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Canyon Creek

Learn about the people, housing, costs and businesses in Canyon Creek, Texas

Median Home$261,395
Median Rent$1,237/month
Population1,398
Leading IndustriesWholesale Trade · Information & Media · Professional Services16% wholesale trade
Home Value Growth+2.7% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners79% of occupied units
Canyon Creek
TX

Frequently Asked Questions

What are today's mortgage rates in Canyon Creek?

As of today, the 30-year fixed mortgage rate for Canyon Creek is approximately 6.938% (6.976% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Canyon Creek?

The median home value in Canyon Creek is $261k. The median monthly rent is $1,237. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Canyon Creek?

Home values in Canyon Creek have increased 2.7% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Canyon Creek?

Based on a typical all-in ownership cost of $1,230/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Canyon Creek is $81k/year.

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What industries drive the economy in Canyon Creek?

The largest employment sectors in Canyon Creek are wholesale trade (16%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.