Canyon Lake, CA
Population 11,107 · California
About Canyon Lake, CA
Canyon Lake is a mid-sized city located in California with a population of 11,107 residents according to the latest US Census Bureau American Community Survey data. The median household income is $124,948 per year, which is 66% above the national median of $75,149. The median age of 46.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Canyon Lake features a median home value of $647,300, which is 164% above the national median of $244,900. This places Canyon Lake in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,524, 117% above the national average of $1,163/month. Of the 4,434 total housing units, 79% are owner-occupied (3,232 units) and 21% are renter-occupied (858 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Canyon Lake shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 8.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Canyon Lake have an average one-way commute time of 48.6 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
29.5% of Canyon Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 12.6% White, 2.6% Hispanic or Latino, 1.3% Black or African American, and 3.4% Asian residents, with 5.7% of the population being foreign-born.
Cost of Living in Canyon Lake, CA
Compared to national averages, Canyon Lake has a median household income of $124,948 (66% above the national median of $75,149). Home values average $647,300, which is 164% above the national median. Monthly rent at $2,524 is 117% above the US average of $1,163. Within California, Canyon Lake's income is 28% above the state average of $97,829, and home values are 1% below the state median of $653,874.
Why Live in Canyon Lake, CA?
Canyon Lake offers a strong local economy with a median household income of $124,948, well above the national average, and a low poverty rate of 8.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $647,300. However, Canyon Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Canyon Lake has a population of 11,107 with a median age of 46.6 years. Compare Canyon Lake with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Canyon Lake
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Del Aire | 11,115 | $142,566 | $878,800 | Compare |
| Hillsborough | 11,122 | $250,001 | $2,000,001 | Compare |
| Sierra Madre | 11,020 | $141,094 | $1,172,200 | Compare |
| Piedmont | 11,012 | $250,001 | $2,000,001 | Compare |
| Sun Village | 11,009 | $68,284 | $348,100 | Compare |
| Quartz Hill | 10,968 | $104,017 | $455,500 | Compare |
| Clayton | 10,962 | $172,226 | $1,017,300 | Compare |
| Healdsburg | 11,274 | $100,082 | $946,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in California
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Canyon Lake With Other Cities
Frequently Asked Questions about Canyon Lake
What is the population of Canyon Lake, CA?
The population of Canyon Lake, CA is 11,107 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in California.
What is the median household income in Canyon Lake?
The median household income in Canyon Lake, CA is $124,948 per year, which is 66% above the national median of $75,149.
What is the median home value in Canyon Lake?
The median home value in Canyon Lake, CA is $647,300, which is 164% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Canyon Lake?
The median monthly rent in Canyon Lake, CA is $2,524, which is 117% above the national average of $1,163/month.
What is the unemployment rate in Canyon Lake?
The unemployment rate in Canyon Lake, CA is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Canyon Lake, CA a good place to live?
Canyon Lake offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 11,107 and a median age of 46.6, the city appeals to established professionals and retirees.
How educated is Canyon Lake, CA?
29.5% of residents in Canyon Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Canyon Lake?
Key cost-of-living indicators for Canyon Lake, CA: median home value is $647,300 (164% above national), median rent is $2,524/month, and median household income is $124,948. The home-value-to-income ratio is 5.2x, a moderate figure by national standards.
What is the poverty rate in Canyon Lake?
The poverty rate in Canyon Lake, CA is 8.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Canyon Lake, CA?
Canyon Lake's population is 12.6% White, 2.6% Hispanic or Latino, 1.3% Black or African American, 3.4% Asian, and 2.1% two or more races. 5.7% of residents are foreign-born.