Cost Of Living
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.
Crime
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.
Housing
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.
Ratings
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.
Amenities
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.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Health & Safety
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 mid-sized city with a population of 15,648 inhabitants. At 87%, the majority of the Canyon population is White; this is followed by 3% Black and 2% Asian. Canyon could be a great place for young adults and students as the average age of 26 years old is below the nation’s average. In Canyon, only 48% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. 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.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the town before actually living in Canyon, Texas. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like cost of living, commute, education, housing and other key data points, finding the best places to live in Canyon and in the areas around Canyon is a much easier task.
Canyon has a livability score of 70/100 and is ranked #305 in Texas and #6,341 in the USA. Based on the scores for each individual category, Canyon has been rewarded with high marks for crime (A+), cost of living (A+), education (B) and housing (A-). Canyon does not do well for the following: amenities (F). It might be a smart idea to take a closer look at each category to find out why.
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Canyon shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 166 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Canyon has an unemployment rate of 2.34% 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.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Canyon market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Canyon is real estate affordability. Median real estate prices in Canyon come in at $168,100, which is 17.8% 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 2.8, which is 7.7% higher than the Texas average.
| 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% |
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