Lakeway, TX Demographics

The total population of Lakeway is estimated to be 18,835 with 9,221 males (48.96%) and 9,614 females (51.04%). There are 393 more females than males in Lakeway.
The median household income in Lakeway was $154,101 in 2021, which marked an an increase of 1,738(1.14%) from $152,363 in 2020. This income is 206.55% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lakeway sees its highest median household income among householders in the age group of 45 to 64 years old, at $197,698. Overall, the median household income for the city of Lakeway stands at $154,101.
In Lakeway, the median income for all workers aged 15 years and older, regardless of work hours, was $108,545 for males and $45,159 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $150,089 for males and $94,847 for females.
In Lakeway, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $246,899, while White households represent the opposite end with the lowest median household income of $151,144.
In 2022, the population of Lakeway was 19,429, a 1.01% increase year-by-year from 2021. Previously, in 2021, Lakeway's population was 19,235, a decline of 0.08% compared to a population of 19,251 in 2020.
The median age in Lakeway, TX is 49.2, as per 2021 ACS 5-Year Estimates. Of the total population, 18.04% were under the age of 15, 9.98% aged 15 to 29, 49.49% aged 30 to 64, 20.71% aged 65 to 84, and 1.78% were 85 years of age and older.
Racial distribution of Lakeway population: 85.91% are White, 2.67% are Black or African American, 0.17% are American Indian and Alaska Native, 3.99% are Asian, 1.59% are some other race and 5.66% are multiracial.