Moving to Lakeway, Texas? Pros & Cons of Living in Lakeway, Texas | Dwellics™
Lakeway, Texas
Moving to Lakeway

Moving to Lakeway, Texas is a big decision

Should you move to Lakeway, Texas? Is Lakeway,Texas a good place to live? When determining what cities are good for your personality type, life situation, and personal preferences, there are many factors to consider including climate, cost of living, community, job opportunities, population makeup, activities, and things to do.

With data on over 50,000 cities in the United States, Dwellics makes it easy to find the best place for you to move based on your personal preferences. This page contains detailed facts and statistics to help you determine if moving to Lakeway, Texas is the right decision for you.

Cost of living in Lakeway, Texas

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 $132,899 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 6.2%. 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

In Lakeway, Texas, 84% of the population owns their homes, while approximately 16% rent. The average cost of a single-family home in Lakeway, Texas in 2021 is $662,903 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 $1,503 per month.

Rental SizeMonthly CostCompared to Texas
1 Bedroom$1,503the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,780the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$2,293the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$2,740the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest

Climate in Lakeway, Texas

What is the climate like in Lakeway, Texas? There are many important factors that may affect your personal climate preferences including average temperature and humidity, annual rainfall and snow, number of cloudy days, wind speeds, and more.

Climate comfort in Lakeway, Texas

In a typical year, Lakeway, Texas temperatures fall below 50F° for 73 days per year. Annual precipitation in Lakeway is typically 32.3 inches per year (lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the US) and snow covers the ground 0 days per year or 0% of the year (the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the US). It may be helpful to understand the yearly precipitation by imagining 6 straight days of moderate rain per year. The humidity in Lakeway, Texas is below 60% for approximately 158.8 days or 43.5% of the year.

Number of days per year in each temperature range
Fahrenheit

Climate Mood comfort

Sunrise and sunset times vary by region in the United States. The duration of each day and the amount of sunlight can affect people's moods in a significant way. In Lakeway,Texas, the shortest day starts at 07:49 a.m. and ends at 05:30 p.m. and lasts for 10 hours 10 minutes. The longest day starts at 06:29 a.m. and ends at 08:37 p.m. and lasts for 14 hours 06 minutes.

Is Lakeway, Texas a safe place to live?

Dwellics analytics team assigned the score 78.8 to Lakeway, Texas (with 100 being the best). This score helps find the safest places to live in America. When determining if Lakeway, Texas is a safe place to live, we analyze factors including air quality, water quality, crime rates, natural disaster frequency, substance abuse rates, cancer instances, and more.

Crime rates in Lakeway, Texas

In Lakeway, Texas, violent crime rates are considered to be moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States according to our research. Arson crimes are lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest and property crimes, including vandalism rank highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest.

Environmental Hazards Lakeway, Texas

In Lakeway, Texas, cancer instances are considered to be the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States according to our research. Substance abuse in Lakeway, Texas is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States according to our research.

Natural Disasters in Lakeway, Texas

Natural Disaster CategoryProbability
EarthquakesEarthquakes in Lakewayare unlikely
HurricanesHurricanes inLakeway are unlikely
Severe StormsSevere Storms inLakeway are possible
TornadosTornadoes in Lakewayare possible
VolcanoesVolcanic hazard in Lakeway is unlikely
WildfiresWildfires in Lakewayare very low

Smoking Laws in Lakeway, Texas

Smoking is allowed inside restaurants and bars in Lakeway. Smoking inside of workplaces in Lakeway is not prohibited. The use of e-cigarettes is banned. In Lakeway, Texas marijuana use is not legal.

Air & Water Quality in Lakeway, Texas

Lakeway, Texas has good air quality 74% of the time or 270 days per year. The water quality index calculated by Dwellics team in Lakeway is 100 out of 100 (100 being the best) based on the number of acute health-based violations for every water utility in the last 5 years.

Does Lakeway, Texas have good schools?

When determining if Lakeway, Texas, has good schools, we analyze key factors including math proficiency, reading/language proficiency, students-per-teacher ratio, average teacher salaries, National Blue Ribbon awards, Spelling Bee and STEM/non-STEM national competitions, and more.

SchoolsNational RankingsPrivate School Enrollment
Elementary schools in LakewayRank 57Dwellics analytics team assigned the score 57 to elementary education in Lakeway, Texas (with 100 being the best). in the country.27.8%
Middle schools in LakewayRank 62.3Dwellics analytics team assigned the score 62.3 to middle education in Lakeway, Texas (with 100 being the best). in the country.3.6%
High schools in LakewayRank 15.1Dwellics analytics team assigned the score [r_high] to high education in Lakeway, Texas (with 100 being the best). in the country.0%

Dwellics searched for winners of 69 nationwide competitions for school children in both STEM and non-STEM fields and found 0 winners in the Lakeway, Texas in the last 5 years.

Elementary Schools in Lakeway, Texas

There are 3 public elementary schools in Lakeway, Texas. The public elementary schools in Lakeway are rated 57 (with 100 being the best) in the United States according to our research. Among elementary school students, approximately 27.8% are enrolled at private schools in Lakeway.

The average percentage of students proficient in math in Lakeway, Texas at the elementary level is 63.6%, and proficient in reading & language arts 62.4%.

The average salary of an elementary school teacher in Lakeway is $42,487 per year. The average number of elementary school students assigned to a teacher’s classroom in Lakeway is 17.

Middle Schools in Lakeway, Texas

There are 1 public middle schools inLakeway, Texas. The public middle schools in Lakeway are rated 62.3 (with 100 being the best) in the United States according to our research. Among middle school students, approximately 3.6% are enrolled at private schools in Lakeway.

The average percentage of students proficient in math in Lakeway, Texas at the elementary level is 72%, and proficient in reading & language arts 65%.

The average salary of a middle school teacher in Lakeway is $42,487 per year. The average number of middle school students assigned to a teacher’s classroom in Lakeway is 16.

High Schools in Lakeway, Texas

There are 0 high schools in Lakeway, Texas. The public high schools in Lakeway are rated 15.1 (with 100 being the best) in the United States according to our research. Among high school students, approximately 0% are enrolled at private schools in Lakeway.

The average percentage of students proficient in math in Lakeway, Texas at the elementary level is 0%, and proficient in reading & language arts 0%.

The average salary of a high school teacher in Lakeway is $0 per year. The average number of high school students assigned to a teacher’s classroom in Lakeway is 0.

Infrastructure and Government in Lakeway, Texas

Lakeway, Texas is a small suburb in a metro area in the Central Time Zone. The wireless internet speeds in Lakeway are approximately 105 Mbps, while wired internet connections average a speed of 194 Mbps.

Transportation in Lakeway, Texas

The nearest airport to Lakeway is 21 miles away. The nearest coastline is 168 miles away. Compared to national averages, traffic on highways and roads in Lakeway is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest. The road network is highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest.

Community Demographics in Lakeway, Texas

In terms of political views, the Lakeway population skews Democratic. The top religion in Lakeway is Protestant. The top age group is 45-64 per census data.

Household Types in Lakeway, Texas

Household TypePercentage of Population
Singles in Lakeway30.1%
Married Couples in Lakeway69.9%

Age Groups of People Living in Lakeway, Texas

Age GroupPercentage of Population
18 to 24 year olds2.8%
25 to 44 year olds20%
45 to 64 year olds32.3%
65+ year olds22.7%

Race Diversity in Lakeway, Texas

The Race Diversity score in Lakeway, Texas is 10.Race diversity score ranges from 0 to 100. The more diverse, the higher the score.

Race DiversityPercentage of Population
Latino/Hispanics9.2%
Whites91.4%
Black or African Americans2.6%
American Indian & Alaska Natives0.1%
Asians2.8%
Native Hawaiians & Other Pacific Islanders0%
Multi2.7%
Other0.5%

The Religion of people living in Lakeway, Texas

The primary religious affiliation in Lakeway, Texas is Protestant. The Religion Diversity score inLakeway, Texas is 21.4.Religion diversity score ranges from 0 to 100. The more diverse, the higher the score..

ReligionPercentage of Population
Protestant24.6%
Catholic17.3%
Orthodox0.1%
Other / Christian0%
Mormon0.9%
Jewish0.5%
Muslim1.2%
Buddhist0.8%
Hindu0.6%
Other / Non-Christian0.2%

Industry and Occupation in Lakeway, Texas

The top industry present in Lakeway, Texas is Professional, scientific, management, administrative, and waste management services. 67.2 % of residents work in Management, business, science, and arts occupations, while only 3.2% work in Natural resources, construction, and maintenance occupations. The Industry Diversity score in Lakeway, Texas is 61.2.Industry diversity score ranges from 0 to 100. The more diverse, the higher the score.

IndustryPercentage of Population
Agriculture, forestry, fishing and hunting, and mining0.1%
Construction5.3%
Manufacturing9.9%
Wholesale trade4.3%
Retail trade5.9%
Transportation and warehousing, and utilities3.2%
Information2.3%
Finance and insurance, real estate, and rental and leasing11%
Professional, scientific, management, administrative, and waste management services26.4%
Educational services, health care, and social assistance19.3%
Arts, entertainment, recreation, and accommodation and food services5.5%
Other services, except public administration4.6%
Public administration2.2%

The Occupation Diversity score in Lakeway, Texas is 41.Occupation diversity score ranges from 0 to 100. The more diverse, the higher the score.

OccupationPercentage of Population
Management, business, science, and arts occupations67.2%
Service occupations6.8%
Sales and office occupations19%
Natural resources, construction, and maintenance occupations3.2%
Production, transportation, and material moving occupations3.9%

Average Educational level of people living in Lakeway,Texas

91% of residents in Lakeway, Texas have earned a Bachelor’s degree or higher, compared to the U.S. average of 46.6%. 46.7% of residents in Lakeway, Texas hold STEM degrees (STEM = Science, Technology, Engineering, Mathematics). The Educational level Diversity score in Lakeway, Texas is 61.3.Educational diversity score ranges from 0 to 100. The more diverse, the higher the score.

Educational levelPercentage of Population
Less than high school graduate0.7%
High school graduate (includes equivalency)8.4%
Some college or associate's degree21.7%
Bachelor's degree44.9%
Graduate or professional degree24.3%