Zip 79016 (Canyon, TX) Economy


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Canyon, TX is a vibrant city located in the heart of Texas with a population of just over 13,000 people. The average rent for a two bedroom apartment in Canyon is $1,030 per month which is significantly lower than the US average of $1,430. Furthermore, the Grocery Cost Index in Canyon is 94 versus 100 in the US - making it an affordable place to live overall.
Canyon has many fantastic local companies that make living in this area great. Some of these companies include Big O Tires, which provides vehicle maintenance services and sells tires for most types of vehicles. Another company based out of Canyon is American Bank & Trust Co., which has been providing banking services to South Central Texas since 1994. Finally, KK’s Crafts & Floral Designs is a locally owned craft store offering unique gifts and homemade floral arrangements perfect for any occasion.

Income by Population Percent

  EconomyCanyon, TexasUnited States
  4.46
  -3.1%-6.2%
  33.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $3,422$37,638
Household Income 69021
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