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Canyon, Texas Demographics & Population 2026

During the 2020–2024 ACS period, Canyon, Texas had a total population of 15,723, the 203rd largest city in Texas, with a median household income of $69,772, which is 11% lower than the state average. The poverty rate is 13.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Canyon Quick Facts

Population 15,723
Median Household Income $69,772
Median Home Value $240,300
Poverty Rate 13.1%
Unemployment Rate 3.1%
Median Age 28.7 years
Homeownership Rate 54.1%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 44.7%
High School Graduation Rate 95.7%
Diversity Index 40/100
Population 15,723 203rd of 1,795
Median Income $69,772 average
Poverty Rate 13.1% 5% higher than national
Median Home Value $240,300 above average

How Canyon Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population15,39815,723+2.1%
Median household income$68,233$69,772+2.3%
Median home value$218,300$240,300+10.1%

How Canyon Compares

Economy & Housing

Household Income Distribution

Under $25K 20.6%
$25K-$50K 14.6%
$50K-$100K 30.7%
$100K+ 34.1%
Detailed income brackets
Under $10K
8.7%
$10K-$15K
4.3%
$15K-$20K
3.3%
$20K-$25K
4.4%
$25K-$30K
3.5%
$30K-$35K
2.3%
$35K-$40K
2.1%
$40K-$45K
4.3%
$45K-$50K
2.4%
$50K-$60K
6.3%
$60K-$75K
11.1%
$75K-$100K
13.3%
$100K-$125K
11.6%
$125K-$150K
7.1%
$150K-$200K
11.3%
$200K+
4.1%

Employment

3.1% Unemployment Rate State: 5.3%|National: 5.2%
63.0% Labor Force Participation

Housing Overview

Owner 54.1%
Renter 45.9%
Affordability Index Affordable
3.4x home value to income ratio
Median gross rent $984/mo 16.9% of median household income annually

People & Demographics

Diversity Index

40out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 67 | National average: 61

Education

Canyon Rankings in Texas

#203 Population of 1,795
#659 Median Income of 1,546
#196 Education of 1,795
#492 Home Value of 1,542

Other Cities in Randall County

CityPopulationMedian IncomePovertyHome Value
Amarillo 201,885 $65,912 15.8% $196,900
Bushland 2,779 $146,071 1.3% $424,900
Rockwell Place 2,016 $57,188 10.2% $91,600
Happy 647 $55,313 29.2% $91,800
Lake Tanglewood 624 $120,625 6.7% $633,600
Timbercreek Canyon 528 $145,278 3.6% $400,000
Palisades 265 $73,750 7.2% $267,200

Cities Similar to Canyon

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lockhart15,326$68,400$251,60021.2%13.0%
Live Oak15,984$79,696$246,30032.1%5.5%
Sulphur Springs16,401$62,397$217,80021.6%14.7%
Groves16,976$73,710$163,60014.9%8.0%
Azle14,126$68,514$287,10022.0%12.2%

Population Overview

Canyon is a small city located in Texas, within Randall County. The total population is 15,723. It ranks as the 203rd most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Canyon is 28.7 years. This is 19% lower than the state median of 35.6 years.

Economy, Income & Housing

The median household income in Canyon is $69,772. This is 11% lower than the state median of $78,476. It is also 14% lower than the national median of $80,734. The poverty rate stands at 13.1%. This is 5% lower than the state poverty rate of 13.8%. The unemployment rate is 3.1%. This is 40% lower than the state rate of 5.3%. The median home value is $240,300. Housing costs are 15% lower than the state median of $283,800. The home-value-to-income ratio is 3.4x. 54.1% of occupied housing units are owner-occupied. This homeownership rate is 14% lower than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Canyon is White (non-Hispanic), making up 74.7% of the population. Hispanic or Latino residents account for 19.5%. The White (non-Hispanic) population is significantly higher than the state average (74.7% vs 39.1%). The Black or African American population (3.1%) is well below the state average of 11.9%. The Hispanic or Latino population (19.5%) is well below the state average of 39.7%. The Asian population (0.9%) is well below the state average of 5.5%.

Education

44.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% higher than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.7%. Notably, 15.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Canyon, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Canyon, Texas?

Canyon, Texas has a population of 15,723 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Canyon, TX?

The median household income in Canyon is $69,772, which is 14% lower than the national median of $80,734.

What is the poverty rate in Canyon, TX?

The poverty rate in Canyon is 13.1%. This means approximately 1,840 residents live below the federal poverty line.

What is the racial makeup of Canyon, Texas?

Canyon's population is 74.7% White, 3.1% Black, 19.5% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Canyon, TX?

The median home value in Canyon is $240,300. The home-value-to-income ratio is 3.4x.

How educated is Canyon, Texas?

44.7% of adults (25+) in Canyon hold a bachelor's degree or higher, and 15.8% hold a graduate or professional degree.