Canadian, TX
Full City Profile · Texas · Hemphill County County
3.8
/5.0
B+
Good
2,314
Population
1,780/sq mi density
$61,384
Median Income
$28,516 per capita
$156,300
Home Value
$176,221 Zillow
$886
Median Rent
15.0% income on rent
57°F
Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$61,384 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$156,300 home value, $886/mo rent
C+
Education
2.6 / 5.0
19.4% bachelor's degree or higher
Housing Overview
Median Home Value
$156,300
45% below
US avg: $281,900
Median Rent
$886/mo
24% below
US avg: $1,163/mo
Homeownership Rate
74.5%
14% above US avg (65.4%)
Total Housing Units
1,069
Median year built: 1978
Home Value by Source
Census Median
$156,300
Zillow (ZHVI)
$176,221
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
74.5%
Owner-Occupied
25.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$886/mo
Affordability & Housing Stock
Rent Burden
15.0%
of renters spending 30%+ of income on housing
52% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
74.5%
Complete Housing Data
Home Values
| Census Median Value | $156,300 |
| Zillow Home Value (ZHVI) | $176,221 |
Rent
| Census Median Rent | $886 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
Ownership & Stock
| Owner-Occupied | 74.5% |
| Renter-Occupied | 25.5% |
| Homeownership Rate | 74.5% |
| Total Housing Units | 1,069 |
| Median Year Built | 1978 |
| Rent Burden | 15.0% |