Texas / Travis County

Moving to Lakeway, TX

Thinking of making a move to Lakeway, TX? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Lakeway, TX

Considering a move to Lakeway, TX? This welcoming community of 19,600 residents offers a blend of suburban charm and convenience, with median home prices around $820,000 and average rents near $2,050. Commute times average 31 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (62% annually), ideal for families and commuters alike. Explore Lakeway's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Lakeway, TX

Lakeway has a population of 19,600 residents, offering a diverse community with a median age of nearly 46 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 84% White, 2% Black, and 7% Asian residents, and over 11% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
19,600
Density
1,500 per sq mi
Median Age
45.8
Gender Ratio
92 males per 100 females
Non-English Speakers Percentage
10.8%

Ethnic Composition

White
84.0%
Black
2.2%
Asian
6.5%
Others
7.3%

Cost Of Living

What is the average cost of living in Lakeway, TX?

The cost of living in Lakeway is higher than the national average, with a cost of living index of 142.5. Median home values are around $820,000 and average rents for a two-bedroom apartment are approximately $2,050. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$820,000
Gross Rent
$2,050
Monthly Electricity Charges
$165
Auto Insurance
$1,950
House Owner Cost With Mortgage
$4,100
House Owner Cost Without Mortgage
$1,050
State Taxes
Low: 0.0%| High: 0.0%
Cost Of Living Index
142.5
Grocery
107.8
Housing
198.4
Utilities
111.2
Transportation
106.5
Health Care
101.7
Miscellaneous
110.3

Crime

Is Lakeway, TX a safe place to live?

Lakeway is considered a safe community, with a low violent crime rate of 62 incidents per 100,000 residents and a property crime chance of 1 in 102. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Texas.

Violent Crimes Per 100k
62
Property Crimes Per 100k
980
Crime Index
1,042
Chance Of Violent Crime
1 in 1,613
Chance Of Property Crime
1 in 102

Weather

What is the weather like in Lakeway, TX year-round?

Lakeway experiences four distinct seasons, with warm summers reaching highs of 96°F and cold winters dipping to 39°F. The area receives about 34 inches of rainfall annually and enjoys sunshine on 62% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
39°F
Max
63°F

Summer

Min
74°F
Max
96°F

Spring

Min
57°F
Max
82°F

Fall

Min
58°F
Max
83°F
Average Rainfall Inches
33.5 inches
Sunny Days Percentage
62%

Neighbors

The neighborhood boasts a healthy median household income of $147,000 and a low poverty rate of 4.6%. Over 98% of residents have at least a high school diploma, and nearly 64% hold a bachelor's degree or higher. Commute times average 31 minutes, and almost 2% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$78,500
Household Income
$147,000
Family Income
$171,000
Per Capita Income
$74,200
Income Male
$86,000
Income Female
$67,500
Poverty Rate
4.6%
Non English Speakers
18.4%
Rent
$2,050
Unemployment Rate
3.2%
Public Transport Usage
1.8%
Commute Time
31.4 minutes

Education

High School or Higher
97.5%
Bachelors or More
63.8%

Education

How are the schools in Lakeway, TX?

Lakeway offers quality education options, with public schools like Lakeway Elementary School and Hudson Bend Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Austin Community College – Highland Campus and University of Texas at Austin. The community is committed to educational excellence for all age groups.

Public Schools

Name
Lakeway Elementary School
Street
1701 Lohmans Crossing Rd
Phone
512-732-9270
Students
560
Student Teacher Ratio
14.1
Name
Hudson Bend Middle School
Street
15600 Lariat Trail
Phone
512-533-6200
Students
980
Student Teacher Ratio
15.3

Private Schools

Name
St. Gabriel’s Catholic School
Street
2500 Wimberly Ln
Phone
512-327-7755
Students
680

Colleges

Name
Austin Community College – Highland Campus
City
Austin
State
TX
Distance
22 miles
Students
20,000
Name
University of Texas at Austin
City
Austin
State
TX
Distance
24 miles
Students
52,000

Healthcare

Lakeway residents have access to quality healthcare, with major hospitals like Baylor Scott & White Medical Center – Lakeway and Ascension Seton Southwest Hospital nearby. The community benefits from a high physician-to-resident ratio of 2.7 per 1,000 people and 91.8% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Baylor Scott & White Medical Center – Lakeway
Address
100 Medical Pkwy, Lakeway, TX 78738
Phone
(512) 238-2770
Type
General & Surgical
Emergency Services
Yes
Name
Ascension Seton Southwest Hospital
Address
7900 FM 1826, Austin, TX 78737
Phone
(512) 324-9000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
2.7
Health Insurance Coverage
91.8%
Health Care Index
77.9

Housing Market

What is the housing market like in Lakeway, TX?

The local housing market is strong, with a median home price of $820,000 and an owner-occupied rate of nearly 88%. The market has seen a 3.9% appreciation over the past year, and rental vacancy rates remain moderate at 4.1%. Lakeway offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$820,000
Average Rent For 2 Bedroom
$2,050
Owner Occupied Rate
88.2%
Rental Vacancy Rate
4.1%
Home Appreciation Rate (1yr)
3.9%
New Construction Rate
2.6%
Foreclosure Rate
0.3%

DMV Information

Residents of Lakeway handle vehicle services through the Texas Department of Motor Vehicles, conveniently located in Austin. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Texas
Department
Texas Department of Motor Vehicles
Address
4000 Jackson Ave, Austin, TX 78731
Phone
1-888-368-4689

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Lakeway, TX

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Lakeway, review the core fields on this page: population 19,600, median home value $820,000, average rent for 2 bedroom $2,050, commute time 31.4 minutes, and sunny days percentage 62%.

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