What percentage of people rent in Lakeway, TX?
13.7% (±3.7 points) of the occupied homes in Lakeway, TX are rented (2020–2024 American Community Survey).
That is 1,073 renting households against 6,758 that own their home.
In Lakeway, the share of households that rent went from 16.1% in 2015–2019 to 13.7% in 2020–2024 (−2.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 13.7% (±3.7 points)
- Renting households
- 1,073 (±299)
- Median renter income
- $85,990 (±$43,279)
Who rents and who owns in Lakeway
| Lakeway | Travis County | Texas | United States | |
|---|---|---|---|---|
| Renter-occupied share | 13.7% (±3.7 points) | 47.9% (±0.6 points) | 37.4% (±0.2 points) | 34.8% |
| Renting households | 1,073 (±299) | 279,582 (±3,455) | 4,113,561 (±20,050) | 45,017,354 |
| Owning households | 6,758 (±357) | 304,165 (±3,566) | 6,879,255 (±32,101) | 84,210,142 |
| Average renter household size | 2.1 (±0.3) | 1.9 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.1) | 2.5 (±0.0) | 2.9 (±0.0) | 2.6 |
| Median renter household income | $85,990 (±$43,279) | $70,009 (±$1,333) | $53,222 (±$285) | $52,966 |
| Median owner household income | $196,123 (±$17,312) | $140,971 (±$2,861) | $100,555 (±$369) | $100,009 |
In Lakeway, the renter share is lower than in Travis County (47.9%).
It is also lower than in Texas (37.4%).
It is lower than the national figure (34.8%).
In Travis County, Lakeway ranks 14 of 26 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1124 of 1,421.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lakeway has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 16.1% (±2.7 points) | 13.7% (±3.7 points) | −2.4 percentage points | Not a measurable change |
| Median gross rent | $1,851 (±$184) | $2,981 (±$690) | +61.0% | No measurable change after inflation |
| Median household income | $132,899 (±$9,181) | $190,060 (±$14,514) | +43.0% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Lakeway
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lakeway | — | 13.7% (±3.7 points) | — |
| The Hills | 0.6 mi | 3.6% (±2.5 points) | Lower |
| Point Venture | 2.1 mi | 11.7% (±5.9 points) | Not measurably different |
| Bee Cave | 3.6 mi | 51.2% (±8.7 points) | Higher |
| Briarcliff | 5.1 mi | 11.1% (±5.6 points) | Not measurably different |
| Hudson Bend | 5.4 mi | 29.4% (±9.4 points) | Higher |
| Steiner Ranch | 5.4 mi | 29.4% (±7.0 points) | Higher |
| Lago Vista | 6.8 mi | 10.4% (±5.3 points) | Not measurably different |
| Volente | 7.8 mi | 11.8% (±7.2 points) | Not measurably different |
Nearby places with a measurably lower figure: The Hills, TX (3.6%).
Nearby places with a measurably higher figure: Bee Cave, TX (51.2%), Hudson Bend, TX (29.4%), Steiner Ranch, TX (29.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Travis County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 8 | Hornsby Bend | 26.6% (±8.1 points) |
| 9 | Manor | 25.0% (±5.9 points) |
| 10 | Manchaca | 23.3% (±12.8 points) |
| 11 | Barton Creek | 21.1% (±5.8 points) |
| 12 | Garfield | 16.7% (±16.0 points) |
| 13 | West Lake Hills | 13.8% (±6.3 points) |
| 14 | Lakeway | 13.7% (±3.7 points) |
| 15 | Creedmoor | 13.2% (±11.6 points) |
| 16 | Volente | 11.8% (±7.2 points) |
| 17 | Point Venture | 11.7% (±5.9 points) |
| 18 | Briarcliff | 11.1% (±5.6 points) |
| 19 | Lago Vista | 10.4% (±5.3 points) |
| 20 | Mustang Ridge | 10.1% (±7.6 points) |
Showing 13 of 26 places in Travis County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lakeway
How many renters are there in Lakeway?
Lakeway has an estimated 1,073 (±299) renting households, 13.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Lakeway?
In Lakeway, the share of households that rent went from 16.1% in 2015–2019 to 13.7% in 2020–2024 (−2.4 percentage points), not a measurable change.
How big are renting households in Lakeway?
A renting household in Lakeway has 2.1 people on average, against 2.5 in an owned home.
How much do renters earn in Lakeway?
The median renting household in Lakeway, TX has an income of $85,990 (±$43,279) a year, against $196,123 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakeway city, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lakeway city, Texas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lakeway city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lakeway city, Texas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lakeway city, Texas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lakeway city, Texas (place:40984, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lakeway at a glance
- Median rent in Lakeway
- Rent by bedrooms in Lakeway
- Rent burden in Lakeway
- Income and affordability in Lakeway
- Home values in Lakeway
- Homeowner costs in Lakeway
- Property taxes in Lakeway
- Types of homes in Lakeway
- Bedrooms in Lakeway
- Age of homes in Lakeway
- Vacancy rate in Lakeway
- Heating fuel in Lakeway
- Commute and cars in Lakeway
- Crime reported to police in Lakeway
- Population growth in Lakeway
- How long people stay in Lakeway
- Crowding and facilities in Lakeway
- Texas landlord and tenant rules
- Housing across Travis County
- Texas places ranked by share of renters
- Housing data for every place in Texas