Canyon Lake, TX Economy


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Canyon Lake, TX is a picturesque community located in Comal County, known for its lakeside views and vibrant outdoor activities. It's an ideal place to live for those looking to enjoy the outdoors with plenty of hiking, biking, and fishing opportunities. The two bedroom rental prices are relatively low at $1,350 compared to the US average of $1,430. Additionally, the Grocery Cost Index is 95 versus 100 in the US. For those looking for work, many local employers offer jobs such as Canyon Lake Marina & Boat Rentals or Handy Man Lawn Care & Landscaping Services. Living in Canyon Lake allows you to enjoy a lower cost of living without sacrificing amenities or quality of life.

Canyon Lake has an unemployment rate of 5.7%. The US average is 6.0%.

Canyon Lake has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 45.6%, which is higher than the US average of 33.5%.

Tax Rates for Canyon Lake
- The Sales Tax Rate for Canyon Lake is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Canyon Lake is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Canyon Lake
- The average income of a Canyon Lake resident is $34,093 a year. The US average is $28,555 a year.
- The Median household income of a Canyon Lake resident is $80,670 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCanyon Lake, TexasUnited States
  5.76
  -4.7%-6.2%
  45.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $40,382$37,638
  $80,670$69,021
  $89,286$85,028
  Population by Occupation
  0.8%1.2%
  1.3%0.5%
  13.3%6.8%
  6.7%10.0%
  1.6%2.5%
  13.3%11.0%
  4.3%4.8%
  0.9%0.8%
  1.5%1.9%
  3.2%4.7%
  3.1%1.9%
  7.2%7.6%
  0.2%0.1%
  4.8%4.2%
  8.4%9.3%
  12.3%14.0%
  1.5%2.1%
  6.5%7.0%
  4.6%4.8%
  4.6%4.7%
Reviews for Canyon Lake
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Casual, laid back. Authentic Texas. Great BBQ and  More

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I'm looking at inexpensive real estate (85-150k) in Canyon Lake in hopes of retiring in 2012. Seems no matter what town/city you live in, some parts of the town are  More

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Canyon Lake is a beautiful area located just one hour from Austin, 40 minutes from San Antonio and 15 miles from New Braunfels. Location a big plus, rolling hills,  More

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