Lakeway

Population: 19,130
Median household income: $164,978
Median home value: $695,400

Lakeway is a community in Travis County, Texas, home to 19,130 residents. At $164,978, its median household income sits above Travis County's $97,169.

From 2019 to 2023, Lakeway's population grew 26.4% from 15,138 to 19,130, while its median home value rose 47.1% from $472,700 to $695,400.

79.8% of homes are single-family detached houses. The typical home was built around 2004.

Demographics

ACS 2019–2023

Population: 19,130
Median age: 50.3 yrs
Median household income: $164,978
Median home value: $695,400
Median gross rent: $3,123
Housing units: 8,875
Homeownership rate: 85.7%
Bachelor's degree or higher: 73.7%
Unemployment rate: 3.3%

Trends

ACS 5-year · 2019–2023

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

Year	Population	Median household income	Median home value	Median gross rent
2019	15,138	$132,899	$472,700	$1,851
2020	15,605	$134,461	$481,900	$2,153
2021	18,471	$142,566	$524,800	$2,330
2022	18,835	$154,118	$636,700	$2,563
2023	19,130	$164,978	$695,400	$3,123

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.3%

5 to 1717.9%

18 to 243.7%

25 to 344.4%

35 to 4412.1%

45 to 5416.7%

55 to 6416.3%

65 to 7415.7%

75 and over8.6%

	Count	Share
Under 5	831	4.3%
5 to 17	3,427	17.9%
18 to 24	715	3.7%
25 to 34	847	4.4%
35 to 44	2,323	12.1%
45 to 54	3,204	16.7%
55 to 64	3,119	16.3%
65 to 74	3,011	15.7%
75 and over	1,653	8.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	15,123	79.1%
Black or African American	215	1.1%
American Indian & Alaska Native	112	0.6%
Asian	1,339	7.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	15	0.1%
Two or more races	623	3.3%
Hispanic or Latino (any race)	1,703	8.9%

Educational attainment (age 25+)

No high school diploma0.9%

High school graduate7.2%

Some college or associate's18.2%

Bachelor's degree47.9%

Graduate or professional degree25.8%

	Count	Share
No high school diploma	129	0.9%
High school graduate	1,015	7.2%
Some college or associate's	2,579	18.2%
Bachelor's degree	6,783	47.9%
Graduate or professional degree	3,651	25.8%

Commute to work

Mean travel time to work: 28 min

Drove alone50.6%

Carpooled2.4%

Public transit0.0%

Walked1.4%

Bicycle0.0%

Worked from home44.4%

Other means1.2%

How workers get to work

	Count	Share
Drove alone	4,135	50.6%
Carpooled	195	2.4%
Public transit	0	0.0%
Walked	113	1.4%
Bicycle	0	0.0%
Worked from home	3,624	44.4%
Other means	98	1.2%

Travel time

	Count	Share
Under 15 min	1,219	26.8%
15 to 29 min	1,372	30.2%
30 to 44 min	1,034	22.8%
45 to 59 min	508	11.2%
60+ min	408	9.0%

Households

Average household size: 2.38
Poverty rate: 2.9% (544 of 18,987)

	Count	Share
Family households	6,277	78.8%
Nonfamily households	1,688	21.2%

Housing

Median year structure built: 2004

Occupancy

	Count	Share
Occupied	7,965	89.7%
Vacant	910	10.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	6,826	85.7%
Renter-occupied	1,139	14.3%

1-unit, detached79.8%

1-unit, attached6.6%

2 to 4 units3.1%

5 to 19 units4.2%

20 or more units6.1%

Mobile home & other0.2%

Units in structure

	Count	Share
1-unit, detached	7,079	79.8%
1-unit, attached	587	6.6%
2 to 4 units	278	3.1%
5 to 19 units	375	4.2%
20 or more units	541	6.1%
Mobile home & other	15	0.2%

Geography

Place GEOID: 4840984
Type (LSAD): 25
Land area: 13 sq mi
Water area: 0.87 sq mi
Center point: 30.3550, -97.9863