Canton, Texas is a small city located in the northeast part of the state. It has a population of just over 4,000 people and covers an area of 4 square miles. Despite its size, Canton has been consistently ranked as one of the best places to live in Texas due to its strong economy and low crime rate. As reported by BestPlaces.net, Canton currently ranks 6th out of all cities in the state when it comes to the cost of living index and 8th for overall livability. The cities median home price stands at $156,700 making it more affordable than other nearby towns like Tyler and Longview. Residents also benefit from the city’s low unemployment rate which is currently 3.4%, much lower than the national average. The city also boasts a very safe environment with an incredibly low crime rate that is far below many other similar cities in Texas. Overall, Canton offers residents a great quality of life at an affordable cost making it both attractive and desirable for those looking to relocate or start a new business in the region.
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