Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Located in the state of Texas, Canton is a smaller city with a population of 3,888 people. If we look at the most recent Census, Canton is known to have a predominantly White population. The next two most common races are Black and Asian. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Canton entails a longer-than-average one-way commute time, averaging 34 minutes.
Are you trying to decide if living in Canton is the right fit for your lifestyle? To ensure a great experience before moving to any new city in Texas, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like amenities, commute, health & safety, education, you can easily compare the best places to live in Canton and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Canton to Texas and the national average.
Canton, TX receives 70/100 for its livability score; this results in a ranking of #281 in Texas and #6,049 in the USA. There are nine total categories that generate the livability score. Canton scores well for crime (B+), cost of living (A+) and housing (A+) On a more negative note, Canton does not have favorable grades for the following: amenities (F) and education (D). If we take a look at the data, we can find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Canton, the unemployment rate stands at 2.29%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Canton apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that Canton meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Canton. Everything else becomes a lot less important if it turns out that home prices in Canton are simply unattainable. The median home price for Canton homes is $120,300, which is 15.7% lower than the Texas average. If we take a closer look at the affordability of homes in Canton, we’ll see that the home price to income ratio is 2.5, which is 3.8% lower than the Texas average.
| Statistic | Canton | Texas | National |
| Average one way commute | 34min | 26min | 26min |
| Workers who drive to work | 86.9% | 80.3% | 76.4% |
| Workers who carpool | 8.2% | 10.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.0% | 1.6% | 2.8% |
| Working from home | 3.2% | 4.3% | 4.6% |
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