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Lakeway, TX

Full City Profile · Texas · Travis County County

3.8 /5.0
B+ Good
19,130 Population 1,486/sq mi density
$164,978 Median Income $93,163 per capita
$695,400 Home Value $728,407 Zillow
$3,123 Median Rent 30.2% income on rent
67°F Avg Temperature 303 sunny days/yr
55 Violent Crime/100K 899 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$164,978 median income, 1.9% unemployment
A
Affordability
4.3 / 5.0
$695,400 home value, $3,123/mo rent
F
Safety
1.0 / 5.0
55 violent crimes/100K
A+
Education
5.0 / 5.0
73.7% bachelor's degree or higher

Lakeway, TX

At a Glance

Median Income
$164,978
120% above
$93,163 per capita
Home Value
$695,400
147% above
Zillow: $728,407
Median Rent
$3,123/mo
169% above
30.2% of income on rent
Violent Crime
55/100K
85% below
899/100K property
Bachelor's Degree+
73.7%
119% above
99.1% high school+
Unemployment
1.9%
47% below
2.5% poverty rate
Obesity Rate
26.1%
19% below
6.9% smoking rate
Avg Temperature
67°F
303 sunny days/yr

How Lakeway Compares to the U.S. Average

Each bar shows Lakeway's value as a percentage of the national average (100% = U.S. avg)

Income
220%
Home Value
247%
Rent
269%
Poverty
20%
Bachelor's
219%
Unemployment
53%
Crime
15%
Thin vertical line = U.S. national average (100%)

Is Lakeway a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lakeway residents earn a median household income of $164,978 , which is 120% above the national average of $75,149. Per capita income is $93,163. The unemployment rate stands at 1.9% (47% below the U.S. rate of 3.6%). 2.5% of residents live below the poverty line. The area is home to 51,913 business establishments, including 3,614 restaurants.

Housing & Cost of Living

The median home value in Lakeway is $695,400 , 147% above the national median of $281,900. Zillow estimates the typical home at $728,407. Median rent is $3,123/month, with 30.2% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 2003.

Safety & Crime

Lakeway reports 55 violent crimes per 100,000 residents , which is 85% below the national average of 380/100K. Property crime is 899/100K. The murder rate is 0.0/100K.

Education

73.7% of adults in Lakeway hold a bachelor's degree or higher (119% above the national average). 99.1% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Lakeway has an average annual temperature of 67°F (20°C). Winters average 50°F in January while summers reach 83°F in July. The area gets 303 sunny days per year. Annual precipitation totals 35.7 inches. Air quality is rated Good with a median AQI of 42.

Data Overview

People

Population19,130
Median Age50.3 yrs
Density1,486/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans6.9%

Economy

A+
Median Income$164,978
Per Capita$93,163
Unemployment1.9%
Poverty2.5%
County GDP$202,653M
Avg Weekly Wage$1,851

Housing

A
Home Value$695,400
Rent$3,123
Ownership85.7%
Zillow$728,407
Housing Units8,525
Rent Burden30.2%

Crime

F
Violent55/100K
Property899/100K
Murder0.0/100K
Assault31/100K
Burglary129/100K

Health

Obesity26.1%
Diabetes6.7%
Smoking6.9%
Heart Disease3.7%
Premature Death5,698/100K

Climate

Avg Temp67°F
Sunny Days303/yr
Rain35.7 in/yr
AQI42 (Good)
Elevation827 ft

Education

A+
Bachelor's+73.7%
High School+99.1%
Graduate+25.1%
School Score5.8/10

Community

2024 VoteR 29% / D 69%
Commute28 min
Broadband98.4%
Internet Speed210 Mbps
EV Stations3
Libraries33

Did You Know?

The median home in Lakeway was built in 2003.
44.4% work from home.
The nearest airport is Austin-Bergstrom International (22 miles).
The Gini coefficient (income inequality) is 0.477 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
8.5% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 210 Mbps.
There are 3,614 restaurants in the area.
The county recorded 160 fatal vehicle crashes.