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.
A relatively large number of people in Canyon Lake telecommute to their jobs. Overall, about 17.88% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
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.
In Canyon Lake, however, the average commute to work is quite long. On average, people spend 37.44 minutes each day getting to work, which is significantly higher than the national average.
Canyon Lake is a decent-sized town, yet no one gets to work using public transit, because the town has no real transit system.
The 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.
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.