Lago Vista is a somewhat small city located in the state of Texas. With a population of 9,692 people and four associated neighborhoods, Lago Vista is the 267th largest community in Texas. Much of the housing stock in Lago Vista was built relatively recently. The construction of new real estate can often be taken as an indication that the local Lago Vista economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Lago Vista, where the median household income is $108,823.00.
Lago Vista home prices are not only among the most expensive in Texas, but Lago Vista real estate also consistently ranks among the most expensive in America.
Also of interest is that Lago Vista has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.65% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Residents will find that the city is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Lago Vista is worth considering.
One downside of living in Lago Vista is that it can take a long time to commute to work. In Lago Vista, the average commute to work is 36.65 minutes, which is quite a bit higher than the national average.
As is often the case in a small city, Lago Vista doesn't have a public transportation system that people use for their commute.
The education level of Lago Vista citizens is very high relative to the national average among all cities (21.84%): 35.83% of adults in Lago Vista have a bachelor's degree or even advanced degree.
The per capita income in Lago Vista in 2022 was $57,811, which is wealthy relative to Texas and the nation. This equates to an annual income of $231,244 for a family of four. However, Lago Vista contains both very wealthy and poor people as well.
Lago Vista is a very ethnically-diverse city. The people who call Lago Vista home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lago Vista residents report their race to be White, followed by Black or African-American. Lago Vista also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 21.60% of the city’s residents. Important ancestries of people in Lago Vista include German, Irish, English, European, and French.
The most common language spoken in Lago Vista is English. Other important languages spoken here include Spanish and German/Yiddish.