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2024 Compare Cities Economy:
Lakeway, TX vs Merritt Island, FL

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Highlights
- Household income in Merritt Island, is 45% less than it is in Lakeway and is 12% above the National Average.
- Lakeway unemployment rate is 5.3%.
- Merritt Island unemployment rate is 4.5%.

Economy
 Lakeway, TXMerritt Island, FLUnited States
 Unemployment Rate5.3%4.5%6.0%
 Recent Job Growth3.5%1.9%1.6%
 Future Job Growth47.2%42.2%33.5%
 Sales Taxes8.3%7.0%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$74,997$45,083$37,638
 Household Income$142,566$78,022$69,021
 Family Median Income$167,578$102,570$85,028
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 Est. Households By Income
 Lakeway, TXMerritt Island, FLUnited States
 Income Less Than 15K3.8%5.3%9.4%
 Income between 15K and 20K0.4%4.4%3.8%
 Income between 20K and 30K2.1%6.5%8.1%
 Income between 30K and 40K1.9%5.9%8.0%
 Income between 40K and 50K5.1%8.1%7.6%
 Income between 50K and 60K3.4%7.2%7.2%
 Income between 60K and 75K6.4%10.7%9.6%
 Income between 75K and 100K11.8%13.2%12.8%
 Income between 100K and 150K17.1%17.9%16.3%
 Income between 150K and 200K16.4%8.6%7.8%
 Income greater than 200K31.6%12.2%9.5%
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 Population By Occupation
 Lakeway, TXMerritt Island, FLUnited States
 Management, business, finance40.3%17.3%16.4%
 Engineering, computers, science9.1%10.6%6.5%
 Community, social services1.4%2.2%1.8%
 Legal2.5%1.3%1.2%
 Education, library4.4%6.1%6.2%
 Arts, design, media, sports, entertainment2.9%2.8%2.0%
 Healthcare practitioners and technology6.6%7.7%6.2%
 Healthcare support0.5%2.3%3.3%
 Firefighters, law enforcement0.3%2.6%2.1%
 Food preparation, serving2.2%6.7%5.4%
 Building maintenance0.7%1.7%3.6%
 Personal care2.3%2.6%2.6%
 Sales, office, administrative support22.3%19.5%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair2.4%7.3%8.1%
 Production, transportation, material moving2.1%9.1%13.1%

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Reviews for Lakeway    2 Reviews

Over 13 years ago

We moved to Lakeway TX about 6 years ago from Atlanta GA as part of a corporate relcation. Lakeway is maybe 15 miles west of Austin TX, and has a small town / resort  More

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Over 16 years ago

The quality of homes within the Lakeway area is quiet good both in terms of materials, execution and also design/asthestics. Most have a Tuscan or Mexican style with  More

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Reviews for Merritt Island    5 Reviews

Over 10 years ago

It can get hot in the summer, but you get a breeze off the ocean most afternoons. If you live on the waterways, it seems to be a little cooler. Winters are  More

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Over 13 years ago

New to the area, but soon to know more. Florida is a sunshine state  More

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Over 16 years ago

Coming from Virginia, the Merritt Island architecture leaves a lot to be desired. Hurricane season (June - November) causes me a lot of  More

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ZIPS IN LAKEWAY, TEXAS
78734
ZIPS IN MERRITT ISLAND, FLORIDA
32953 32952

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