Woodway is a somewhat small city located in the state of Texas. With a population of 9,585 people and two associated neighborhoods, Woodway is the 262nd largest community in Texas.
Woodway real estate is some of the most expensive in Texas, although Woodway house values don't compare to the most expensive real estate in the U.S.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.78% 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.
Woodway is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Woodway’s overall crime rate is lower than average for the country.
Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 19.02 minutes getting to work every day.
Being a small city, Woodway does not have a public transit system used by locals to get to and from work.
If knowledge is power, Woodway is a pretty powerful place. 63.28% of the adults in Woodway have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Woodway in 2022 was $55,902, which is wealthy relative to Texas and the nation. This equates to an annual income of $223,608 for a family of four.
Woodway is a somewhat ethnically-diverse city. The people who call Woodway home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Woodway residents report their race to be White, followed by Black or African-American. Important ancestries of people in Woodway include English, German, Irish, Italian, and European.
The most common language spoken in Woodway is English. Other important languages spoken here include Spanish and Polish.