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Waco, NC
Full City Profile · North Carolina · Cleveland County County
2.8
/5.0
C+
Fair
216
Population
257/sq mi density
$31,250
Median Income
$22,785 per capita
$93,100
Home Value
$244,705 Zillow
$1,077
Median Rent
51.0% income on rent
60°F
Avg Temperature
310 sunny days/yr
357
Violent Crime/100K
3,227 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$31,250 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$93,100 home value, $1,077/mo rent
F
Safety
1.0 / 5.0
357 violent crimes/100K
D
Education
1.9 / 5.0
10.9% bachelor's degree or higher
Income Overview
Median Household Income
$31,250
58% below
US avg: $75,149
Per Capita Income
$22,785
42% below
US avg: $39,052
Unemployment Rate
1.0%
72% below
US avg: 3.6%
Poverty Rate
9.0%
27% below
US avg: 12.4%
Income Comparison: Waco vs. U.S. Average
Each bar shows Waco’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$31,250
42%
Per Capita
US: $39,052
$22,785
58%
IRS Avg AGI
US: $72,000
$58,314
81%
Avg Weekly Wage
US: $1,432
$1,034
72%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,034
28% below US avg ($1,432)
Mean Commute Time
29 min
5% above US avg (28 min)
Work From Home
24.6%
62% above US avg (15.2%)
Drive Alone
72.5%
1% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$6,025M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.5%
Public Transit
0%
Work From Home
24.6%
Other
2.9%
Average commute time
29 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,287
Restaurants
181
Healthcare
226
Retail
388
Manufacturing
106
Tax & Financial
IRS Avg Adjusted Gross Income
$58,314
19% below US avg ($72,000)
Avg Property Tax
$3,265
7% below US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $31,250 |
| Per Capita Income | $22,785 |
| IRS Avg Adjusted Gross Income | $58,314 |
| Avg Weekly Wage | $1,034 |
| County GDP | $6,025M |
Hardship Indicators
| Unemployment Rate | 1.0% |
| Poverty Rate | 9.0% |
| Gini Coefficient | 0.464 |
| Cost of Living Index | 94.3 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 72.5% |
| Public Transit | 0.0% |
| Work From Home | 24.6% |
Businesses
| Total Establishments | 2,287 |
| Restaurants | 181 |
| Healthcare | 226 |
| Retail | 388 |
| Manufacturing | 106 |
Tax
| IRS Avg AGI | $58,314 |
| Avg Property Tax | $3,265 |