The United States Census Bureau recently released data from its American Communities Survey, which encompasses the years from 2014-2018. The city of Lakeway is continuing to build more new residential developments and expand existing residential developments, which is one reason for its 15.41% population increase from 2014-18. The median home value in Lakeway also jumped more than $30,000 from 2017-18.
Population
2014: 12,709
2015: 13,212
2016: 13,662
2017: 14,147
2018: 14,667
5-year change: 15.41%
Median home value
2013: $372,800
2018: $464,100
Median annual household income
2013: $103,818
2018: $131,230
Rent vs. mortgage
Median monthly rent: $1,778
Median monthly mortgage: $2,796
Median resident age
2013: 44.3
2018: 47.7
Education level
High school diploma
2013: 97.9%
2018: 99.2%
Bachelor’s degree or higher
2013: 64.1%
2018: 67.2%