Median Income
$67,631
household / year
Median Home Value
$198,600
owner-occupied
Median Rent
$919
gross / month
Cost of Living
91
national avg = 100

Is Canyon, TX a Good Place to Live?

Canyon is a small city of 15,089 in Texas, with a median household income of $67,631 and a 2.6% unemployment rate. Its cost of living index is 91 (US average = 100), which is 9% below the national average.

Strengths: Canyon stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (A-), a well-educated population, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Canyon is right for you depends on your priorities — the full breakdown is below.

All Canyon city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 90.8

Canyon's overall cost of living index is 90.8, where 100 represents the US national average. Living in Canyon costs roughly 9% less than the average American city.

Metric Canyon, TX National Avg
Median Home Value $198,600 $244,900
Median Monthly Rent $919 $1,163
Homeownership Rate 54.4% 65.9%
Median Household Income $67,631 $74,755

Crime & Safety

Very Safe

Canyon's violent crime rate is 54.2 per 100,000 residents — 86% lower than the national average of ~380 per 100,000.

Violent Crime
54.2 /100k
Property Crime
674.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Canyon is served primarily by CANYON ISD. The student-to-teacher ratio is 15.2:1 (better than the national average of ~16:1).

Metric Canyon, TX National Avg
School District CANYON ISD
Elementary Schools 10
Middle Schools 6
High Schools 4
Student/Teacher Ratio 15.2:1 16:1
Bachelor's Degree or Higher 45.8% 35.4%
High School Diploma or Higher 94.5% 91.1%

Weather & Climate

Canyon sees average highs of 52.3°F in January and 92.7°F in July, with 18.4 inches of annual precipitation and 7.6 inches of snow per year.

MetricCanyon, TX
Average High — January52.3°F
Average High — July92.7°F
Annual Precipitation18.4"
Annual Snowfall7.6"

Demographics

MetricCanyon, TXNational Avg
Population15,089
Median Age28.838.9
Unemployment Rate2.6%3.7%
Avg Commute Time20.2 min26 min
White (non-Hispanic)81.0%59.3%
Black or African American2.9%13.6%
Hispanic or Latino11.8%18.9%
Asian2.3%6.3%
Under 1822.2%22.2%
65 and over11.1%16.8%

Nearby Cities

ZIP Codes in Canyon

Canyon, TX is covered by 2 ZIP codes:

Canyon vs Other Cities

Frequently Asked Questions

Canyon's cost of living index is 91, where 100 is the national average. That makes Canyon roughly 9% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $198,600 and median rent is $919/month.
Canyon's violent crime rate is 54.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 674.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Canyon are operated by CANYON ISD. The district has 10 elementary, 6 middle, and 4 high schools. The student-to-teacher ratio is 15.2:1. 45.8% of adults 25+ hold a bachelor's degree or higher.
Canyon, TX has a population of 15,089, a median household income of $67,631, and an unemployment rate of 2.6%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Canyon averages 52.3°F in January and 92.7°F in July. Annual rainfall is 18.4 inches with about 7.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Canyon, TX is covered by 2 ZIP codes: 79015, 79016.
The population of Canyon, Texas is 15,089 with a median age of 28.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Canyon: cost of living index 91 (100 = US average), median home $198,600, median household income $67,631, crime index 21 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Canyon side by side with your current city to see the trade-offs.