All Countries
Waco, TX
Full City Profile · Texas · McLennan County County
3.0
/5.0
B
Good
141,925
Population
1,559/sq mi density
$51,468
Median Income
$28,819 per capita
$199,600
Home Value
$191,908 Zillow
$1,098
Median Rent
34.0% income on rent
71°F
Avg Temperature
293 sunny days/yr
571
Violent Crime/100K
3,288 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$51,468 median income, 2.7% unemployment
A
Affordability
4.5 / 5.0
$199,600 home value, $1,098/mo rent
F
Safety
1.0 / 5.0
571 violent crimes/100K (50% above avg)
B
Education
3.3 / 5.0
28.6% bachelor's degree or higher
Income Overview
Median Household Income
$51,468
32% below
US avg: $75,149
Per Capita Income
$28,819
26% below
US avg: $39,052
Unemployment Rate
2.7%
25% below
US avg: 3.6%
Poverty Rate
15.2%
23% above
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
$51,468
68%
Per Capita
US: $39,052
$28,819
74%
IRS Avg AGI
US: $72,000
$72,514
101%
Avg Weekly Wage
US: $1,432
$1,161
81%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,161
19% below US avg ($1,432)
Mean Commute Time
18 min
34% below US avg (28 min)
Work From Home
8.5%
44% below US avg (15.2%)
Drive Alone
77.3%
6% above US avg (73.2%)
Public Transit
0.7%
87% below US avg (5.0%)
County GDP
$18,479M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
77.3%
Public Transit
0.7%
Work From Home
8.5%
Other
13.5%
Average commute time
18 minutes
US avg: 28 min
Business Landscape
Total Establishments
6,039
Restaurants
607
Healthcare
682
Retail
879
Manufacturing
250
Tax & Financial
IRS Avg Adjusted Gross Income
$72,514
1% above US avg ($72,000)
Avg Property Tax
$8,892
154% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $51,468 |
| Per Capita Income | $28,819 |
| IRS Avg Adjusted Gross Income | $72,514 |
| Avg Weekly Wage | $1,161 |
| County GDP | $18,479M |
Hardship Indicators
| Unemployment Rate | 2.7% |
| Poverty Rate | 15.2% |
| Gini Coefficient | 0.476 |
| Cost of Living Index | 97.1 |
Commute
| Mean Commute | 18 minutes |
| Drive Alone | 77.3% |
| Public Transit | 0.7% |
| Work From Home | 8.5% |
Businesses
| Total Establishments | 6,039 |
| Restaurants | 607 |
| Healthcare | 682 |
| Retail | 879 |
| Manufacturing | 250 |
Tax
| IRS Avg AGI | $72,514 |
| Avg Property Tax | $8,892 |