Census Bureau data for Lakeway city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Lakeway city
- What is the median household income in Lakeway city?
- The median household income in Lakeway city is $164,978 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Lakeway city?
- The poverty rate in Lakeway city is 2.5% (U.S. Census Bureau ACS 2023).
- What is the median home value in Lakeway city?
- $695,400 (U.S. Census Bureau ACS 2023).
- What is the average rent in Lakeway city?
- The median gross rent in Lakeway city is $3,123 per month (U.S. Census Bureau ACS 2023).
- What percentage of Lakeway city residents have a college degree?
- 73.7% of adults in Lakeway city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
19,130
Median Income
$164,978
Median Home Value
$695,400
Poverty Rate
2.5%
Unemployment (ACS 2023)
3.3%
Median Age
50.0 yrs
Since 2019
Median Income:
+$32,079 (+24.1%)
Home Value:
+$222,700 (+47.1%)
Poverty Rate:
-0.3 pp (-10.7%)
Bachelor's+:
+4.4 pp (+6.3%)
Unemployment:
+0.3 pp (+10%)
Demographics
Total Population
19,130
Median Age
50.0
Female
51.3%
Race & Ethnicity
Hispanic or Latino 8.9%
White (non-Hisp.) 79.1%
Black 1.1%
Asian 7.0%
Two or More 7.8%
Other 1.9%
Asian Subgroups (% of total pop.)
Indian
3.3%
Chinese
1.9%
Vietnamese
0.6%
Filipino
0.2%
Korean
0.2%
Japanese
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
6.6%
Puerto Rican
0.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$164,978
±$19,876
+$88,686 vs. state
Per Capita Income
$213,604
Median Family Income
$196,332
Poverty Rate
2.5%
-8.0 pp vs. state
Child Poverty Rate
2.5%
Working-Age Poverty Rate
—
SNAP Recipients
1.3%
Social Security Income
—
Retirement Income
32.0%
Household Income Distribution
< $10k
2.5%
$10–15k
0.5%
$15–25k
1.8%
$25–35k
2.5%
$35–50k
4.9%
$50–75k
8.9%
$75–100k
7.4%
$100–150k
16.5%
$150–200k
14.7%
$200k+
40.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
8,875
Owner-Occupied
85.7%
Renter-Occupied
14.3%
Vacancy Rate
10.3%
Median Home Value
$695,400
+$435,000 vs. state
Median Gross Rent
$3,123
Owner Cost Burden (30%+)
23.2%
Renter Cost Burden (30%+)
41.0%
Home Value Distribution
< $50k
0.6%
$50–100k
0.2%
$200–300k
5.4%
$300–500k
18.8%
$500k–$1M
49.9%
$1M+
25.0%
Gross Rent Distribution
$500–1k
1.4%
$1–1.5k
4.8%
$1.5–2k
12.8%
$2–2.5k
12.9%
$2.5–3.5k
12.5%
$3.5k+
55.6%
Vehicle Availability
No vehicle
1.7%
1 vehicle
27.2%
2 vehicles
51.8%
3+
19.4%
Housing Type
Single-fam. det.
79.8%
Single-fam. att.
6.6%
2–4 units
1.3%
5–19 units
3.4%
20+ units
6.1%
Housing Age
Pre-1940
1.1%
1940–1969
0.6%
1970–1999
9.9%
2000–2009
23.8%
2010+
30.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
99.1%
Bachelor's or Higher
73.7%
+40.6 pp vs. state
Graduate Degree
25.8%
Some College / Associate
15.0%
Less Than High School
0.1%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
56.1%
Unemployment Rate
3.3%
-1.8 pp vs. state
Work from Home
44.4%
Self-Employed
8.6%
Government Workers
8.1%
Private For-Profit
83.3%
Industry
Prof. Services
26.3%
Edu/Health
14.3%
Finance
11.9%
Manufacturing
11.7%
Retail
8.6%
Arts/Entmt.
7.2%
Public Admin
5.3%
Transportation
4.0%
Construction
2.8%
Information
2.0%
Wholesale
1.8%
Agriculture
0.6%
Occupation
Management
66.6%
Sales
24.1%
Food Prep
5.1%
Production
2.2%
Construction
2.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
27.9 min
Drove Alone
50.6%
Carpool
2.4%
Public Transit
0.0%
Work from Home
44.4%
Walked
1.4%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
7,965
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
66.3%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
26.0%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.3%
5–9
7.1%
10–14
6.7%
15–19
6.8%
20–24
1.1%
25–34
4.4%
35–44
12.1%
45–54
16.7%
55–64
7.5%
65–74
8.8%
75–84
15.7%
85+
6.4%
Under 18: 22.3%
Working age (18–64): 77.7%
65 and over: 24.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
8.5%
Naturalized Citizen
67.4%
Speaks English Less Than Very Well
1.7%
Foreign-Born Origin
Asia
48.1%
Europe
20.4%
Latin America
11.5%
Africa
7.0%
Veterans & Disability
Veteran
6.9%
With a Disability
9.0%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.4%
Uninsured
3.6%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
98.4%
Has a Computer
99.4%
Same House 1 Year Ago
86.9%
Moved from Abroad
0.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023