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2024 Compare Cities Economy:
Lakeway, TX vs Palo Alto, CA

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Highlights
- Household income in Palo Alto, is 37% more than it is in Lakeway and is 65% above the National Average.
- Lakeway unemployment rate is 5.3%.
- Palo Alto unemployment rate is 3.5%.

Economy
 Lakeway, TXPalo Alto, CAUnited States
 Unemployment Rate5.3%3.5%6.0%
 Recent Job Growth3.5%2.5%1.6%
 Future Job Growth47.2%40.5%33.5%
 Sales Taxes8.3%9.0%6.2%
 Income Taxes0.0%8.0%4.6%
 Income per Cap.$74,997$105,070$37,638
 Household Income$142,566$194,782$69,021
 Family Median Income$167,578$241,579$85,028
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 Est. Households By Income
 Lakeway, TXPalo Alto, CAUnited States
 Income Less Than 15K3.8%5.2%9.4%
 Income between 15K and 20K0.4%1.3%3.8%
 Income between 20K and 30K2.1%3.1%8.1%
 Income between 30K and 40K1.9%2.6%8.0%
 Income between 40K and 50K5.1%2.9%7.6%
 Income between 50K and 60K3.4%2.6%7.2%
 Income between 60K and 75K6.4%4.6%9.6%
 Income between 75K and 100K11.8%5.4%12.8%
 Income between 100K and 150K17.1%12.8%16.3%
 Income between 150K and 200K16.4%9.9%7.8%
 Income greater than 200K31.6%49.5%9.5%
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 Population By Occupation
 Lakeway, TXPalo Alto, CAUnited States
 Management, business, finance40.3%26.5%16.4%
 Engineering, computers, science9.1%29.0%6.5%
 Community, social services1.4%1.0%1.8%
 Legal2.5%3.7%1.2%
 Education, library4.4%10.2%6.2%
 Arts, design, media, sports, entertainment2.9%3.5%2.0%
 Healthcare practitioners and technology6.6%5.9%6.2%
 Healthcare support0.5%1.1%3.3%
 Firefighters, law enforcement0.3%0.6%2.1%
 Food preparation, serving2.2%1.6%5.4%
 Building maintenance0.7%0.4%3.6%
 Personal care2.3%2.3%2.6%
 Sales, office, administrative support22.3%10.0%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair2.4%1.6%8.1%
 Production, transportation, material moving2.1%2.5%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 Palo Alto    8 Reviews

The Bay Area in general, but Palo Alto specifically provides many of the qualities sought by many; the climate is beautiful, there is access to cultural and recreational  More

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Over 16 years ago

Very  More

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Over 17 years ago

VTA and SamsTrans and Caltrain all provide good service and most times frequency of service is  More

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ZIPS IN LAKEWAY, TEXAS
78734
ZIPS IN PALO ALTO, CALIFORNIA
94306 94301 94304

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