As part of the Thrikkakara Municipality and the larger Kochi urban agglomeration, Kakkanad has seen explosive population growth over the last two decades. While historical census data for the specific Kakkanad village area indicates tens of thousands of residents, the floating and resident population of the IT corridor pushes the regional footprint much higher.
The demographic makeup of Kakkanad is remarkably cosmopolitan for Kerala. While the foundation of the population consists of native Malayalis, the IT boom has brought in a large influx of young professionals from across India, altering the cultural and linguistic fabric of the area. Literacy rates are exceptionally high, mirroring Kerala's state average of over 94%. The workforce is heavily concentrated in the tertiary sector, with high employment in technology, real estate, education, and government services.