Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 56.4 yrs |
|---|---|
| Avg HH Size | 2.27 |
| Below Poverty | 5.0% ▼ 50% below avg |
| College Grads | 45.5% ▲ 17% above avg |
| Unemployment | 3.5% ▼ 28% below avg |
| HS Graduate | 53 (28.3%) |
| Some College | 19 (10.2%) |
| Associates | 30 (16%) |
| Bachelors | 33 (17.6%) |
| Graduate Degree | 52 (27.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $93,250 ▲ 22% above avg |
|---|---|
| Median Home Value | $288,600 ≈ Avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Total Housing Units | 335 |
| Vacant Units | 229 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Canyon is a city in Minnesota, located in St. Louis County. The city spans 1 ZIP code and is home to approximately 241 residents. It is an older city, with a median age of 56.4 years.
Economically, Canyon is a middle-income community. The median household income of $93,250 is above the national average. Approximately 5.0% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in Canyon is a mid-range housing market. Median home values stand at $288,600, which is near the national average. Homeownership is high at 92.5%, typical of suburban and family-oriented communities.
The population of Canyon is well-educated. 45.5% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (93.36%).
Canyon, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55717 | 241 | $93,250 | $288,600 | — | 3.5% | 45.5% | 92.5% |