Canyon Lake, TX
Population 32,924 · Texas
About Canyon Lake, TX
Canyon Lake is a mid-sized city located in Texas with a population of 32,924 residents according to the latest US Census Bureau American Community Survey data. The median household income is $93,114 per year, which is 24% above the national median of $75,149. The median age of 47.8 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 $337,200, which is 38% above the national median of $244,900. This positions Canyon Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $1,242, 7% above the national average of $1,163/month. Of the 15,737 total housing units, 87% are owner-occupied (11,411 units) and 13% are renter-occupied (1,697 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Canyon Lake shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Canyon Lake have an average one-way commute time of 40.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
36.1% 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 16.2% White, 2.2% Hispanic or Latino, 1.5% Black or African American, and 2.8% Asian residents, with 4.2% of the population being foreign-born.
Cost of Living in Canyon Lake, TX
Compared to national averages, Canyon Lake has a median household income of $93,114 (24% above the national median of $75,149). Home values average $337,200, which is 38% above the national median. Monthly rent at $1,242 is 7% above the US average of $1,163. Within Texas, Canyon Lake's income is 28% above the state average of $72,726, and home values are 59% above the state median of $211,769.
Why Live in Canyon Lake, TX?
Canyon Lake offers a strong local economy with a median household income of $93,114, well above the national average, and a strong job market with an unemployment rate of just 3.2%, and a well-educated community where 36.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.4%, better than the national average.
Canyon Lake has a population of 32,924 with a median age of 47.8 years. Compare Canyon Lake with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Canyon Lake
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cleburne | 32,966 | $66,324 | $200,900 | Compare |
| Harker Heights | 33,595 | $82,685 | $269,000 | Compare |
| Hutto | 32,188 | $115,149 | $315,800 | Compare |
| Nacogdoches | 32,104 | $38,855 | $173,200 | Compare |
| Deer Park | 33,823 | $95,233 | $238,900 | Compare |
| Cibolo | 33,829 | $125,230 | $324,600 | Compare |
| West Odessa | 31,985 | $65,782 | $134,100 | Compare |
| Weatherford | 33,924 | $78,738 | $285,000 | 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.
Compare Canyon Lake With Other Cities
Frequently Asked Questions about Canyon Lake
What is the population of Canyon Lake, TX?
The population of Canyon Lake, TX is 32,924 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Texas.
What is the median household income in Canyon Lake?
The median household income in Canyon Lake, TX is $93,114 per year, which is 24% above the national median of $75,149.
What is the median home value in Canyon Lake?
The median home value in Canyon Lake, TX is $337,200, which is 38% 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, TX is $1,242, which is 7% above the national average of $1,163/month.
What is the unemployment rate in Canyon Lake?
The unemployment rate in Canyon Lake, TX is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Canyon Lake, TX a good place to live?
Canyon Lake offers above-average incomes, a competitive housing market, and a strong job market. With a population of 32,924 and a median age of 47.8, the city appeals to established professionals and retirees.
How educated is Canyon Lake, TX?
36.1% of residents in Canyon Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Canyon Lake?
Key cost-of-living indicators for Canyon Lake, TX: median home value is $337,200 (38% above national), median rent is $1,242/month, and median household income is $93,114. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Canyon Lake?
The poverty rate in Canyon Lake, TX is 7.4%, 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, TX?
Canyon Lake's population is 16.2% White, 2.2% Hispanic or Latino, 1.5% Black or African American, 2.8% Asian, and 2.3% two or more races. 4.2% of residents are foreign-born.