Lakeway vs Wells Branch

A side-by-side comparison of Lakeway and Wells Branch: population, income, housing, and more.

Lakeway and Wells Branch are places in Texas. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lakeway has the higher population (19,130 vs 14,156 in Wells Branch). Lakeway has the higher median household income ($164,978 vs $64,345 in Wells Branch). Lakeway has the higher median home value ($695,400 vs $368,500 in Wells Branch).

Population, income & housing

	Lakeway	Wells Branch
Population	19,130	14,156
Median age	50.3 yrs	34.6 yrs
Median household income	$164,978	$64,345
Median home value	$695,400	$368,500
Median gross rent	$3,123	$1,450
Housing units	8,875	7,655
Homeownership rate	85.7%	28.9%
Bachelor's degree or higher	73.7%	47.2%
Unemployment rate	3.3%	2.6%

Trends (ACS 5-year, 2019–2023)

	Lakeway	Wells Branch
Population	15,138 → 19,130 (+26.4%)	12,176 → 14,156 (+16.3%)
Median household income	$132,899 → $164,978 (+24.1%)	$54,421 → $64,345 (+18.2%)
Median home value	$472,700 → $695,400 (+47.1%)	$246,600 → $368,500 (+49.4%)
Median gross rent	$1,851 → $3,123 (+68.7%)	$1,149 → $1,450 (+26.2%)

Lakeway

Population

15,13819,130

Median household income

$132,899$164,978

Median home value

$472,700$695,400

Median gross rent

$1,851$3,123

Wells Branch

Population

12,17614,156

Median household income

$54,421$64,345

Median home value

$246,600$368,500

Median gross rent

$1,149$1,450

Age & race/ethnicity

Age distribution (share)

	Lakeway	Wells Branch
Under 5	4.3%	7.4%
5 to 17	17.9%	10.4%
18 to 24	3.7%	8.2%
25 to 34	4.4%	25.2%
35 to 44	12.1%	19.5%
45 to 54	16.7%	12.5%
55 to 64	16.3%	8.4%
65 to 74	15.7%	5.2%
75 and over	8.6%	3.2%

Race & ethnicity (share)

	Lakeway	Wells Branch
White (non-Hispanic)	79.1%	40.0%
Black or African American	1.1%	18.3%
American Indian & Alaska Native	0.6%	0.1%
Asian	7.0%	7.2%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.1%	0.4%
Two or more races	3.3%	3.9%
Hispanic or Latino	8.9%	30.2%

Educational attainment (age 25+)

Share of adults 25+

	Lakeway	Wells Branch
No high school diploma	0.9%	4.5%
High school graduate	7.2%	21.0%
Some college or associate's	18.2%	27.3%
Bachelor's degree	47.9%	32.0%
Graduate or professional degree	25.8%	15.2%

Commute to work

How workers get to work (share)

	Lakeway	Wells Branch
Drove alone	50.6%	66.8%
Carpooled	2.4%	7.9%
Public transit	0.0%	0.4%
Walked	1.4%	0.0%
Bicycle	0.0%	0.0%
Worked from home	44.4%	23.0%
Other means	1.2%	1.9%

Housing

Units in structure (share)

	Lakeway	Wells Branch
1-unit, detached	79.8%	33.2%
1-unit, attached	6.6%	1.6%
2 to 4 units	3.1%	3.6%
5 to 19 units	4.2%	31.6%
20 or more units	6.1%	30.0%
Mobile home & other	0.2%	0.0%

Poverty & households

	Lakeway	Wells Branch
Poverty rate	2.9%	16.8%
Average household size	2.38	1.96
Mean commute (minutes)	28	22
Median year structure built	2004	1992