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Living in
Lakeway.
About
Life in Lakeway
If you're considering moving to Lakeway, understand that you're choosing a decidedly adult-oriented suburb rather than a young, trendy neighborhood—the median age here is 48, and nearly a quarter of residents are 65 or older, which shapes the entire community feel. Located 16 miles west of Austin, you'll enjoy relatively quick access to the job market and culture of the capital while staying insulated in a more suburban, family-oriented setting where 65% of households are married couples—expect good schools through the Lake Travis Independent School District and a strong sense of established stability. The real appeal for locals is the lake itself: Lakeway sits right on Lake Travis with Hurst Creek running through the community, giving you genuine access to water recreation that actually feels integrated into daily life rather than a weekend novelty.
Lakeway at a Glance
Population, income, housing and more
Median Age
49.8 yrs
Poverty Rate
2.5%
Foreign-Born
9.5%
Broadband Internet
99.0%
of households
Population Growth
-0.9%
recent change · Census Bureau
Median household income
Demographics9.5% foreign-born, most often from Canada
Who lives in Lakeway: race and ethnicity, ages, households, languages and countries of origin
In Lakeway, the largest foreign-born group is from Canada (12.2%), and 4.2% of residents speak Spanish at home.
Under 18
22.5%
of residents
65 and Older
23.0%
of residents
Households with Kids
34.0%
anyone under 18
Living Alone
19.2%
of households
Married Couples
68.2%
of households
Avg Household Size
2.44
people
Race & Ethnicity
Hispanic or Latino of any race; other groups are non-Hispanic
Top countries of origin (foreign-born)
Languages Spoken at Home
Cost of Livingrent 112% above TX average
Rent, home values, and income in Lakeway
In Lakeway, rent runs 112% above the TX average, and home values are 196% above the TX average.
Median rent (per month)
Median home value
Rent Burdened
45.7%
spending 30%+ of income on rent
Severely Rent Burdened
31.9%
spending 50%+
Cost of Living Index
98.1
metro area (BEA) · US avg = 100
Homeowners
86.3%
of occupied homes are owned
Typical Home Built
2004
median year built
Vacant Homes
8.5%
of housing units
Home Value Trend
Latest: $733,247 (September 2026)
Jobs & Economyunemployment 0.8 pts below TX average
Unemployment in Lakeway and typical pay across the metro area
Unemployment in Travis County, which includes Lakeway, is 0.8 percentage points lower than the TX average.
Unemployment rate
Lakeway: Travis County rate (county-wide) · BLS annual average
Unemployment Rate — 10 Year Trend
Travis County (county-wide) · Annual averages
Lakeway is about 1% of Travis County’s population, so county-wide figures may differ from local conditions.
What Lakeway Residents Do for Work · share of employed residents by industry
City residents, wherever they work
Median Salary by Occupation · metro area
Austin-Round Rock, TX metro area
Commute28.8 min avg
How Lakeway residents get to work, and the nearest airports
In Lakeway, most residents work from home to work (50%), and 57% get there in under 30 minutes.
How People Get to Work
Commute Time Distribution
Nearest airports · with airline service
- 23 mi
Austin Bergstrom International Airport (AUS)
Major hub10.7M passengers boarded in 2025
Straight-line distance. Size is the FAA’s hub category, based on passenger traffic: regional airports may have only a few flights a day.
Safetyviolent crime 79% below national average
Crime rates for 2025
Violent crime in Lakeway runs 79% below the national average.
Violent Crime Rate
68.4
per 100,000 residents
Below average (329 national, 2025)
Property Crime Rate
836.5
per 100,000 residents
Below average (1,552 national, 2025)
Lakeway Police Department
Natural DisastersDrought most common — 25 events in 2025
Natural hazard risk, storms and earthquakes
FEMA National Risk Index
Relatively High
97.7 / 100
Compares expected losses from natural hazards, social vulnerability and community resilience against every US county (higher = more risk).
Travis County, county-wide · FEMA NRI December 2025
In Travis County, which includes Lakeway, the most common type is drought, with 25 recorded events in 2025.
Most common events:
Storm events by year
| Year | Events | Top Type | Property Damage |
|---|---|---|---|
| 2025 | 25 | Drought | $5.0M |
| 2024 | 16 | Drought | $5.0M |
| 2023 | 28 | Hail | $355.6M |
| 2022 | 23 | Drought | $113,000 |
| 2021 | 20 | Hail | $1.2M |
| 2020 | 15 | Hail | $1.0M |
| 2019 | 12 | Flash Flood | $27,000 |
| 2018 | 12 | Thunderstorm Wind | $10.1M |
Property damage is the National Weather Service's estimate filed with each event. “None reported” means the events were logged with $0 damage; “Not estimated” means no estimate was filed. Storms covering several counties aren't counted here, since NOAA doesn't split their damage by county.
12 earthquakes of magnitude 2.5+ within 100 miles in the past year
Travis County, county-wide
Lakeway is about 1% of Travis County’s population, so county-wide figures may differ from local conditions.
Air Quality53 median AQI — Moderate
Days by air quality category (2025)
Air quality in Travis County, which includes Lakeway, is typically moderate — acceptable for most people, but can affect those unusually sensitive to air pollution.
Median AQI
53
Good Days
159
per year
Moderate Days
200
per year
Unhealthy Days
0
per year
Travis County, county-wide
Lakeway is about 1% of Travis County’s population, so county-wide figures may differ from local conditions.
Climate94°F summers, 41°F winters
30-year climate averages (1991–2020) — monthly temperatures and precipitation
Lakeway has hot summers (avg high 94°F) and mild winters (avg low 41°F).
Spring (Mar–May)
79°/57°F
avg high / low
Summer (Jun–Aug)
94°/71°F
avg high / low
Fall (Sep–Nov)
79°/57°F
avg high / low
Winter (Dec–Feb)
62°/41°F
avg high / low
Annual Precipitation
38.7"
Annual Snowfall
0.3"
Hot Days/Year
106
days above 90°F
Freeze Days/Year
29
days below 32°F
Rainy Days/Year
80
Average month
Show month-by-month table ↓Hide table ↑
| Month | High | Low | Precip |
|---|---|---|---|
| Jan | 60°F | 39°F | 2.65" |
| Feb | 65°F | 43°F | 2.10" |
| Mar | 72°F | 49°F | 2.86" |
| Apr | 79°F | 56°F | 2.61" |
| May | 85°F | 64°F | 4.29" |
| Jun | 91°F | 70°F | 3.68" |
| Jul | 94°F | 72°F | 2.10" |
| Aug | 95°F | 72°F | 2.11" |
| Sep | 89°F | 66°F | 3.65" |
| Oct | 80°F | 58°F | 3.97" |
| Nov | 69°F | 48°F | 2.94" |
| Dec | 61°F | 41°F | 2.74" |
Healthcare
Hospitals, ratings, and health insurance in Lakeway
Uninsured
2.7%
of residents
No hospitals inside Lakeway's limits — nearest hospitals · within 15 miles
Ascension Seton Southwest
Acute Care Hospitals · ER available · 10.5 mi away · Austin
The Hospital at Westlake Medical Center
Acute Care Hospitals · ER available · 10.6 mi away · Austin
Baylor Scott & White Medical Center- Austin
Acute Care Hospitals · 12.3 mi away · Austin
Adult Health · vs. the typical US place
Share of adults. Modeled estimates, not counted cases. “US” = the typical US place.
Medicare-certified hospitals only. Doesn’t include clinics, urgent care, or freestanding ERs.
Education16.9:1 student/teacher ratio
Schools and degree attainment in Lakeway
Lakeway's student/teacher ratio is 16.9:1 (higher than the national average of 16:1), and 74.0% of adults 25+ hold a bachelor's degree or higher.
Public Schools
5
within city limits
Private Schools
0
within city limits
College Degree Rate
74.0%
adults 25+ with bachelor's or higher
Student/Teacher Ratio
16.9:1
National avg 16:1
Schools located within city limits (2023) — school-level metrics change slowly year to year
Colleges Near Lakeway (within 15 miles)
Private nonprofit · 4-year · 1,185 students · in-state tuition $25,000 · 47% graduate · median earnings $64,677 (10 yrs after entry)
Degree-granting colleges with 100+ students, placed by campus location (main campuses only — branch campuses are reported under their parent school)
Parks & Recreationclosest: Lyndon B Johnson National Historical Park, 38 mi
Nearby national parks, recreation areas and public libraries for Lakeway
Lakeway has 4 nearby national parks or recreation areas, closest being Lyndon B Johnson National Historical Park (38 mi away).
Nearby National Parks & Recreation Areas
Lyndon B Johnson National Historical Park
National Historical Park
38 mi awayEl Camino Real de los Tejas National Historic Trail
National Historic Trail
43 mi awaySan Antonio Missions National Historical Park
National Historical Park
77 mi awayWaco Mammoth National Monument
National Monument
99 mi awayPublic Libraries in Lakeway
Lake Travis Community Library
1938 Lohmans Crossing Rd, Austin
Cities Near Lakeway
The closest cities within 60 miles
Planning a move to Lakeway?
Read our full moving guide — what it's really like to live here.
Lakeway FAQ
Is Lakeway, Texas affordable?⌄
Lakeway's median rent is $2,981/month, which is significantly above the national average. The median household income is $190,060/year. Median home value is $841,300.
Is Lakeway, Texas safe?⌄
Lakeway's violent crime rate was 68 per 100,000 residents in 2025, which is well below the national average — one of the safer cities in the country of 329/100k that year. Property crime rate is 837 per 100,000. As with any city, crime rates vary by neighborhood.
What is the job market like in Lakeway, Texas?⌄
Travis County, which includes Lakeway, has an unemployment rate of 3.4%, which is solid, slightly below the national average of 4.3%.
What is the cost of living in Lakeway, Texas?⌄
The cost of living in Lakeway is primarily driven by housing. Median rent is $2,981/month and median household income is $190,060/year. The median home value is $841,300. About 46% of renters spend more than 30% of their income on housing.
How is the commute in Lakeway, Texas?⌄
The average commute in Lakeway is 29 minutes, which is about average compared to the national average of 26 minutes.
Data from the US Census Bureau, BLS, FBI, NOAA, EPA, Zillow Research and other public sources. Where our data comes from