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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.

Lakeway, TX
Real Estate & Demographic Data






Lakeway profile


Living in Lakeway



Lakeway is a medium-sized city located in the state of Texas. With a population of 19,429 people and five associated neighborhoods, Lakeway is the 150th largest community in Texas. Much of the housing stock in Lakeway was built relatively recently. The construction of new real estate can often be taken as an indication that the local Lakeway economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Lakeway, where the median household income is $154,118.00.

Lakeway home prices are not only among the most expensive in Texas, but Lakeway real estate also consistently ranks among the most expensive in America.

Also of interest is that Lakeway has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 39.74% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

In addition, Lakeway is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.

Because of many things, Lakeway is a great place for families with children to consider. First of all, many other families with children live here, making Lakeway a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lakeway has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lakeway’s overall crime rate is lower than average for the country.

As is often the case in a small city, Lakeway doesn't have a public transportation system that people use for their commute.

Do you like to read, write and learn? If you move to Lakeway, you'll likely find that many of your neighbors like to as well. Lakeway is one of the more educated communities in America, with a full 71.88% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Lakeway in 2018 was $85,011, which is wealthy relative to Texas and the nation. This equates to an annual income of $340,044 for a family of four.

Lakeway is a very ethnically-diverse city. The people who call Lakeway home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lakeway residents report their race to be White, followed by Asian. Lakeway also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.42% of the city’s residents. Important ancestries of people in Lakeway include German, English, Irish, European, and Italian.

The most common language spoken in Lakeway is English. Other important languages spoken here include Spanish and Chinese.