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Woodway, Texas Demographics & Population 2026

During the 2020–2024 ACS period, Woodway, Texas had a total population of 9,570, the 278th largest city in Texas, with a median household income of $115,108, which is 47% higher than the state average. The poverty rate is 3.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Woodway Quick Facts

Population 9,570
Median Household Income $115,108
Median Home Value $370,500
Poverty Rate 3.8%
Unemployment Rate 2.5%
Median Age 43.6 years
Homeownership Rate 90.8%
Affordability Ratio 3.2x
Bachelor's Degree or Higher 65.1%
High School Graduation Rate 99.3%
Diversity Index 33/100
Population 9,570 278th of 1,795
Median Income $115,108 top 20%
Poverty Rate 3.8% 69% lower than national
Median Home Value $370,500 top 20%

How Woodway Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population9,4839,570+0.9%
Median household income$115,729$115,108-0.5%
Median home value$336,100$370,500+10.2%

How Woodway Compares

Economy & Housing

Household Income Distribution

Under $25K 5.7%
$25K-$50K 10.8%
$50K-$100K 26.4%
$100K+ 57.1%
Detailed income brackets
Under $10K
0.7%
$10K-$15K
0.4%
$15K-$20K
1.9%
$20K-$25K
2.6%
$25K-$30K
2.5%
$30K-$35K
0.7%
$35K-$40K
3.7%
$40K-$45K
1.0%
$45K-$50K
3.0%
$50K-$60K
4.6%
$60K-$75K
7.3%
$75K-$100K
14.5%
$100K-$125K
12.3%
$125K-$150K
7.4%
$150K-$200K
15.7%
$200K+
21.8%

Employment

2.5% Unemployment Rate State: 5.3%|National: 5.2%
62.4% Labor Force Participation

Housing Overview

Owner 90.8%
Renter 9.2%
Affordability Index Affordable
3.2x home value to income ratio
Median gross rent $1,653/mo 17.2% of median household income annually

People & Demographics

Diversity Index

33out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 67 | National average: 61

Education

Woodway Rankings in Texas

#278 Population of 1,795
#179 Median Income of 1,546
#67 Education of 1,795
#202 Home Value of 1,542

Other Cities in McLennan County

CityPopulationMedian IncomePovertyHome Value
Waco 143,570 $54,365 23.1% $221,700
Hewitt 16,432 $83,511 4.8% $273,300
Robinson 12,800 $99,289 3.7% $302,200
Bellmead 10,566 $52,075 24.9% $155,100
Lacy-Lakeview 7,274 $56,924 13.1% $160,600
McGregor 5,761 $72,750 12.8% $221,700
West 2,576 $61,875 11.9% $182,900
Willow Grove 2,080 $89,036 7.3% $269,600
Mart 1,704 $62,917 14.7% $116,100
Beverly Hills 1,590 $47,313 13.5% $156,700

Cities Similar to Woodway

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lago Vista9,650$113,457$420,00043.8%8.6%
Kennedale9,439$118,794$380,10027.1%11.3%
Helotes9,630$132,675$399,00052.8%3.1%
Bee Cave8,862$111,172$776,40061.9%2.2%
Paloma Creek South8,860$121,747$364,90046.6%2.0%

Population Overview

Woodway is a small city located in Texas, within McLennan County. The total population is 9,570. It ranks as the 278th most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Woodway is 43.6 years. This is 22% higher than the state median of 35.6 years. 11.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Woodway is $115,108. This is 47% higher than the state median of $78,476. It is also 43% higher than the national median of $80,734. The poverty rate stands at 3.8%. This is 72% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.5%. This is 52% lower than the state rate of 5.3%. The median home value is $370,500. Housing costs are 31% higher than the state median of $283,800. The home-value-to-income ratio is 3.2x. 90.8% of occupied housing units are owner-occupied. This homeownership rate is 45% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Woodway is White (non-Hispanic), making up 81.3% of the population. Hispanic or Latino residents account for 10.1%. The White (non-Hispanic) population is significantly higher than the state average (81.3% vs 39.1%). The Black or African American population (2.9%) is well below the state average of 11.9%. The Hispanic or Latino population (10.1%) is well below the state average of 39.7%. The Asian population (2.1%) is well below the state average of 5.5%.

Education

65.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Woodway in the top 10% of all cities in the state for educational attainment. This is 92% higher than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.3%. Notably, 34.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Woodway, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Woodway, Texas?

Woodway, Texas has a population of 9,570 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Woodway, TX?

The median household income in Woodway is $115,108, which is 43% higher than the national median of $80,734.

What is the poverty rate in Woodway, TX?

The poverty rate in Woodway is 3.8%. This means approximately 362 residents live below the federal poverty line.

What is the racial makeup of Woodway, Texas?

Woodway's population is 81.3% White, 2.9% Black, 10.1% Hispanic/Latino, and 2.1% Asian.

What is the median home value in Woodway, TX?

The median home value in Woodway is $370,500. The home-value-to-income ratio is 3.2x.

How educated is Woodway, Texas?

65.1% of adults (25+) in Woodway hold a bachelor's degree or higher, and 34.3% hold a graduate or professional degree.