Lakeway is located close to the center of Texas. Lakeway is between the Travis, Hays county. Lakeway has 10.17 square miles of land area and 0.38 square miles of water area. As of 2010-2014, the total Lakeway population is 12,709, which has grown 58.82% since 2000. The population growth rate is much higher than the state average rate of 25.13% and is much higher than the national average rate of 11.61%. Lakeway median household income is $109,628 in 2010-2014 and has grown by 26.21% since 2000. The income growth rate is lower than the state average rate of 31.68% and is about the same as the national average rate of 27.36%. Lakeway median house value is $368,900 in 2010-2014 and has grown by 60.25% since 2000. The house value growth rate is about the same as the state average rate of 59.27% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Lakeway is much better than the state average in quality.