Lakeway, TX is a vibrant city located near Austin. It offers a variety of amenities to its residents, making it an attractive destination for people looking to settle down in the area. The cost of two bedroom rent in Lakeway is $2,110, which is significantly higher than the US average of $1,430. Additionally, the grocery cost index in Lakeway is 99 whereas it's 100 in the US.
The city has many notable local businesses and attractions that make it a desirable place to live. Some of these include Hyatt Regency Lost Pines Resort & Spa, Lakeway Regional Medical Center, and The Oasis on Lake Travis. Other popular attractions include Texas Hill Country Wineries and Boss Hogg's Café & Saloon. Through its numerous offerings and activities, Lakeway continues to be an appealing location to call home.
Lakeway has an unemployment rate of 5.3%. The US average is 6.0%.
Lakeway has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 47.2%, which is higher than the US average of 33.5%.
Tax Rates for Lakeway
- The Sales Tax Rate for Lakeway is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lakeway is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lakeway
- The average income of a Lakeway resident is $74,997 a year. The US average is $37,638 a year.
- The Median household income of a Lakeway resident is $142,566 a year. The US average is $69,021 a year.