CitytisticsShortlist

Franklin Farm, VA vs Lakeway, TX

Franklin Farm

Virginia

vs

Lakeway

Texas

Across 36 directional measures we can compare, Franklin Farm leads on 28 and Lakeway on 8. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 14% higher in Lakeway, while median household income is higher in Franklin Farm.

Median gross rent
$2,625$2,981
Franklin Farm is 12% lower
Median household income
$215,544$190,060
Franklin Farm is 13% higher
Median home value
$829,600$841,300
Franklin Farm is 1% lower

The Citytistics read

  • After the median rent, with other prices set to the US average, the median household has about $183,600 a year left in Franklin Farm and $165,000 in Lakeway. Money goes further in Franklin Farm, by about $18,600 a year.
  • A household earning Franklin Farm's median of $215,544 would need about $207,500 in Lakeway to keep the same money after rent and local prices.
  • Between the 2019 and 2024 surveys, pay outran rent by 3.6 points a year in Franklin Farm, and rent outran pay by 2.6 points a year in Lakeway.

How these are calculated

TexasVirginiaLakeway, TXFranklin Farm, VAFranklin FarmLakewayFranklin FarmLakeway

Which fits you?

Both start on the Citytistics Index (CTX). Move the sliders to weigh what matters to you and the score becomes your own mix.

Your weights

Top 2 of 2 matching places. Places in the top 1% show their national rank.

#PlaceCTXAffordabilityEconomyEducationSafetyCommuteAmenitiesGrowth
01Franklin Farm, VAComposite 70.3 / 100
95
709098n/a3848n/a
02Lakeway, TXComposite 65.6 / 100
88
49889777284864

CTX is the Citytistics Index: better than that share of the places we rate. It tops out at 99, so the top 1% show their national rank (#1 is best). Change any weight to rank on your own mix. How the CTX is built

Every measure

The dots show where each place sits among the 6,645 places we track. The bar is the median. A small dot after a value marks the better one.

MeasureFranklin FarmLakewayAmong all places
Cost of living
Median gross rent1$2,625$2,981
Rent to income114.6%18.8%
Property tax rate11.0%n/a
Home price to income13.9x4.4x
Prices vs US average2108.998.1
Fair market rent, 2 bedrooms3$2,438$1,817
Housing
Property tax paid (median)1$8,257$10,001
Median home value1$829,600$841,300
Home prices, 1-year change42.1%-1.7%
Home prices, 5-year change435.3%31.5%
Homeownership193.0%86.3%
Renters paying 30%+145.5%48.3%
Owner costs with a mortgage1$3,523$3,624
Vacant homes13.7%8.5%
Median year built119852004
Jobs and income
Median household income1$215,544$190,060
Income per person1$85,820$106,890
Unemployment13.4%3.5%
Average annual pay5$115,004$100,928
Pay growth, 1 year50.8%4.8%
Jobs5634,638934,650
Poverty rate11.5%2.5%
Mean commute127 min29 min
Works from home139.0%50.2%
Commutes by transit12.6%0.0%
People
Population118,73619,307
Population change since 20206n/a-0.9%
Median age143.349.8
Bachelor's or higher178.7%74.0%
High school or higher197.7%99.0%
Household size13.02.4
Born abroad121.9%9.5%
No health insurance12.0%2.7%
Homes with broadband198.0%99.0%
Moving
Moved here in the past year12.6%6.4%
Moved from another state13.2%4.5%
Net movers per 1,000 people7-9.1-8.8
Income of households moving in7$105,657$99,915
Income of households moving out7$112,552$104,237
Local life
Restaurants and bars per 10k821.425.9
Shops per 10k821.429.3
Arts, recreation and fitness per 10k84.17.5
Doctors' offices and clinics per 10k826.627.6
Child care centers per 10k83.22.1
Parks per 10k914.910.9
Playgrounds per 10k933.610.4
Grocery stores per 10k91.61.6
Restaurants, cafes and bars per 10k98.016.6
Libraries per 10k90.01.0
Named paths and bike trails919.18.1
Transit stops per sq mi90.20.0
Nearest National Park Service site107.415.5
National Park Service sites within 60 miles10402
National Register listings1166221
Safety
Violent crime per 100k12n/a63
Property crime per 100k12n/a815
Schools
Public schools13222310
Public school students13174,475191,191
Students per teacher1313.815.0
Climate
July average high1488°F96°F
January average low1426°F38°F
Average temperature1456°F68°F
Annual precipitation1443.2 in35.5 in
Hazards and air
Natural hazard risk1594.797.7
Hurricane risk1593.077.1
Tornado risk1554.599.7
Wildfire risk1534.090.8
Heat wave risk1597.198.5
Median air quality index164253
Good air days1677.8%43.6%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Franklin Farm $105,000, Lakeway $119,240 a year.

Sources and methods

The small numbers beside each measure point here. Links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. Population Estimates · US Census Bureau · Vintage 2025
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  13. Common Core of Data · National Center for Education Statistics · 2024 release
  14. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  15. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  16. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

Survey figures are estimates with margins of error. Formulas and definitions: methodology.

Keep comparing

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