Median Income
$111,014
household / year
Median Home Value
$304,200
owner-occupied
Median Rent
$1,720
gross / month
Cost of Living
91
national avg = 100

Is Woodway, TX a Good Place to Live?

Woodway is a small town of 9,399 in Texas, with a median household income of $111,014 and a 4.1% unemployment rate. Its cost of living index is 91 (US average = 100), which is 9% below the national average.

Strengths: Woodway stands out for an affordable cost of living, lower-than-average crime, solid school ratings (A), a well-educated population, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Woodway is right for you depends on your priorities — the full breakdown is below.

All Woodway 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: 90.8

Woodway's overall cost of living index is 90.8, where 100 represents the US national average. Living in Woodway costs roughly 9% less than the average American city.

Metric Woodway, TX National Avg
Median Home Value $304,200 $244,900
Median Monthly Rent $1,720 $1,163
Homeownership Rate 87.8% 65.9%
Median Household Income $111,014 $74,755

Crime & Safety

Very Safe

Woodway's violent crime rate is 122.9 per 100,000 residents — 68% lower than the national average of ~380 per 100,000.

Violent Crime
122.9 /100k
Property Crime
941.9 /100k

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

Schools & Education

Woodway is served primarily by MIDWAY ISD. The student-to-teacher ratio is 15.2:1 (better than the national average of ~16:1).

Metric Woodway, TX National Avg
School District MIDWAY ISD
Elementary Schools N/A
Middle Schools 2
High Schools 2
Student/Teacher Ratio 15.2:1 16:1
Bachelor's Degree or Higher 63.3% 35.4%
High School Diploma or Higher 97.2% 91.1%

Weather & Climate

Woodway sees average highs of 58.5°F in January and 94.5°F in July, with 38.4 inches of annual precipitation .

MetricWoodway, TX
Average High — January58.5°F
Average High — July94.5°F
Annual Precipitation38.4"
Annual SnowfallTrace / None

Demographics

MetricWoodway, TXNational Avg
Population9,399
Median Age42.738.9
Unemployment Rate4.1%3.7%
Avg Commute Time18.0 min26 min
White (non-Hispanic)87.8%59.3%
Black or African American3.8%13.6%
Hispanic or Latino3.6%18.9%
Asian3.1%6.3%
Under 1824.1%22.2%
65 and over22.6%16.8%

Nearby Cities

Woodway vs Other Cities

Frequently Asked Questions

Woodway's cost of living index is 91, where 100 is the national average. That makes Woodway roughly 9% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $304,200 and median rent is $1,720/month.
Woodway's violent crime rate is 122.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 941.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Woodway are operated by MIDWAY ISD. The district has several elementary, 2 middle, and 2 high schools. The student-to-teacher ratio is 15.2:1. 63.3% of adults 25+ hold a bachelor's degree or higher.
Woodway, TX has a population of 9,399, a median household income of $111,014, and an unemployment rate of 4.1%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Woodway averages 58.5°F in January and 94.5°F in July. Annual rainfall is 38.4 inches . Based on NOAA 30-year climate normals (1991–2020).
The population of Woodway, Texas is 9,399 with a median age of 42.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Woodway: cost of living index 91 (100 = US average), median home $304,200, median household income $111,014, crime index 37 (100 = US average, lower is safer), schools rated A. Whether these are benefits or drawbacks depends on where you're coming from — compare Woodway side by side with your current city to see the trade-offs.