
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Canyon, Texas is a moderately-sized city with a population of 16,086 inhabitants. If we look at the most recent Census, Canyon is known to have a predominantly White population. The next two most common races are Black and Asian. If you are a young adult or student, you might be pleased to know that the average age of all Canyon residents is 26. Single men and women might be happy to hear that in Canyon, only 48% of the population is married. If you're not a fan of traffic congestion and long commute times to work, Canyon is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 20 minutes, significantly lower than the national average of 26 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Canyon, Texas could be a great experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Canyon and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, commute, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
Canyon has a livability score of 71 out of 100 and is ranked #293 in Texas and #6,280 in the USA. For each of the livability categories, we know that Canyon ranks very well for crime (A), cost of living (A+), education (B-), employment (B-) and housing (A+). On a more negative note, Canyon does not have favorable grades for the following: amenities (F). If we take a look at the data, we can find out why.
Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 54 crimes per 100,000 residents, Canyon has a violent crime rate that is far below the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Canyon has an unemployment rate of 2.5% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Finding affordable real estate and housing in Canyon can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Canyon is actually affordable. Median real estate prices in Canyon come in at $300,350, which is 17% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Canyon, the home price to income ratio is 3.3, which is 3.1% higher than the Texas average.

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| Statistic | Canyon | Texas | National |
| Average one way commute | 20min | 26min | 26min |
| Workers who drive to work | 80.4% | 80.3% | 76.4% |
| Workers who carpool | 8.3% | 10.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 1.8% | 0.3% | 0.6% |
| Workers who walk | 5.4% | 1.6% | 2.8% |
| Working from home | 2.8% | 4.3% | 4.6% |