Here's what it costs to live in Waco, Texas, based on the latest US government data. Renters pay a median of $1,165 per month, while the typical home is valued around $221,700. Households earn a median of $54,365 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 44. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$54,365
Median Income / yr
Census ACS
$1,165
Median Rent / mo
Census ACS
$221,700
Median Home Value
Census ACS
N/A
Cost of Living Index
Studio FMR
$850
HUD · FY2024
1BR Fair Market Rent
$996
HUD · FY2024
2BR Fair Market Rent
$1,240
HUD · FY2024
3BR Fair Market Rent
$1,599
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
143,570
Latest estimate
Median Age
29.7 yrs
Census ACS
44.0
Good0 = clean · 50 = moderate boundary · lower is better
Source: EPA AirNow
Total Neighborhoods
15
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,149
Per month
Avg Home Value
$202,657
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 76633 | — | $1,680 | $300,200 |
| ZIP 76638 | — | $1,113 | $328,700 |
| ZIP 76643 | — | $1,308 | $233,700 |
| ZIP 76655 | — | $1,390 | $259,600 |
| ZIP 76657 | — | $1,210 | $341,700 |
| ZIP 76701 | — | $1,137 | $100,000 |
| ZIP 76704 | — | $713 | $105,200 |
| ZIP 76705 | — | $882 | $152,000 |
| ZIP 76706 | — | $997 | $162,900 |
| ZIP 76707 | — | $1,012 | $99,500 |
Showing top 10 of 15 tracked neighborhoods.
January Avg
48°F
July Avg
86°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Temperate · Source: NOAA/NCEI 30-year normals.
Healthcare Score
29.6
poor
Hospitals
3
Doctors per 1,000
1.00
Insurance Coverage
84.8%
The cost of living index for Waco is not yet available.
The median gross rent in Waco is $1,165 per month according to US Census ACS data.
The median household income in Waco is $54,365 per year.
The median home value in Waco is $221,700 based on the latest Census ACS survey.
Waco has an average Air Quality Index (AQI) of 44.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
Tax data for Texas is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
