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Canyon, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
15,723
Population
$69,772
Median Income
$240,300
Home Value
28.7
Median Age

Demographics

Canyon has a population of 15,723 with a median age of 28.7. Here is the racial and ethnic breakdown of the population:

White
79.6%
Hispanic
19.5%
Black
3.1%
Asian
0.9%
Demographic Value
Total Population15,723
Median Age28.7
White79.6%
Black or African American3.1%
Asian0.9%
Hispanic or Latino19.5%
Canyon, Texas — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 103.White: 77.2%Hispanic/Latino: 18.9%Black: 3.0%Other: 0.9%15,723PopulationWhiteWhite77.2%Hispanic/LatinoHispanic/Latino18.9%BlackBlack3.0%OtherOther0.9%

Income & Economy

The median household income in Canyon is $69,772, which is 13.4% below the national median of $80,610. The per capita income is $31,182. The poverty rate is 13.1%.

$69,772
Median Household Income
$31,182
Per Capita Income
13.1%
Poverty Rate

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Education

In Canyon, 95.6% of residents age 25+ have a high school diploma or higher, and 44.7% hold a bachelor's degree or higher (15.8% with a graduate or professional degree).

HS Diploma+
95.6%
Bachelor's+
44.7%
Graduate+
15.8%
Education Level % of Adults (25+)
High School Diploma or Higher95.6%
Bachelor's Degree or Higher44.7%
Graduate or Professional Degree15.8%

Housing

The median home value in Canyon is $240,300, below the national median of $303,400. The median monthly rent is $984. The homeownership rate is 54.1%.

$240,300
Median Home Value
$984/mo
Median Rent
54.1%
Homeownership Rate
Housing Metric Value
Median Home Value$240,300
Median Monthly Rent$984
Homeownership Rate54.1%
Vacancy Rate8.1%

Salaries in Texas

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Frequently Asked Questions

What is the population of Canyon, Texas?
The population of Canyon, Texas is 15,723 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Canyon, Texas?
The median household income in Canyon, Texas is $69,772. This is 13.4% below the national median of $80,610.
What is the median home value in Canyon, Texas?
The median home value in Canyon, Texas is $240,300. The median monthly rent is $984.
What percentage of people in Canyon have a college degree?
In Canyon, Texas, 44.7% of adults age 25 and older hold a bachelor's degree or higher, and 95.6% have a high school diploma or higher.
Is Canyon, Texas an affordable place to live?
The home price-to-income ratio in Canyon, Texas is 3.4x (median home value $240,300 vs. median income $69,772), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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