Living in and Moving to Lakeway, Texas

Cost to Move to Lakeway, Texas

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Cost of living in Lakeway, Texas

Housing Costs

The median home price in Lakeway, Texas, as of 2023, is approximately $675,000, reflecting its status as a desirable suburban area near Austin. This is significantly higher than the national median home price of around $400,000, though it is somewhat in line with other affluent suburban communities in the Austin metro area. Renting is also on the rise in Lakeway, with average rental prices for a one-bedroom apartment at about $1,550 per month and for a three-bedroom home around $2,500 per month. Given Lakeway’s desirable location near Lake Travis and its family-friendly amenities, the housing market here tends to be competitive, making it essential for prospective buyers and renters to act quickly. You can find more about the local housing market at Zillow’s Lakeway Housing Market.

Utilities

The average cost of utilities in Lakeway is about $200 per month for a typical 900 square-foot apartment, including electricity, heating, cooling, water, and garbage. The cost of electricity alone is typically around $130 per month. Utility costs can vary depending on the size of the home, usage, and the specific service providers. Given the warm Texas climate, air conditioning can significantly increase energy bills in the summer. To get more details on utility costs for the area, you can refer to Numbeo’s Cost of Living Data.

Groceries/Food

The average monthly grocery bill for a single person in Lakeway is approximately $300-$400. Common grocery prices include a gallon of milk for around $2.50, a loaf of bread for $2.50, and eggs for about $3.50 per dozen. Dining out also varies, with an average cost of a meal at a mid-range restaurant being around $20 to $30 per person. For families, the grocery costs can rise depending on household size and eating habits. For more specific food and grocery costs, you can visit Numbeo.

Transportation

Lakeway residents primarily rely on private vehicles for transportation, as public transit options are limited. The average cost of gas in the area is approximately $3.30 per gallon as of 2023, which is slightly higher than the national average. Additionally, residents can expect to spend around $120 per month on car insurance, depending on their driving history and the type of coverage they select. Monthly parking fees in the area are minimal, but this can vary depending on your proximity to major business districts. For detailed cost analysis on transportation, refer to Best Places.

Healthcare

The cost of healthcare in Lakeway is comparable to the broader Austin area. A routine doctor’s visit typically costs around $120 to $160 without insurance, while a dental checkup may run about $95 to $200. Health insurance premiums in Lakeway can vary, but a single individual might expect to pay around $300 to $500 per month for a mid-tier plan through the marketplace. For families, this cost can rise to $1,000 or more per month depending on the plan chosen. For detailed data on healthcare costs, visit HealthCare.gov.

Childcare and Education

Childcare costs in Lakeway are among the higher costs in the region. Full-time daycare for an infant can cost around $1,000 per month, while part-time care generally falls in the $600 to $700 range. Public education in Lakeway is served by the Lake Travis Independent School District, which is known for its high performance, but families should consider private school tuition if that is preferred, with average annual fees for private elementary school students ranging from $10,000 to $15,000. For more detailed information on education and childcare costs, check out Care.com’s Cost of Care.

Taxes

The state of Texas does not have a state income tax, which can make it an attractive option for those looking to reduce their overall tax burden. However, Lakeway residents are subject to property taxes, which are among the highest in the state. The combined property tax rate for Lakeway is about 2.2%, which can add up to a significant expense for homeowners, depending on the value of their property. Sales tax in Lakeway is 8.25%, including the state and local portion. For more details on Texas property taxes, visit Texas Comptroller Property Tax Information.

Insurance

Homeowner’s insurance in Lakeway is typically more expensive than the state average due to the proximity to Lake Travis and flood risks. The average annual premium for homeowner’s insurance in Lakeway is about $1,500, with costs depending on the home’s location, value, and specific coverage needs. Car insurance in Lakeway, as mentioned earlier, averages $120 per month. For life insurance, premiums in the area average $40 to $60 per month for a basic term policy. For more details on local insurance rates, visit ValuePenguin’s Insurance Cost Information.

Recreation and Entertainment

Lakeway offers a wide range of recreational activities, many of which are centered around the beautiful Lake Travis. Residents can expect to pay around $10 to $15 for a day pass to local parks or beaches, while golf course memberships typically range from $200 to $500 per month, depending on the course and level of membership. Movie tickets cost around $12 per person, and family outings to local attractions or theme parks can range from $50 to $150 depending on the size of the group. For more detailed information, visit Lakeway’s Official Website.

Clothing

The cost of clothing in Lakeway is relatively average for the region. A pair of jeans typically costs around $40, and a pair of running shoes can range from $60 to $100. For those shopping for children’s clothing, prices generally start around $15 for basic items like t-shirts or shorts. Local shopping centers such as the Hill Country Galleria provide access to both mainstream and designer brands, with price points reflecting the area’s affluent demographics. For more details, you can visit Numbeo.

Personal Care

Personal care costs in Lakeway are on par with national averages, though they can be slightly higher due to the community’s affluence. A typical haircut for a man or woman in the area will cost between $30 and $60, while a basic gym membership runs around $40 to $70 per month. For personal care products, expect to pay about $3 for shampoo or soap, and cosmetics may range from $10 to $40 for basic products. More luxurious or boutique salons may charge premium prices for services. For additional pricing information, you can visit Numbeo.

Miscellaneous Expenses

Miscellaneous expenses in Lakeway tend to reflect its higher cost of living, with items like dry cleaning ranging from $10 to $20 per garment, and pet care (like dog walking or grooming) averaging $20 to $50 per session. Entertainment, such as theater tickets, can run around $25 to $50 per person, and household goods like electronics and appliances can be purchased for higher-than-average prices due to the area’s demographics. For more details on miscellaneous costs, you can refer to Numbeo.

Is Lakeway, Texas a safe place to live – Crime Rates?

Crime Rate

Lakeway, Texas, has a relatively low crime rate compared to both national and state averages. According to recent data, the overall crime rate in Lakeway is approximately 1,800 incidents per 100,000 residents, which is significantly lower than the national average of 2,400 incidents per 100,000 people. This indicates that Lakeway is considered a safer place to live when it comes to general crime. For more detailed crime data specific to Lakeway, you can refer to the NeighborhoodScout Lakeway Crime Statistics.

Violent Crime Rate

The violent crime rate in Lakeway is also notably low. Recent statistics show that the violent crime rate in Lakeway is around 100 per 100,000 residents, which is much lower than the Texas average of 400 per 100,000 residents and far below the national average of 380 per 100,000. Violent crimes in the area include offenses such as aggravated assault, robbery, and sexual assault, but these occurrences are rare in this community. For more on violent crime statistics in Lakeway, check out NeighborhoodScout’s Violent Crime Data.

Property Crime Rate

Lakeway’s property crime rate is also lower than the national average. The rate of property crime in the area is approximately 1,400 per 100,000 people, compared to the national average of 2,200. This includes crimes like burglary, larceny-theft, and motor vehicle theft, but Lakeway remains safer than many urban and suburban areas across the country. The reduced property crime rate is an appealing factor for those considering living in the area. More details on property crime data can be found at NeighborhoodScout’s Property Crime Data.

Police Presence

Lakeway is served by the Lakeway Police Department, which is known for its active and engaged community policing efforts. The department works to maintain safety and prevent crime through patrols, community outreach, and crime prevention programs. Lakeway’s police officers are highly regarded by residents for their professionalism and approachability. The department operates with a relatively low crime rate, suggesting an effective law enforcement presence. For more information about the Lakeway Police Department, visit Lakeway Police Department Website.

Neighborhood Watch Programs

Lakeway has several active neighborhood watch programs that work in partnership with local law enforcement to monitor suspicious activities and maintain community safety. These programs involve residents who volunteer to keep an eye on their neighborhoods, report concerns, and communicate effectively with local police. The presence of neighborhood watch groups further enhances the overall safety and security of the area. More information about these programs can be found on the Lakeway Police Department Neighborhood Watch Program.

Safety Rankings

Lakeway consistently ranks as one of the safer cities in the Austin metro area. It has earned a reputation for being family-friendly and secure, with many families choosing to move to the area for its safe environment. According to recent data, Lakeway has an overall safety ranking that places it in the top tier of Texas cities in terms of low crime and safe living conditions. For more specific rankings and comparisons, you can refer to AreaVibes Safety Rankings.

Trend Data

Over the past several years, Lakeway has seen a downward trend in crime rates, particularly violent crime and property crime. While there are occasional spikes in certain types of crime, these are generally isolated incidents rather than ongoing patterns. The city’s proactive efforts, along with growing community engagement, have contributed to this positive trend. To explore long-term crime trend data, you can visit NeighborhoodScout Crime Trends.

School Safety

The safety of schools in Lakeway is a priority for both parents and administrators. Lake Travis Independent School District, which serves Lakeway, has high safety standards, with a focus on bullying prevention, mental health support, and security measures. School resource officers are stationed at various campuses, and the district works closely with local law enforcement to ensure a safe learning environment. While no school system is completely free of incidents, Lake Travis ISD schools maintain a positive reputation for safety. For more information about school safety, visit Lake Travis Independent School District Website.

What are the demographics of Lakeway, Texas?

White

The population of Lakeway, Texas, is predominantly White, with approximately 88% of residents identifying as White alone. This is higher than the national average, which hovers around 76% for White residents. This demographic makes up the majority of the community, contributing to the city’s suburban, family-oriented environment. For more detailed demographic information, you can visit the United States Census Bureau.

Black or African American

Black or African American residents in Lakeway make up approximately 4.5% of the total population. This percentage is relatively low compared to the national average, where Black or African American individuals represent around 13% of the U.S. population. Lakeway’s African American population has remained stable, contributing to the area’s diverse community. For more data on this demographic, refer to United States Census Bureau.

Hispanic or Latino

The Hispanic or Latino population in Lakeway is about 10.5%, which is in line with the broader Texas state average. This group has seen gradual growth over the past decade, reflecting broader demographic trends in the state. Hispanic or Latino residents contribute significantly to the cultural diversity of the city, with many residing in family-oriented communities. More information on this demographic is available at United States Census Bureau.

Two or More Races

A small but growing segment of Lakeway’s population, around 2.5%, identifies as being of two or more races. This is in line with national trends, as more individuals embrace multi-racial identities. The two or more races category includes individuals who identify with a combination of different racial backgrounds, contributing to the overall diversity of the community. For further demographic data, refer to the United States Census Bureau.

Asian

The Asian population in Lakeway is about 2%, which is lower than the national average of roughly 6%. Asian residents in Lakeway represent a variety of countries of origin, contributing to the area’s multicultural population. As with other demographic groups, this population has shown steady growth in recent years. You can find more details about the Asian demographic in Lakeway at United States Census Bureau.

Native American

The Native American population in Lakeway is quite small, making up less than 1% of the population. This is typical of suburban areas in Texas, where Native American residents are a minority group. For additional demographic insights, you can visit the United States Census Bureau.

Native Hawaiian or Pacific Islander

Lakeway has an extremely small population of Native Hawaiian or Pacific Islander residents, making up less than 0.5% of the total population. This group is generally underrepresented in suburban areas across the United States. For further demographic breakdowns, you can refer to the United States Census Bureau.

Sources

• United States Census Bureau QuickFacts: Lakeway, Texas

Lakeway, Texas Population by Age and Gender

The total population of Lakeway, Texas is approximately 16,000 as of the most recent data from the 2020 census. Lakeway has experienced steady growth over the past few years, reflecting its desirability as a suburban area near Austin, Texas. Below is a detailed breakdown of the demographics by gender, age, and other related statistics.

Total Population by Gender

Lakeway’s population is relatively balanced between men and women. The gender distribution shows that approximately 48.5% of the population is male, while 51.5% is female. This is typical of suburban areas in the United States, where there is often a slight female majority. For more information, refer to the United States Census Bureau QuickFacts.

Age Distribution

The age distribution in Lakeway is diverse, with a significant portion of the population falling within the middle-aged and senior categories. The median age of residents is approximately 47 years. The population is somewhat older than the national median age, which is around 38 years. This reflects the area’s appeal to retirees and families looking for a suburban lifestyle. The age breakdown by group is as follows:

• Under 18 years: 22.3%
• 18-24 years: 5.5%
• 25-44 years: 19.7%
• 45-64 years: 26.5%
• 65 years and over: 26.0%

This age distribution indicates a strong presence of retirees and older adults, making Lakeway an attractive location for those seeking a quiet, family-friendly environment. For more details on age distribution, you can visit the United States Census Bureau QuickFacts.

Gender Distribution within Age Groups

Within age groups, the gender distribution in Lakeway is generally balanced, with slight variations in certain age ranges. The largest age group, those 45-64 years old, is approximately 52% female and 48% male. Among the senior population (65 years and older), females make up about 60%, reflecting national trends where women tend to live longer than men. These figures highlight Lakeway’s aging population, with a larger proportion of older women. For more information on gender distribution, you can visit United States Census Bureau QuickFacts.

Median Age

The median age in Lakeway is approximately 47 years, which is significantly higher than the national median of 38 years. This indicates that Lakeway is a popular location for families with children as well as retirees, providing a range of services and amenities catering to both demographics. The higher median age contributes to Lakeway’s reputation as a peaceful and family-oriented suburb. For additional details, you can refer to United States Census Bureau QuickFacts.

Dependency Ratios

The dependency ratio in Lakeway is estimated to be 45.3%, meaning that for every 100 working-age individuals (ages 18-64), there are approximately 45 dependents (children and elderly). This ratio reflects the fact that Lakeway has a relatively high proportion of senior residents and children, creating a need for a balance of services and support for both groups. This dependency ratio is higher than the national average, suggesting the presence of a relatively older population. For more detailed data, you can visit United States Census Bureau QuickFacts.

Sources

• United States Census Bureau QuickFacts: Lakeway, Texas

Lakeway, Texas Zip Codes

Lakeway, Texas, primarily has the following ZIP codes:

• 78734
• 78738

This ZIP code covers the majority of the Lakeway area.

What is the history of Lakeway, Texas?

History of Lakeway, Texas

Lakeway, Texas, is a picturesque lakeside community located in the Hill Country, just west of Austin. The history of Lakeway dates back to the 1960s when it was initially developed as a resort community. The area that is now Lakeway was originally inhabited by Native American tribes, but by the mid-1800s, European settlers began to arrive in the region. The area was known for its beautiful views of Lake Travis and the surrounding hill country, making it an attractive location for those looking to establish a peaceful community away from the hustle and bustle of downtown Austin.

Lakeway’s formal development began in 1963 when the Texas real estate developer, Malcolm McCullough, purchased the land. McCullough envisioned the area as a resort community with a golf course, country club, and homes offering spectacular views of the lake. He began by constructing the Lakeway Inn, a large resort hotel that would serve as the focal point of the community. The original plan for the town included a combination of homes, recreational facilities, and commercial properties, all designed to cater to wealthy vacationers and seasonal residents. This early vision helped establish Lakeway as a luxury destination for those looking to escape the more densely populated areas of Austin.

In the 1970s, the city of Lakeway began to grow in earnest as more homes were built, and people began to relocate to the area. By the mid-1970s, Lakeway was officially incorporated as a city, and local governance was established. As the city grew, more amenities were added, including parks, schools, and services, all designed to support its growing population. The construction of the Lakeway Marina and other lake-related recreational facilities attracted more residents, and the town began to shift from a seasonal resort to a full-time residential community. By the 1980s, Lakeway was no longer just a vacation retreat but a thriving suburban city, complete with its own local government and businesses.

The 1990s and early 2000s saw continued growth for Lakeway, with new residential developments, more commercial growth, and the expansion of services to meet the needs of the increasing population. The development of new neighborhoods, including more upscale housing options, helped solidify Lakeway’s reputation as one of the most desirable places to live in the Austin area. The city’s location near Lake Travis, combined with the serene landscape and access to top-tier schools, made it a favorite for families and retirees alike.

Today, Lakeway is a thriving community that has grown significantly from its original resort-style origins. It is a full-service city with a wide variety of amenities, including parks, recreational areas, golf courses, and a growing business sector. The city is known for its strong sense of community, excellent schools, and family-friendly atmosphere. Despite its growth, Lakeway has managed to maintain its peaceful, small-town charm while continuing to evolve into a dynamic, well-established suburban community in the heart of Texas Hill Country.

Sources

• City of Lakeway Official History
• The Texas Tribune – Lakeway’s Growth History

Lakeway, Texas Weather

Average Temperature (by Month)

The climate in Lakeway, Texas is characterized by hot summers and mild winters. Below is the average monthly temperature data for Lakeway:

• January: 47°F (8°C)
• February: 50°F (10°C)
• March: 58°F (14°C)
• April: 67°F (19°C)
• May: 74°F (23°C)
• June: 82°F (28°C)
• July: 88°F (31°C)
• August: 87°F (31°C)
• September: 81°F (27°C)
• October: 69°F (21°C)
• November: 57°F (14°C)
• December: 48°F (9°C)

Lakeway’s weather is typical of Central Texas, with summer temperatures often reaching into the 90s (°F), making air conditioning a necessity during the hotter months. In comparison, the Texas average temperature for each month is generally a few degrees higher, with July and August often hitting temperatures over 90°F across the state. The national average for monthly temperatures tends to be much cooler, especially during winter months.

For more detailed temperature data, visit The Weather Channel’s Monthly Weather Forecast.

Precipitation (Rain) Patterns

Lakeway experiences moderate rainfall throughout the year, with the highest precipitation occurring during the spring months. On average, Lakeway receives about 35 inches of rain annually. The wettest months are typically May and June, with an average of 4-5 inches of rain per month. The driest months are typically from December to February, with rainfall averaging about 2 inches or less during these months.

This precipitation is fairly typical for Central Texas, where rainfall can be sporadic, but the area experiences significant seasonal variation. In comparison, the average annual rainfall for the state of Texas is approximately 27 inches, meaning Lakeway’s rainfall is slightly above the state average. Nationally, the average annual rainfall is about 38 inches, making Lakeway’s rainfall slightly below the national average.

For further details on Lakeway’s precipitation patterns, refer to US Climate Data for Lakeway, Texas.

Extreme Weather Events

Lakeway is located in Central Texas, an area known for experiencing severe weather, including thunderstorms, hail, and occasional tornadoes. Thunderstorms are common in the spring and summer months, often bringing heavy rain, strong winds, and lightning. While tornadoes are not as frequent as in other parts of Texas, the region is still considered part of “Tornado Alley,” and the risk exists during severe weather events.

In addition to thunderstorms, the area can occasionally experience flash flooding due to the combination of heavy rain and the topography of the region. The frequency of extreme weather events is generally less than in other parts of the state, such as the Panhandle or eastern Texas.

For more information on severe weather risks in Lakeway, check out National Weather Service – Extreme Weather and Preparedness.

Humidity Levels

Lakeway experiences high humidity levels, especially during the summer months. The average relative humidity ranges from 50-70% year-round, but it can feel much higher during the hot summer months due to the combination of heat and moisture. Humidity levels are lowest in the winter months, but still remain relatively high compared to many other parts of the country.

In comparison to the state of Texas, which experiences average humidity levels of around 60%, Lakeway’s humidity is typical of Central Texas. Nationally, humidity levels are generally lower, with many regions experiencing average relative humidity closer to 40-50% throughout the year.

For more on humidity data in Lakeway, refer to The Weather Channel’s Monthly Weather Forecast.

Sunlight

Lakeway, Texas, enjoys abundant sunshine throughout the year. The city experiences around 230 sunny days per year, which is significantly higher than the national average of about 205 sunny days annually. The summer months, in particular, see long days with plenty of sunshine, making it ideal for outdoor activities on Lake Travis and other local parks.

In comparison, Texas as a whole experiences an average of about 235 sunny days each year. Nationally, the amount of sunlight varies greatly by region, with places like Arizona and Nevada seeing far more sunshine, while parts of the northeastern United States may experience significantly fewer sunny days.

For more details on Lakeway’s sunlight, check out US Climate Data for Lakeway, Texas.

Wind Patterns

Lakeway experiences mild to moderate winds throughout the year, with average wind speeds ranging from 5-10 miles per hour. Winds are generally higher during the spring and fall months due to seasonal weather patterns, but they are typically not strong enough to cause major disruptions. Stronger winds are occasionally experienced during thunderstorms, but such events are generally short-lived.

Compared to the state of Texas, which can experience higher wind speeds, particularly in the Panhandle, Lakeway’s winds are generally moderate. Nationally, wind speeds across the country vary greatly, with coastal regions and plains states experiencing higher average wind speeds than areas like the Southeast or Pacific Northwest.

For more on wind patterns in Lakeway, refer to The Weather Channel’s Monthly Weather Forecast.

Sources

• The Weather Channel’s Monthly Weather Forecast
• US Climate Data for Lakeway, Texas
• National Weather Service – Extreme Weather and Preparedness

Average Income in Lakeway, Texas

Average Annual Salary

The average annual salary in Lakeway, Texas, is approximately $75,000. This is higher than the state average for Texas, which stands at around $60,000 per year. Lakeway’s higher average income reflects the affluent nature of the community, with many residents working in professional, managerial, and technical occupations. The cost of living in Lakeway, while lower than that of Austin, still supports higher income levels due to the desirable suburban setting near the city. In comparison, the national average for annual salary is around $54,000, further highlighting the relative affluence of Lakeway compared to other regions in the United States.

For more details on average annual salary data, refer to BestPlaces Income Data for Lakeway, Texas.

Most Popular Jobs/Careers

In Lakeway, as with many suburban communities near Austin, the most popular jobs are in professional services, management, healthcare, and education. Residents commonly work as managers, engineers, software developers, and in various healthcare-related roles. Many individuals also find employment in real estate, retail management, and the hospitality industry, especially given the area’s proximity to Lake Travis and the growing tourism sector. The area’s median household income supports these job sectors, which are in line with the higher-paying professional and technical roles typical of Central Texas. Popular roles also include positions in finance, law, and architecture due to the area’s affluent residential market.

For more information on popular careers in Lakeway, refer to ZipRecruiter’s Salary Data for Lakeway, Texas.

Highest Paid Jobs Popular to the Area

Some of the highest paid jobs in Lakeway include positions in software development, engineering, medical professions (such as physicians and dentists), and law. The presence of high-income earners reflects the upscale nature of the community, where professional services in sectors such as technology and healthcare dominate. These positions often offer salaries well above the national average, with many professionals earning $100,000 or more annually. Additionally, executive and managerial positions in real estate development and finance are also among the highest-paying careers in the area. These sectors are key drivers of Lakeway’s economic landscape, contributing to its high standard of living.

For more on high-paying careers in the Lakeway area, refer to ZipRecruiter’s Salary Data for Lakeway, Texas.

Sources

• BestPlaces Income Data for Lakeway, Texas
• ZipRecruiter’s Salary Data for Lakeway, Texas

Taxes in Lakeway, Texas

Property Taxes

In Lakeway, Texas, property taxes are relatively high, as is typical for many parts of Central Texas. The total property tax rate for residents of Lakeway is approximately 2.2%. This includes both city taxes and the Lake Travis Independent School District (ISD) tax, which contribute the bulk of the property tax rate. The tax rate in Lakeway is above the Texas state average, which typically hovers around 1.8%. This means that homeowners in Lakeway may pay a higher percentage of their property’s value in taxes compared to other areas in the state. However, the rate is in line with similar suburban communities near Austin, where property values are generally higher. For more details on property taxes in Lakeway, visit Lakeway Property Tax Information.

Sales Taxes

The sales tax rate in Lakeway, Texas, is 8.25%. This includes both the state of Texas sales tax rate of 6.25% and a local sales tax rate of 2%. This combined rate is in line with the statewide sales tax rate, which is the same in most areas of Texas. However, it is higher than the national average of 7.12%, which varies across the U.S. Sales tax applies to most goods and services in the area, with exceptions for items such as food for home consumption and prescription medications. For more information on sales tax rates in Lakeway, refer to Texas Comptroller Sales Tax Information.

Income Taxes

Texas does not impose a state income tax, which is one of the reasons many people choose to move to Texas. This means that residents of Lakeway, like all Texas residents, do not pay state income taxes on their personal earnings. This is a significant financial advantage for individuals and families living in Lakeway, especially when compared to states with higher income tax rates. Nationally, the average state income tax rate can range from 2% to 10%, depending on the state. For more information on Texas income tax policies, refer to Texas Comptroller – Income Tax Information.

Utility Taxes

Lakeway, like many cities in Texas, does not levy any specific utility taxes, but residents are subject to the general sales tax on certain utility services. This includes taxes on telecommunications services, electric, and water services. These taxes are generally included in the utility bill and are passed on to consumers. Utility taxes for most residents are relatively low, but the total tax burden can vary depending on usage. For more details on utility taxes in Texas, visit Texas Comptroller Utility Tax Information.

Hotel Occupancy Tax

Lakeway levies a 7% hotel occupancy tax on guests staying in local hotels or short-term rental properties. This tax is in line with the statewide Texas rate for hotel stays, which can range up to 9% in some areas. The revenue from this tax is often used for local tourism and economic development projects. For more information on Texas hotel occupancy taxes, refer to Texas Comptroller Hotel Occupancy Tax Information.

Tax Payment Schedule

Property taxes in Lakeway are typically due by January 31st of each year. However, taxpayers may choose to pay in installments if necessary, with specific deadlines for partial payments. For sales and use taxes, businesses remit taxes on a monthly, quarterly, or annual basis, depending on their sales volume. The hotel occupancy tax is collected monthly by hotels and rental operators. For more detailed tax payment schedules, refer to Lakeway Property Tax Payment Information.

Penalties for Late Payment

Late payment of property taxes in Lakeway is subject to penalties and interest. The penalty for overdue property taxes begins at 7% in February and increases by 1% per month until it reaches a maximum of 18%. Interest charges also accrue on the unpaid balance. For businesses, late sales tax payments may also incur penalties, depending on the duration of the delay. It is important for residents and businesses in Lakeway to pay taxes on time to avoid these additional charges. For more information on late penalties, refer to Lakeway Property Tax Penalties.

Where to Pay

Lakeway residents can pay property taxes and other local taxes online, by mail, or in person. Payments are typically processed through the City of Lakeway’s official website, where residents can access their tax bills and make secure payments. For property taxes, payments can be made through the Travis County Tax Assessor-Collector’s website. For other local taxes, such as hotel occupancy and sales taxes, businesses are required to remit payments to the Texas Comptroller’s office. For more information on where to pay taxes in Lakeway, visit Lakeway Property Tax Payment Information.

Sources

• Lakeway Property Tax Information
• Texas Comptroller Sales Tax Information
• Texas Comptroller – Income Tax Information
• Texas Comptroller Utility Tax Information
• Texas Comptroller Hotel Occupancy Tax Information

Is Lakeway, Texas a Good Place to Live for Singles?

Events and Activities

Lakeway, Texas offers a variety of events and activities, though it is primarily a suburban community known for its tranquility rather than bustling nightlife. For singles, Lakeway provides a range of outdoor activities, including access to Lake Travis for boating, hiking, and fishing. The area also hosts community events such as farmers’ markets, holiday celebrations, and local festivals. While the town itself doesn’t have a large urban nightlife scene, nearby Austin offers more diverse entertainment and nightlife options just a short drive away. For more information on upcoming local events in Lakeway, check out Lakeway Special Events.

Gyms

For singles who are interested in staying active, Lakeway offers a variety of fitness options, including gyms and recreational centers. There are several gyms and fitness clubs in the area that cater to different fitness levels. Some popular options include the Lakeway YMCA and LA Fitness in nearby Austin. These facilities offer memberships, fitness classes, and personal training, making them great for singles who want to maintain an active lifestyle. For more fitness options, you can explore this search for gyms in Lakeway.

Housing

The rental market in Lakeway is more competitive compared to the broader Austin metro area, with average rent for a one-bedroom apartment in the city around $1,550 per month. Housing in Lakeway tends to be more expensive than other suburban areas due to its proximity to Lake Travis and the upscale amenities the community offers. However, there are rental options available that cater to singles looking for apartments or shared living arrangements. For more on the rental market in Lakeway, visit Zillow – Lakeway Rentals.

Percentage of Single Residents

As of the most recent census data, about 30% of the population in Lakeway, Texas, is unmarried. This percentage is slightly lower than the Texas state average of around 35% and significantly lower than the national average of approximately 40%. This suggests that Lakeway may have a somewhat higher proportion of married or family-oriented residents, which can be important to consider for singles looking to connect with others. For more demographic information on Lakeway’s residents, visit U.S. Census Bureau – Lakeway Data.

Comparison with Texas and National Averages

In comparison to the Texas state average of 35% and the national average of 40% for unmarried residents, Lakeway has a lower percentage of single residents. This suggests that while there are still single individuals in the area, the community is more family-oriented than some other Texas cities or regions. However, Lakeway’s proximity to Austin, a large urban center with a higher proportion of single residents, provides opportunities for socializing and meeting other singles just a short drive away.

Sources

• Lakeway Special Events
• Google Search for Gyms in Lakeway
• Zillow – Lakeway Rentals
• U.S. Census Bureau – Lakeway Data

Is Lakeway, Texas Good for Families?

Lakeway, Texas, is a great place for families looking for a peaceful and family-friendly environment. With low crime rates, mild weather, and a higher-than-average median income, Lakeway offers a safe, pleasant, and affordable place to raise children. Housing costs are higher than some other areas in Texas but reflect the affluent nature of the area and its proximity to Lake Travis and the Austin metro. There are plenty of employment opportunities in nearby Austin, making it a good location for professionals and families alike. Below are some key details on why Lakeway is a good place for families to settle down.

Parks and Family Activities

Lakeway is known for its abundance of outdoor activities, making it a fantastic place for families who enjoy spending time outdoors. The city has several parks, including the Lakeway City Parks which offer playgrounds, walking trails, and picnic areas. Additionally, residents enjoy easy access to Lake Travis, which is ideal for boating, fishing, and water sports. The city also hosts various community events like farmers’ markets and seasonal festivals. For more on local activities, visit Lakeway Special Events.

Restaurants

Lakeway offers a variety of dining options for families, from casual eateries to more formal dining experiences. Below are some restaurant types available in the area:

• Italian Restaurants in Lakeway – Enjoy delicious Italian cuisine at local spots with family-friendly atmospheres.
• Mexican Restaurants in Lakeway – Find vibrant and flavorful Mexican dining options for the whole family.
• BBQ Restaurants in Lakeway – For those who enjoy Texas BBQ, the area has several great BBQ joints that serve hearty meals.
• American Restaurants in Lakeway – Family-friendly American restaurants offering classic comfort foods.

Housing

The housing market in Lakeway is upscale, with a mix of single-family homes, townhouses, and large estates. For families, there are a variety of homes for sale, ranging from smaller homes to luxury properties with scenic lake views. Housing prices are higher than the Texas average, reflecting the community’s appeal and proximity to Lake Travis. Homes typically feature spacious yards, ideal for families looking for a safe and comfortable living space. For more information about available homes for sale, visit Zillow Lakeway Listings.

Percentage of Family Residents

Approximately 60% of Lakeway’s residents are married, which reflects the family-oriented nature of the community. This percentage is higher than the state average of about 55% for married couples and significantly higher than the national average, which is around 50%. Lakeway’s strong family presence makes it an ideal location for those looking to raise children in a stable, community-driven environment. For more on Lakeway’s demographic information, visit U.S. Census Bureau – Lakeway Data.

Comparison with Texas and National Averages

When compared to the state of Texas, where approximately 55% of households are married, and the national average of 50%, Lakeway stands out as a community with a higher-than-average proportion of married residents. This trend reflects the town’s appeal to families seeking a suburban, family-oriented environment close to the amenities and job opportunities of Austin. The strong family presence in Lakeway supports its reputation as an ideal place for raising children in a secure and community-focused environment.

Sources

• Lakeway City Parks
• Lakeway Special Events
• Zillow Lakeway Listings
• U.S. Census Bureau – Lakeway Data
• Italian Restaurants in Lakeway
• Mexican Restaurants in Lakeway
• BBQ Restaurants in Lakeway
• American Restaurants in Lakeway

How are the schools in Lakeway, Texas?

Lakeway, Texas, is served by the Lake Travis Independent School District (LTISD), which is known for its strong academic performance, excellent facilities, and ample community support. The district is well-funded, with a higher-than-average per-student funding compared to other districts in the state of Texas. Lakeway’s schools consistently perform well in state assessments, and the district’s average student test scores are above state averages. The district offers a broad range of extracurricular activities, advanced placement (AP) courses, and college-preparatory programs. Below is a breakdown of the schools in Lakeway, Texas, from early education to higher learning.

Pre-K Schools

For early childhood education, Lakeway offers Pre-K programs within the Lake Travis Independent School District. The district’s Pre-K programs focus on early literacy, social skills, and emotional development. These programs are highly rated for their approach to preparing children for kindergarten and beyond. Specific enrollment information can be found on the Lake Travis ISD Early Childhood Program page.

Kindergarten Schools

Lakeway is served by several elementary schools that provide excellent kindergarten programs. Notable schools include Lakeway Elementary School, which is known for its strong academic programs and nurturing environment. Lake Travis Independent School District offers full-day kindergarten and incorporates a blend of hands-on learning and academic rigor. For more details, you can visit the Lakeway Elementary School website.

Elementary Schools

Lakeway Elementary School, part of the Lake Travis Independent School District, is one of the top-performing elementary schools in the area. It provides a comprehensive curriculum with a focus on math, reading, and science, while also offering arts and physical education programs. Other elementary schools in the district include Serene Hills Elementary, which is highly rated for its academic achievements and community involvement. For more details, visit Lakeway Elementary School and Serene Hills Elementary.

Middle Schools

For middle school education, Lakeway students typically attend Hudson Bend Middle School, which offers a well-rounded education including core subjects, elective options, and a range of extracurricular activities. The school is recognized for its rigorous academic programs and involvement in sports and fine arts. It also boasts high scores on state assessments and provides an environment conducive to preparing students for high school. For more information, visit the Hudson Bend Middle School website.

High Schools

Lakeway’s primary high school is Lake Travis High School, one of the top-rated high schools in the Austin area. The school offers a wide array of Advanced Placement (AP) courses, college prep options, and a variety of sports and extracurricular programs. Lake Travis High School consistently ranks highly in state assessments and offers a wide range of activities to help students excel academically and socially. For more details, visit Lake Travis High School’s website.

Colleges & Universities

While Lakeway does not have its own college or university, it is located just outside of Austin, which is home to the University of Texas at Austin, a nationally recognized public research university. Austin Community College (ACC) also offers a wide variety of degree programs and certificates. Lakeway residents can take advantage of these institutions for higher education opportunities. For more on higher education options in the area, visit The University of Texas at Austin and Austin Community College.

Churches in Lakeway, Texas

• Lakeway Church
• Lakeway Baptist Church
• St. Matthias Episcopal Church
• Trinity Lutheran Church
• New Hope Church Lakeway

Conclusion: Why you should consider moving to Lakeway, Texas

Lakeway, Texas, offers an exceptional quality of life for individuals and families alike. With its low crime rates, excellent schools, and ample recreational opportunities, it’s a place where you can truly enjoy a balanced lifestyle. The town’s proximity to the vibrant city of Austin ensures that you have access to all the culture, dining, and job opportunities of a major metropolitan area, while still enjoying the tranquility and community spirit of a suburban oasis. Whether you’re seeking outdoor adventure on the shores of Lake Travis, a top-tier education for your children, or a peaceful and secure environment to call home, Lakeway provides it all. With a strong sense of community, beautiful homes, and a welcoming atmosphere, Lakeway is a place where you can truly thrive and enjoy everything Texas has to offer.