Canyon, TX
Population 15,398 · Texas
About Canyon, TX
Canyon is a mid-sized city in Texas with a population of 15,398 residents. The median household income is $68,233 per year, which is near the national average. The median age in Canyon is 28.2 years.
Housing in Canyon has a median home value of $218,300 and median monthly rent of $975. Of the 6,001 total housing units, the majority are owner-occupied, with 2,964 owner-occupied and 2,559 renter-occupied units.
The unemployment rate in Canyon is 1.9% and the poverty rate is 12.0%. 43.3% of residents hold a bachelor's degree or higher. The average commute time is 21.7 minutes.
Cost of Living in Canyon, TX
Compared to national averages, Canyon has a median household income of $68,233 (9% below the national median of $75,149). Home values average $218,300, which is 11% below the national median. Monthly rent at $975 is 16% below the US average of $1,163. Within Texas, Canyon's income is 6% below the state average of $72,726, and home values are 3% above the state median of $211,769.
Why Live in Canyon, TX?
Canyon offers affordable housing with a median home value of $218,300, below the US average of $244,900, and rent that’s lower than the national average at $975/month, and a strong job market with an unemployment rate of just 1.9%. Additionally, the city features a well-educated community where 43.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 12.0%, better than the national average, and short commute times averaging just 21.7 minutes.
Potential considerations include median household income ($68,233) that falls below the national average. However, Canyon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Canyon has a population of 15,398 with a median age of 28.2 years. Compare Canyon with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Canyon
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Aldine | 15,434 | $40,916 | $104,600 | Compare |
| Uvalde | 15,344 | $50,967 | $131,600 | Compare |
| Buda | 15,487 | $111,179 | $410,100 | Compare |
| Rio Grande City | 15,258 | $41,369 | $113,400 | Compare |
| Palmview | 15,650 | $46,274 | $109,400 | Compare |
| Mineral Wells | 15,130 | $54,210 | $146,100 | Compare |
| Live Oak | 15,875 | $78,092 | $227,800 | Compare |
| West University Place | 14,907 | $250,001 | $1,406,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Canyon
What is the population of Canyon, TX?
The population of Canyon, TX is 15,398 according to the latest Census data.
What is the median household income in Canyon?
The median household income in Canyon, TX is $68,233 per year.
What is the median home value in Canyon?
The median home value in Canyon, TX is $218,300.
What is the average rent in Canyon?
The median monthly rent in Canyon, TX is $975.
What is the unemployment rate in Canyon?
The unemployment rate in Canyon, TX is 1.9%.