CitytisticsShortlist

Lakeway, TX vs Watchung, NJ

Lakeway

Texas

vs

Watchung

New Jersey

Across 35 directional measures we can compare, Lakeway leads on 22 and Watchung on 13. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 9% higher in Lakeway, and so is median household income.

Median gross rent
$2,981$2,738
Lakeway is 9% higher
Median household income
$190,060$173,672
Lakeway is 9% higher
Median home value
$841,300$882,500
Lakeway is 5% lower

The Citytistics read

  • After the median rent, with other prices set to the US average, the median household has about $165,000 a year left in Lakeway and $133,900 in Watchung. Money goes further in Lakeway, by about $31,100 a year.
  • A household earning Lakeway's median of $190,060 would need about $206,500 in Watchung to keep the same money after rent and local prices.
  • Between the 2019 and 2024 surveys, rent outran pay by 2.6 points a year in Lakeway, and rent outran pay by 4.3 points a year in Watchung.

How these are calculated

New JerseyTexasWatchung, NJLakeway, TXLakewayWatchungLakewayWatchung

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
01Lakeway, TXComposite 65.6 / 100
88
49889777284864
02Watchung, NJComposite 46.3 / 100
40
43629145103424

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.

MeasureLakewayWatchungAmong all places
Cost of living
Median gross rent1$2,981$2,738
Rent to income118.8%18.9%
Home price to income14.4x5.1x
Prices vs US average298.1112.6
Fair market rent, 2 bedrooms3$1,817$2,623
HUD area median income4n/a$154,800
Housing
Property tax paid (median)1$10,001$10,001
Median home value1$841,300$882,500
Home prices, 1-year change5-1.7%6.3%
Home prices, 5-year change531.5%56.4%
Homeownership186.3%84.1%
Renters paying 30%+148.3%62.2%
Owner costs with a mortgage1$3,624$4,001
Vacant homes18.5%2.1%
Median year built120041974
Jobs and income
Median household income1$190,060$173,672
Income per person1$106,890$89,210
Unemployment13.5%6.1%
Average annual pay6$100,928$112,982
Pay growth, 1 year64.8%6.2%
Jobs6934,650192,374
Poverty rate12.5%5.4%
Mean commute129 min34 min
Works from home150.2%27.1%
Commutes by transit10.0%7.8%
People
Population119,3076,485
Population change since 20207-0.9%2.1%
Median age149.848.1
Bachelor's or higher174.0%64.0%
High school or higher199.0%95.6%
Household size12.42.7
Born abroad19.5%22.4%
No health insurance12.7%5.4%
Homes with broadband199.0%91.5%
Moving
Moved here in the past year16.4%5.8%
Moved from another state14.5%1.5%
Net movers per 1,000 people8-8.8-0.9
Income of households moving in8$99,915$114,065
Income of households moving out8$104,237$127,772
Local life
Restaurants and bars per 10k925.922.3
Shops per 10k929.328.8
Arts, recreation and fitness per 10k97.54.7
Doctors' offices and clinics per 10k927.627.6
Child care centers per 10k92.12.4
Parks per 10k1010.93.1
Playgrounds per 10k1010.46.2
Grocery stores per 10k101.64.6
Restaurants, cafes and bars per 10k1016.67.7
Libraries per 10k101.01.5
Named paths and bike trails108.10.0
Transit stops per sq mi100.00.0
Nearest National Park Service site1115.510.7
National Park Service sites within 60 miles11219
National Register listings1222187
Founded or incorporated13n/a1926
Safety
Violent crime per 100k146360
Property crime per 100k148153,678
Schools
Public schools153102
Public school students15191,191667
Students per teacher1515.09.4
Climate
July average high1696°F86°F
January average low1638°F22°F
Average temperature1668°F53°F
Annual precipitation1635.5 in49.0 in
Hazards and air
Natural hazard risk1797.790.9
Hurricane risk1777.183.5
Tornado risk1799.772.3
Wildfire risk1790.835.4
Heat wave risk1798.588.0
Median air quality index185353
Good air days1843.6%42.2%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Lakeway $119,240, Watchung $109,520 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. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. 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.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  12. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  13. Wikidata · Wikimedia Foundation (CC0) · Retrieved 2026-11
  14. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  15. Common Core of Data · National Center for Education Statistics · 2024 release
  16. 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
  17. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  18. 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); home price to income (B25077, B19013).

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

Keep comparing

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