Lakeway, Texas Population 2024

19,169

Lakeway is a city located in Blanco County, Burnet County, and Travis County Texas. Lakeway has a 2024 population of 19,169. Lakeway is currently declining at a rate of -0.1% annually and its population has decreased by -0.41% since the most recent census, which recorded a population of 19,248 in 2020.

The average household income in Lakeway is $204,150 with a poverty rate of 2.95%. The median age in Lakeway is 50.2 years: 49.3 years for males, and 50.9 years for females.

Lakeway Demographics

According to the most recent ACS, the racial composition of Lakeway was:

  • White: 83.74%
  • Two or more races: 7.03%
  • Asian: 4.9%
  • Black or African American: 2.52%
  • Other race: 1.63%
  • Native American: 0.18%
  • Native Hawaiian or Pacific Islander: 0%
State
Texas
Land Area (mi²)
12.9 sq mi
Density (mi²)
1,489.70/sq mi
Growth Since 2020
-0.41% (-79)
The current population of Lakeway, Texas is 19,169 based on our projections of the latest US Census estimates (released May 2024). The last official US Census in 2020 recorded the population at 19,248.

Population by Race

Race
Population
Percentage (of total)
White15,77283.74%
Two or more races1,3257.03%
Asian9224.9%
Black or African American4752.52%
Other race3071.63%
Native American340.18%
Native Hawaiian or Pacific Islander00%

White

Two or more races

Asian

Black or African American

Other race

Native American

Native Hawaiian or Pacific Islander

Lakeway Population by Race

Lakeway Population Pyramid 2024

Lakeway Median Age

50.2

Total

49.3

Male

50.9

Female

Lakeway Adults

There are 14,683 adults, (4,605 of whom are seniors) in Lakeway.

Lakeway Age Dependency

86.9

Age Dependency Ratio

45.7

Old Age Dependency Ratio

41.2

Child Dependency Ratio

Lakeway Sex Ratio

Female9,61451.04%
Male9,22148.96%

Lakeway Population by Age

Lakeway Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All7,7452.4183.816.2
Married5,2062.7491.78.3
Non Family1,5081.0669.830.2
Female7442.6566.133.9
Male2872.859.640.4

2.71

Average Family Size

2.41

Average Household Size

83.8%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Lakeway Households and Families

Male

Female

Education Attained
Count
Percentage
9th to 12th Grade1260.9%
Associates Degree4463.18%
Bachelors Degree6,56346.77%
Graduate Degree3,52325.11%
High School Graduate9987.11%
Less Than 9th Grade80.06%
Some College2,36816.88%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Lakeway Educational Attainment by Sex (over 25)

Lakeway Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

Race
Total
High School
Bachelors
White11,53411,4298,206
Hispanic1,0981,077699
2+ Races762741485
Asian678678642
Black284276197
Other Race197197186
Native American343429

The highest rate of high school graduation is among native american people with a rate of 100%.

The highest rate of bachelors degrees is among asian people with a rate of 94.69%.

Lakeway Educational Attainment by Race

All

Male

Female

Name
Average
Male
Female
Bachelors Degree$93,870$124,667$67,783
Graduate Degree$161,470$170,377$111,375
High School Graduate$65,962$68,882$44,928
Less Than 9th Grade$0$0$0
Overall$98,941$128,090$68,528
Some College$68,977$81,250$45,170

$98,941

Average Earnings

$128,090

Average Male

$68,528

Average Female

Lakeway Earnings by Educational Attainment

Lakeway Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Lakeway Language

89.32% of Lakeway residents speak only English, while 10.68% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 4.44% of the population.

Lakeway Language

Lakeway Poverty by Race

rate

Name
Total
In Poverty
Poverty Rate
White14,6884853.3%
Multiple1,304342.61%
Asian922252.71%
Hispanic1,942231.18%
Black45181.77%

2.95%

Overall Poverty Rate

1.99%

Male Poverty Rate

3.86%

Female Poverty Rate

Poverty in Lakeway

The race most likely to be in poverty in Lakeway is White, with 3.3% below the poverty level.

The race least likely to be in poverty in Lakeway is Hispanic, with 1.18% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.71%. Among those working part-time, it was 1.55%, and for those that did not work, the poverty rate was 6.49%.

Lakeway Poverty

rate

Rate
Poverty
Less Than 9th Grade18.6%
High School4.65%
Bachelors or Greater3.3%
Some College2.4%

Lakeway Poverty Rate by Education

rate

Rate
Poverty
Female Employed1.32%
Male Employed0.88%
Male Unemployed0%
Female Unemployed0%

Lakeway Poverty Rate by Employment Status and Sex

Lakeway Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

Name
Median
Mean
Families$181,588$229,717
Households$154,118$204,150
Married Families$200,278$-999,999,999
Non Families$60,875$87,578

mean

median

Income by Household Type

Lakeway Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

68.0%

Overall Marriage Rate

70.4%

Male Marriage Rate

65.6%

Female Marriage Rate

Lakeway Married by Age and Sex

male

female

Lakeway Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 55-64.

Lakeway Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Lakeway Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

1,117

Number of Veterans

1,020

Male Veterans

97

Female Veterans

War
Veterans
Vietnam477
First Gulf War354
Second Gulf War172
Korea65
World War II26

Lakeway Veterans by War

count

Age Group
Veterans
65 to 74395
75+291
55 to 64214
35 to 54194
18 to 3423

Lakeway Veterans by Age

count

Name
Veterans
% of Total
White9980.07967427750279418
Hispanic1080.09
2+ Races930.10391061452513967
Black140.042042042042042045
Other Race120.05853658536585366

Lakeway Veterans by Race

Lakeway Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

2.25%

Veteran Poverty Rate

22.16%

Veteran Disability Rate

Lakeway Veterans by Education

LaborForceParticipation

57.4%

Labor Force Participation

55.8%

Employment Rate

2.8%

Unemployment Rate

Lakeway Employment by Age

LaborForceParticipation

Lakeway Employment by Race

LaborForceParticipation

Lakeway Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

40.57%

Born in Lakeway

92.44%

Native Born

7.56%

Foreign Born

2.31%

Non Citizen

5.25%

Naturalized

Place of Birth

92.44% of Lakeway residents were born in the United States, with 40.57% having been born in Texas. 2.31% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Lakeway Place of Birth

Note: data after 2022 is projected based on recent change
Year
Population
Growth
Change
202919,070-20-0.1%
202819,090-20-0.1%
202719,110-19-0.1%
202619,129-20-0.1%
202519,149-20-0.1%
202419,169-20-0.1%
202319,189-248-1.28%
202219,4372001.04%
202119,237-11-0.06%
202019,2483,30020.69%
201915,9483132%
201815,6354252.79%
201715,2104983.38%
201614,7125173.64%
201514,1955153.76%
201413,6805233.98%
201313,1574093.21%
201212,7486225.13%
201112,1263713.16%
201011,75500%
20008,0023,95897.87%
19904,044-15,026-78.79%

Lakeway Population by Year