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Cost of living, pay and housing

32.39° N · 97.74° W · GEOID 4812562

Canyon Creek

Hood County, Texas · part of the Granbury, TX metro

Limited data population under 5,000

TexasCanyon Creek, TXCanyon CreekCanyon Creek

The short answer

Canyon Creek is home to 1,646 people. Median household income is $92,109 a year and median rent is $2,036 a month, 26.5% of income (a ratio of two medians, not any one household's burden). Rent pressure is moderate. The median home is valued at $262,700, about 2.9x annual median household income.

Median gross rent
$2,036
49% above the median place
Median household income
$92,109
15% above the median place
Median home value
$262,700
18% below the median place
Unemployment
0.0%
below the median place (median 4.9%)

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Canyon Creek

  • Owning with a mortgage costs about $589 a month less than the median rent, which is rarer than in 99% of the 2,469 places under 10,000 people we track. It is the lowest of 413 Texas places.
  • Unemployment averaged 0.0% over the survey period, lower than in 99% of places its size. It is the lowest of 295 Texas places.
  • Households average 3.57 people, larger than in 97% of places its size.
  • The median resident is 26.5 years old, younger than in 97% of places its size.
  • Half the homes were built after 2007, newer housing than in 97% of places its size.
01

Moving to Canyon Creek

Hood County gains about 23.4 residents per 1,000 a year to moves between counties.

Moved in5,290
Moved out4,010
Net+1,280

Where people come from and where they go, top counties

Tarrant County, TX1,191701+490
Somervell County, TX116157−41

Within Texas, other states or abroad

Arrivals
Leavers
Within TexasOther states

Income per tax return

Arrivals$88K
Leavers$74K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Hood County; flows under 20 returns are not published.

Who moves here
7.2% of residents arrived from another county in the past year, 1.3% from another state. County figure.
Who arrives and who leaves
Households moving into Hood County report $87,800 a year in income on average; those leaving, $74,200, so newcomers earn more than leavers.
Income you would need
$81,400 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $2,036 a month; owners with a mortgage pay $1,447 a month including taxes and insurance, on a median home of $262,700.
Getting to work
38 minutes each way on average; 24.0% work from home.
If it is close but not quite
Conning Towers-Nautilus Park, CT matches it on character. Compare the two
Net movers per 1,000 people5
23.4
above the median place (median -0.6)
Moved from another state1
1.3%
36% below the median place
Income of households moving in5
$87,825
24% above the median place
All 5 moving measures
MeasureCanyon CreekAmong 6,645 placesVs median
Moved here in the past year1County figure7.2%26% above
Moved from another state1County figure1.3%36% below
Net movers per 1,000 people5County figure23.4above (median -0.6)
Income of households moving in5County figure$87,82524% above
Income of households moving out5County figure$74,1916% above
02

What it costs to live here

Median year built is 2007, 1% above the median place.

Canyon Creek26.5%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$81,440
a year, at the 30% line
Rent to income
26.5%
30% above the median place
Home price to income
2.9x
25% below the median place

Could you afford it?

The median rent would take
27%
just under the 30% line
Left after rent, in US prices
$67,600
a year, prices not adjusted
Vs the typical household here
Same
as the median household

Uses the median rent in Canyon Creek, $2,036 a month. It runs in your browser and stores nothing.

Like Canyon Creek, but easier on the budget

Close matches on income, rent, home value, education and age, where rent takes a clearly smaller share of income.

PlaceRent to incomeMore left a year
Goddard, KS22.4% vs 26.5%n/aCompare
Hebron, KY16.8% vs 26.5%n/aCompare
Josephine, TX22.3% vs 26.5%n/aCompare

Moving from somewhere else? Work out the salary you would need in Canyon Creek.

Sponsored · exampleMoving to Canyon Creek? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Median year built1
2007
1% above the median place
Homeownership1
86.8%
31% above the median place
Owner costs with a mortgage1
$1,447
23% below the median place
All 14 cost and housing measures
MeasureCanyon CreekAmong 6,645 placesVs median
Median gross rent1$2,03649% above
Rent to income126.5%30% above
Property tax rate10.9%1% below
Home price to income12.9x25% below
Fair market rent, 2 bedrooms2County figure$1,4639% below
Property tax paid (median)1$2,35728% below
Median home value1$262,70018% below
Home prices, 1-year change3County figure2.6%19% below
Home prices, 5-year change3County figure54.8%6% above
Homeownership186.8%31% above
Renters paying 30%+1County figure46.0%9% below
Owner costs with a mortgage1$1,44723% below
Vacant homes1County figure12.2%73% above
Median year built120071% above
03

Work and pay

Unemployment is 0.0%, below the median place (median 4.9%).

Unemployment1
0.0%
below the median place (median 4.9%)
Commutes by transit1
0.0%
below the median place (median 0.8%)
Mean commute1
38 min
51% above the median place

More on work and pay, against the typical place

Works from home24.0% +93%
Income per person$28,329 −29%
Median household income$92,109 +15%
All 10 work and pay measures
MeasureCanyon CreekAmong 6,645 placesVs median
Median household income1$92,10915% above
Income per person1$28,32929% below
Unemployment10.0%below (median 4.9%)
Average annual pay4County figure$54,14418% below
Pay growth, 1 year4County figure5.0%35% above
Jobs4County figure18,78288% below
Poverty rate1County figure7.7%29% below
Mean commute138 min51% above
Works from home124.0%93% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Median age is 26.5, 32% below the median place.

Median age1
26.5
32% below the median place
Household size1
3.6
43% above the median place
High school or higher1
95.8%
4% above the median place
All 8 people measures
MeasureCanyon CreekAmong 6,645 placesVs median
Population11,6466646th largest
Median age126.532% below
Bachelor's or higher126.6%17% below
High school or higher195.8%4% above
Household size13.643% above
Born abroad1County figure4.4%51% below
No health insurance1County figure14.2%122% above
Homes with broadband192.0%0% below
05

Life in Canyon Creek

4 sites are on the National Register of Historic Places.

Out the door, against the typical place

Parks per 10k residents0.0 −100%
Playgrounds per 10k0.0 −100%
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k0.0 −100%
Libraries per 10k0.0 −100%
Named paths and bike trails0 km −100%
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars19.4 −7%
Shops29.4 −3%
Arts, recreation and fitness4.7 +15%
Doctors' offices and clinics17.5 −13%
Child care centers1.7 −26%

Counts businesses with paid staff, so small owner-run shops are not included.

Child care centers per 10k6
1.7
26% below the median place
Public schools9
18
100% above the median place
Public school students9
9,530
95% above the median place
All 16 schools and local life measures
MeasureCanyon CreekAmong 6,645 placesVs median
Public schools9County figure18100% above
Public school students9County figure9,53095% above
Students per teacher9County figure14.84% below
Restaurants and bars per 10k6County figure19.47% below
Shops per 10k6County figure29.43% below
Arts, recreation and fitness per 10k6County figure4.715% above
Doctors' offices and clinics per 10k6County figure17.513% below
Child care centers per 10k6County figure1.726% below
Parks per 10k70.0below (median 10.2)
Playgrounds per 10k70.0below (median 9.4)
Grocery stores per 10k70.0below (median 2.1)
Restaurants, cafes and bars per 10k70.0below (median 11.2)
Libraries per 10k70.0below (median 0.9)
Named paths and bike trails70.0below (median 2.0)
Transit stops per sq mi70.0below (median 0.2)
National Register listings8County figure469% below
06

Safety, weather and risk

July average high is 96°F, 10% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Canyon Creek. Larger places are fetched first.

July average high10
96°F
10% above the median place
Average temperature10
66°F
20% above the median place
Median air quality index12
38
12% below the median place
All 11 weather and risk measures
MeasureCanyon CreekAmong 6,645 placesVs median
July average high10County figure96°F10% above
January average low10County figure34°F37% above
Average temperature10County figure66°F20% above
Annual precipitation10County figure35.1 in20% below
Natural hazard risk11County figure70.524% below
Hurricane risk11County figure52.925% below
Tornado risk11County figure92.113% above
Wildfire risk11County figure91.349% above
Heat wave risk11County figure79.612% below
Median air quality index12County figure3812% below
Good air days12County figure83.4%22% above
08

Canyon Creek in 2030: where the trends point

If recent trends hold, the median rent will take about 28% of the median income in 2030, up from 27% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$2,036/mo (2024)$2,750/mo$2,260 to $3,350/mo+5.1%
Median household income$92,109 (2024)$119,500$101,000 to $141,000+4.4%
Median home value$262,700 (2024)$428,000$311,000 to $590,000+8.5%

The median home would be worth 3.6 years of the median income in 2030, against 2.9 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Canyon Creek

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Conning Towers-Nautilus Park, CT$1,856$81,694Compare
Sonterra, TX$1,854$92,319Compare
Venus, TX$1,888$106,023Compare
Heartland, TX$2,333$92,996Compare
Heartland, TXVenus, TXSonterra, TXConning Towers-Nautilus Park, CTCanyon Creek, TXCanyon CreekConning Towers-Nautilus ParkSonterraVenusCanyon CreekConning Towers-Nautilus ParkSonterraVenus

Common questions

Is Canyon Creek a good place to live?

It depends on what you need, so here is what the numbers say. Owning with a mortgage costs about $589 a month less than the median rent, which is rarer than in 99% of the 2,469 places under 10,000 people we track. It is the lowest of 413 Texas places. Unemployment averaged 0.0% over the survey period, lower than in 99% of places its size. It is the lowest of 295 Texas places. See how it ranks with your own weights.

Is Canyon Creek expensive to live in?

The median rent takes 26.5% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $262,700.

What salary do you need to live in Canyon Creek?

To rent the median home without spending more than 30% of income on rent, a household needs about $81,440 a year. Work it out from your current city.

What places are similar to Canyon Creek?

On income, rent, home value, education and age, the closest matches are Conning Towers-Nautilus Park, CT, Sonterra, TX, Venus, TX and Heartland, TX.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  3. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  4. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  5. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  6. County Business Patterns · US Census Bureau · 2023 data
  7. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  8. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  9. Common Core of Data · National Center for Education Statistics · 2024 release
  10. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  11. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  12. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Canyon Creek with places of a similar size, using only figures measured for Canyon Creek itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/canyon-creek-texas

Citytistics. “Canyon Creek, Texas.” Data as of 2026-11-14. https://www.citytistics.com/city/canyon-creek-texas/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.