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. Much of the housing stock in Canyon Lake was built relatively recently. The construction of new real estate can often be taken as an indication that the local Canyon Lake economy is robust, and that jobs or other amenities are attracting an influx of new residents. 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.
Canyon Lake is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Canyon Lake’s overall crime rate is lower than average for the country.
The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Canyon Lake has relatively fewer families with younger children, and/or college students. Combined, this makes Canyon Lake a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.
One downside of living in Canyon Lake is that it can take a long time to commute to work. In Canyon Lake, the average commute to work is 37.44 minutes, which is quite a bit higher than the national average.
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.