 
Canton is also home to the only water park in East Texas, located on I-20 just west of Canton.
Canton-Hackney Airport is just north of Canton on I-20
On July 21, 2008, Stephen Colbert made a comment on The Colbert Report about John McCain making a campaign stop in Canton, Ohio, and "not the crappy Canton in Georgia." The comment resulted in a local uproar, which prompted Stephen to apologize for the story during his July 30, 2008, show. This began a running gag on the show in which he would apologize to one town and make several jokes at the expense of another town named Canton then repeat the cycle a week later. He went on to insult Canton, Kansas (drawing the ire of Kansas governor Kathleen Sebelius) and Canton, South Dakota before turning his attention to Canton, Texas, on August 12, 2008. After apologizing to the people of Canton, South Dakota, Colbert called Canton, Texas, an "incorporated outhouse" and "one steaming pile of longhorn dung." This jab at the Texas town had been predicted by Governor Sebelius at the end of her July 31, 2008 remarks. In response to Colbert's comments, a Canton, Texas city councilman joked that he wanted Colbert to come there so he could "mash his nose". On October 28, Colbert turned his attention back to Canton, Ohio after Barack Obama made a campaign stop there, forcing Colbert to find it "crappy".