Canyon Lake is a medium-sized town located in the state of Texas. With a population of 31,124 people and nine associated neighborhoods, Canyon Lake is the 108th largest community in Texas. Canyon Lake has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Canyon Lake, where the median household income is $90,758.00.
Canyon Lake real estate is some of the most expensive in Texas, although Canyon Lake house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Canyon Lake has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 17.88% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Canyon Lake is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Canyon Lake really has some of the features that families look for when choosing a good community to raise children. Is Canyon Lake perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Canyon Lake is worth considering.
One downside of living in Canyon Lake, however, is that residents on average have to contend with a long commute, spending on average 37.44 minutes every day commuting to work.
Even though Canyon Lake is not a small town, it doesn't have a public transportation system that anybody uses for their daily commute to work.
The overall education level of Canyon Lake citizens is substantially higher than the typical US community, as 32.83% of adults in Canyon Lake have at least a bachelor's degree, and the average American community has 21.84%.
The per capita income in Canyon Lake in 2022 was $44,594, which is wealthy relative to Texas and the nation. This equates to an annual income of $178,376 for a family of four. However, Canyon Lake contains both very wealthy and poor people as well.
Canyon Lake is a very ethnically-diverse town. The people who call Canyon Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Canyon Lake residents report their race to be White, followed by Black or African-American. Canyon Lake also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 21.43% of the town’s residents. Important ancestries of people in Canyon Lake include German, English, Irish, Italian, and French.
The most common language spoken in Canyon Lake is English. Other important languages spoken here include Spanish and German/Yiddish.