Lago Vista Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Lago Vista, Texas? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Lago Vista, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Lago Vista is $108,823.00.

The chart below shows the average household income by age in Lago Vista.

• Under 25
  $0.00
• 25 to 44
  $84,542.00
• 45 to 64
  $124,453.00
• 65 and over
  $91,607.00

Average Household Income

A very commonly asked question is "what is the average household income in Lago Vista, Texas?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Lago Vista is $130,652.00.

17.15% of households in Lago Vista, Texas are classed as high income households (making $200,000+ per year).

Household Income Tiers for Lago Vista

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Lago Vista, Texas easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  6.76%
• $25,000 to $49,999
  10.54%
• $50,000 to $74,999
  12.34%
• $75,000 to $99,999
  17.67%
• $100,000 to $149,999
  22.50%
• $150,000 to $199,999
  13.04%
• $200,000 or more
  17.15%

Per Capita Income

The per capita income is the average income of all people in Lago Vista, Texas. This is calculated by dividing the total income of all people in Lago Vista by the total number of people in Lago Vista.

It differs from the average or mean household income because it includes all people in Lago Vista and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Lago Vista, Texas is $57,811.00.

Population in Lago Vista by Race and Ethnicity

The total population in Lago Vista is currently 9,001 people.

The race and ethnicity of the population in Lago Vista can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Lago Vista, Texas.

• 2.90% White
  258
• 78.40% Black/African American
  7,057
• 70.90% Native
  6,381
• 10.00% Hispanic
  904
• 2.20% Asian
  200
• 0.00% Hawaiian/Pacific Islander
  0
• 0.20% Two or more races
  21
• 0.20% Other
  20

Population of Lago Vista by Age and Gender

Another very important demographics statistic for Lago Vista, Texas is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Lago Vista, Texas.

• Master's degree or higher
  19.33%
• Bachelor's degree
  39.72%
• Some college or associate's degree
  9.14%
• High school diploma or equivalent
  30.46%
• Less than high school diploma
  1.35%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Lago Vista because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Lago Vista look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Lago Vista, Texas that are over the age of 16.

The current population in Lago Vista that are over the age of 16 is 7,871 people.

The unemployment rate in Lago Vista is 5.00%, which means 210 people are unemployed.

Median Age in Lago Vista

The median age is an interesting metric because it gives us an idea of the age distribution of people in Lago Vista, Texas. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Lago Vista is 52.9 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Lago Vista

52.9

Total

52

Male

55.1

Female

Households and Families

There are a total of 3,889 households in Lago Vista, and the average household size is 2.31 people.

For families, the total number is 2,772, and the average family size is 2.71 people.

1.00% of those families in Lago Vista, Texas are living below the poverty line.

The table below shows the poverty thresholds for Lago Vista in .

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in Lago Vista, Texas for each type, as well as the average sizes.

Housing Data in Lago Vista

There are total of 4,386 housing units in Lago Vista, Texas. Of those units, 3,889 (88.67%) are occupied, and 497 (11.33%) are vacant.

Rental Rates

Of the 4,386 housing units in Lago Vista, 447 (10.19%) are occupied by renters. The median rent paid by renters is $1,063.00.

Owner occupied housing units make up the remaining 77.06% of housing units, with 3,380 housing units in total.

The table below breaks down how much rent is paid by renters in Lago Vista, Texas.

• No rent paid
  62
• Less than $500
  126
• $500 to $999
  81
• $1,000 to $1,499
  110
• $1,500 to $1,999
  79
• $2,000 to $2,499
  51
• $2,500 to $2,999
  0
• $3,000 or more
  0

Property Values

The median value of a property in Lago Vista is $363,200.00.

The table below breaks down the range of valuations for all properties in Lago Vista.

• Less than $50,000
  45
• $50,000 to $99,999
  67
• $100,000 to $149,999
  89
• $150,000 to $199,999
  176
• $200,000 to $299,999
  792
• $300,000 to $499,999
  1,508
• $500,000 to $999,999
  634
• $1,000,000 or more
  69

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Lago Vista, Texas.

• 1939 or earlier
  0
• 1940 to 1949
  17
• 1950 to 1959
  67
• 1960 to 1969
  21
• 1970 to 1979
  511
• 1980 to 1989
  871
• 1990 to 1999
  696
• 2000 to 2009
  1,224
• 2010 to 2013
  836
• 2014 or later
  143

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Lago Vista has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  126
• 1 vehicle available
  763
• 2 vehicles available
  1,969
• 3 or more vehicles available
  1,031

Commuting to Work in Lago Vista

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Lago Vista, Texas, how they commute, and how that correlates to other data points.

The average travel time is 37.3 minutes, and the chart below covers the range of travel times across the population of Lago Vista.

• Less than 5 minutes
  112
• 5 to 9 minutes
  116
• 10 to 14 minutes
  254
• 15 to 19 minutes
  267
• 20 to 24 minutes
  301
• 25 to 29 minutes
  140
• 30 to 34 minutes
  248
• 35 to 39 minutes
  259
• 40 to 44 minutes
  245
• 45 to 59 minutes
  830
• 60 to 89 minutes
  477
• 90 or more minutes
  81

We can also look at the means of transport in Lago Vista to see which modes of transport people are using to commute to work.

• Drove alone
  3,027
• Carpooled
  231
• Public transportation
  0
• Walked
  72
• Other means
  0
• Worked from home
  618

Conclusion

Hopefully this article has given you the demographics data you were looking for in Lago Vista, Texas.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Lago Vista.

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