Cost of living
Lakeway, Texas
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Lakeway, TX is #67 on the list Top 100 Best Cities to Work Remote in 2023, #6 on the list Top 100 Best Cities to Work Remote in 2022, #12 on the list Top 100 Best Cities for Outdoor Living in 2022
Cost of living in Lakeway, Texas
Cost of living compared to USAhigh
Cost of living compared to Texasthe highest
Median household incomethe highest
Is it expensive to live in Lakeway, Texas? When calculating the cost of living in Lakeway, Texas we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Lakeway, Texas is highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Texas, while median household income in Lakeway is $134,461 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Texas.
Taxes in Lakeway, Texas
The sales tax rate in Lakeway, Texas is 8.2%. Last year, the average property taxes paid was 1.8% Lakeway, Texas.
The state of Texas is one of the states with no state income taxes.
Housing costs in Lakeway, Texas
The average cost of a single-family home compared to USAthe highest
The average cost of a single-family home compared to Texasthe highest
In Lakeway, Texas, 85.0% of the population owns their homes, while approximately 15.0% rent. The average cost of a single-family home in Lakeway, Texas in 2022 is $728,525 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Texas. The average one-bedroom apartment cost is approximately $1,642 per month.
| Rental Size | Monthly Cost | Compared to Texas |
|---|---|---|
| 1 Bedroom | $1,642 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $1,925 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $2,475 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $2,863 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Pros and Cons of living in Lakeway, Texas in reviews from users in their own words:
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