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
Housing Overview
Median Home Value
$199,600
29% below
US avg: $281,900
Median Rent
$1,098/mo
6% below
US avg: $1,163/mo
Homeownership Rate
48.9%
25% below US avg (65.4%)
Total Housing Units
59,427
Median year built: 1976
Home Value by Source
Census Median
$199,600
Zillow (ZHVI)
$191,908
Median Sale Price
$279,242
Median List Price
$299,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
48.9%
Owner-Occupied
51.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$1,098/mo
· Zillow rent:
$1,368/mo
Market Indicators (Redfin)
Median Days on Market
72 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
102
Price Drops
24.9%
of listings with price reduction
Price Per Sq Ft
$167
Active Inventory
627
homes for sale
Affordability & Housing Stock
Rent Burden
34.0%
of renters spending 30%+ of income on housing
10% above US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
48.9%
Complete Housing Data
Home Values
| Census Median Value | $199,600 |
| Zillow Home Value (ZHVI) | $191,908 |
| Median Sale Price | $279,242 |
| Median List Price | $299,000 |
| Price Per Sq Ft | $167 |
Rent
| Census Median Rent | $1,098 |
| Zillow Rent (ZORI) | $1,368 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
| Days on Market | 72 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 24.9% |
| Homes Sold | 102 |
| Active Inventory | 627 |
| Price Per Sq Ft | $167 |
Ownership & Stock
| Owner-Occupied | 48.9% |
| Renter-Occupied | 51.1% |
| Homeownership Rate | 48.9% |
| Total Housing Units | 59,427 |
| Median Year Built | 1976 |
| Rent Burden | 34.0% |