
Texas · Census place 40984
Lakeway, TX population, income and ZIP codes
Quick answer
The population of the city of Lakeway, Texas (Lakeway, TX — Census place “Lakeway city”) is 19,130 residents, ranking #165 of 1863 places in Texas. Median household income is $164,978, the median home is worth $695,400 and median gross rent runs $3,123 a month. Looking for the Lakeway Texas ZIP code list? 2 ZIP codes serve Lakeway, TX: 78734, 78738.
- Population
- 19,130Lakeway city residents
- Median household income
- $164,978Past 12 months, inflation adjusted
- Median home value
- $695,400Owner-occupied units
- Median gross rent
- $3,123Rent plus utilities, monthly
- Median age
- 50.3 yrsAll residents
- Homeownership rate
- 85.7%Owner-occupied households
Lakeway ZIP codes (Texas)
Census ZCTAs whose delivery area overlaps Lakeway.
The Lakeway TX ZIP code list below covers 2 ZIP codes. Open any one for its population, income, housing and rent profile.
What the numbers mean in Lakeway city
Housing cost measured against local earnings.
A household earning the Lakeway city median would spend about 22.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.9% of residents and 85.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Lakeway city, TX in context
How this area compares with national benchmarks.
Lakeway city is a mid-size town in Texas, with 19,130 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #165 of 1,863 ranked by population — larger than 91% of them. The median age here is 50.3 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.
Households in Lakeway city earn a median of $164,978 a year, 110.1% above the national figure of $78,538 and 155% above the $64,654 median for the 1,008 Texas cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 2.9% of residents here, less than half the 12.4% national rate.
The typical owner-occupied home in Lakeway city is valued at $695,400, 129.2% above the national figure and 288% above the $179,100 peer median, while median gross rent runs $3,123 a month, 122.1% above the national figure, or roughly $37,476 across a full year. A household on the local median income would put about 22.7% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 4.2×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 85.7% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.
A median age of 50.3 puts Lakeway city well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages.
Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in Texas.
- Terrell city 19,019
- Cinco Ranch CDP 19,139
- Crowley city 19,007
- Orange city 19,178
- Seagoville city 18,968
- Alton city 19,205
- Palestine city 18,888
- Boerne city 19,509
Keep going
More Texas coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Lakeway city?
- Lakeway city has 19,130 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #165 of 1,863 in Texas.
- What is the median household income in Lakeway city?
- Median household income in Lakeway city is $164,978 a year, 110.1% above the national figure of $78,538.
- How much does it cost to rent or buy in Lakeway city?
- Median gross rent is $3,123 a month and the median home value is $695,400, so rent absorbs about 22.7% of median household income.
- Is Lakeway city affordable compared with the rest of the US?
- Homes cost about 4.2× the local median income here versus roughly 3.9× nationally, so Lakeway city is less affordable to buy in than the typical US market, and rent takes 22.7% of median income against the 30% cost-burden line.
- How current is this Lakeway city data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.