Lakeway is a medium-sized city located in the state of Texas. With a population of 19,056 people and five associated neighborhoods, Lakeway is the 150th largest community in Texas. There's nothing like the smell of a brand new house, and in Lakeway, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Lakeway, and putting down their money on brand new construction. Lakeway’s real estate is, on average, some of the newest in the nation. Lakeway does seem to be experiencing an influx of affluent people, because the median household income is $190,060.00.

Lakeway home prices are not only among the most expensive in Texas, but Lakeway real estate also consistently ranks among the most expensive in America.

Also of interest is that Lakeway has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 50.19% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Lakeway is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Lakeway’s overall crime rate is lower than average for the country.

Lakeway is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

Do you like to read, write and learn? If you move to Lakeway, you'll likely find that many of your neighbors like to as well. Lakeway is one of the more educated communities in America, with a full 74.00% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Lakeway in 2022 was $106,890, which is wealthy relative to Texas and the nation. This equates to an annual income of $427,560 for a family of four.

Lakeway is a very ethnically-diverse city. The people who call Lakeway home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lakeway residents report their race to be White, followed by Asian. Lakeway also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.77% of the city’s residents. Important ancestries of people in Lakeway include German, English, Irish, Italian, and European.

The most common language spoken in Lakeway is English. Other important languages spoken here include Spanish and Chinese.