Canyon Lake, Texas is a moderately-sized city with a population of 24,014 residents. The majority of Canyon Lake residents report their race to be White; this is followed by Black and American Indian and Alaskan. Canyon Lake is considered to be a city with an aging population. The average age of all residents is 49, which is well beyond the United States median age average. Canyon Lake has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 80% of the population is classified as married and 76% have kids.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Canyon Lake could be a positive experience compared to other cities in Texas if you know where to look. The best areas in Canyon Lake and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, weather, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
Using data and statistics Canyon Lake has received a livability score of 76/100. This score is ranked in the 84th percentile when compared to all other cities. Clearly, Canyon Lake is doing something right, as this score ranks well above the average of most cities. Based on the grades for each individual category, Canyon Lake has been rewarded with high marks for weather (A-), education (A+) and housing (B-). There are some categories that Canyon Lake ranks poorly for, including: amenities (F). It might be worth taking a closer look to figure out why.
School test scores can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Canyon Lake have a test score average of 70%, which is well above the US average.
Canyon Lake real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Canyon Lake. The median home price for Canyon Lake homes is $184,900, which is 29.6% higher than the Texas average. If we take a closer look at the affordability of homes in Canyon Lake, we’ll see that the home price to income ratio is 3.1, which is 19.2% higher than the Texas average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Canyon Lake will offer some insight into determining if your home purchase will be a solid investment for years to come. In Canyon Lake, the year-over-year appreciation rates were 13.2%, and the 5 year appreciation rates came in at 8.2%.