What are the schools like in Lakeway, TX?

Lakeway is served primarily by LAKE TRAVIS ISD. The district operates 7 elementary schools, 3 middle schools, and 1 high schools with a student-to-teacher ratio of 16.4:1.

What is the median household income in Lakeway?

The median household income in Lakeway, TX is $154,118 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 2.8%.

What is the weather like in Lakeway, TX?

Lakeway has an average high temperature of 60.4°F in January and 94.2°F in July. Annual precipitation averages 38.7 inches and annual snowfall averages 0.3 inches.

Lakeway, TX Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Lakeway, TX affordable or expensive?

Lakeway's cost of living index is 98, where 100 represents the national average. This means Lakeway is 2% less expensive than the average US city. The median home value is $636,700 and the median rent is $2,563 per month.

Q: What is the crime rate in Lakeway, TX?

Lakeway has a violent crime rate of 78.2 incidents per 100,000 residents and a property crime rate of 1220.7 per 100,000. The national average violent crime rate is approximately 380 per 100,000.

Is Lakeway, TX a Good Place to Live?

Lakeway is a small city of 18,835 in Texas, with a median household income of $154,118 and a 2.8% unemployment rate. Its cost of living index is 98 (US average = 100), which is 2% below the national average.

Strengths: Lakeway stands out for lower-than-average crime, solid school ratings (A), a well-educated population.

Trade-offs: Potential downsides include high home prices. Whether Lakeway is right for you depends on your priorities — the full breakdown is below.

All Lakeway city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 97.6

Lakeway's overall cost of living index is 97.6, where 100 represents the US national average. Living in Lakeway costs roughly 2% less than the average American city.

Metric	Lakeway, TX	National Avg
Median Home Value	$636,700	$244,900
Median Monthly Rent	$2,563	$1,163
Homeownership Rate	83.8%	65.9%
Median Household Income	$154,118	$74,755

Crime & Safety

Very Safe

Lakeway's violent crime rate is 78.2 per 100,000 residents — 79% lower than the national average of ~380 per 100,000.

Violent Crime

78.2 /100k

Property Crime

1220.7 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Lakeway is served primarily by LAKE TRAVIS ISD. The student-to-teacher ratio is 16.4:1 (slightly above the national average of ~16:1).

Metric	Lakeway, TX	National Avg
School District	LAKE TRAVIS ISD	—
Elementary Schools	7	—
Middle Schools	3	—
High Schools	1	—
Student/Teacher Ratio	16.4:1	16:1
Bachelor's Degree or Higher	71.9%	35.4%
High School Diploma or Higher	99.0%	91.1%

Weather & Climate

Lakeway sees average highs of 60.4°F in January and 94.2°F in July, with 38.7 inches of annual precipitation and 0.3 inches of snow per year.

Metric	Lakeway, TX
Average High — January	60.4°F
Average High — July	94.2°F
Annual Precipitation	38.7"
Annual Snowfall	0.3"

Demographics

Metric	Lakeway, TX	National Avg
Population	18,835	—
Median Age	50.2	38.9
Unemployment Rate	2.8%	3.7%
Avg Commute Time	27.1 min	26 min
White (non-Hispanic)	83.7%	59.3%
Black or African American	2.5%	13.6%
Hispanic or Latino	5.8%	18.9%
Asian	4.9%	6.3%
Under 18	22.0%	22.2%
65 and over	24.4%	16.8%

Nearby Cities

The Hills, TX 1 mi Point Venture, TX 2 mi Bee Cave, TX 4 mi Briarcliff, TX 5 mi Hudson Bend, TX 5 mi

ZIP Codes in Lakeway

Lakeway, TX is covered by 1 ZIP code:

78734

Lakeway vs Other Cities

Lakeway, TX vs The Hills, TX Lakeway, TX vs Point Venture, TX Lakeway, TX vs Bee Cave, TX Lakeway, TX vs Briarcliff, TX Lakeway, TX vs Hudson Bend, TX

Frequently Asked Questions

Is Lakeway, TX affordable or expensive?

Lakeway's cost of living index is 98, where 100 is the national average. That makes Lakeway roughly 2% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $636,700 and median rent is $2,563/month.

What is the crime rate in Lakeway, TX?

Lakeway's violent crime rate is 78.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1220.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.

What are the schools like in Lakeway?

Public schools in Lakeway are operated by LAKE TRAVIS ISD. The district has 7 elementary, 3 middle, and 1 high schools. The student-to-teacher ratio is 16.4:1. 71.9% of adults 25+ hold a bachelor's degree or higher.

Is Lakeway, TX a good place to live?

Lakeway, TX has a population of 18,835, a median household income of $154,118, and an unemployment rate of 2.8%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Lakeway?

Lakeway averages 60.4°F in January and 94.2°F in July. Annual rainfall is 38.7 inches with about 0.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Lakeway?

Lakeway, TX is covered by 1 ZIP code: 78734.

What is the population of Lakeway?

The population of Lakeway, Texas is 18,835 with a median age of 50.2. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Lakeway?

Key numbers for living in Lakeway: cost of living index 98 (100 = US average), median home $636,700, median household income $154,118, crime index 36 (100 = US average, lower is safer), schools rated A. Whether these are benefits or drawbacks depends on where you're coming from — compare Lakeway side by side with your current city to see the trade-offs.