Last updated: 2024 BLS data · Page refreshed:
Waco has a population of 143,570 with a median age of 29.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 143,570 |
| Median Age | 29.7 |
| White | 48.3% |
| Black or African American | 19.8% |
| Asian | 2.1% |
| Hispanic or Latino | 30.6% |
The median household income in Waco is $54,365, which is 32.6% below the national median of $80,610. The per capita income is $30,942. The poverty rate is 23.1%.
The unemployment rate in Waco is 3.9%, compared to the national rate of 4.1%.
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In Waco, 86.0% of residents age 25+ have a high school diploma or higher, and 28.7% hold a bachelor's degree or higher (11.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 86.0% |
| Bachelor's Degree or Higher | 28.7% |
| Graduate or Professional Degree | 11.5% |
The median home value in Waco is $221,700, below the national median of $303,400. The median monthly rent is $1,165. The homeownership rate is 49.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $221,700 |
| Median Monthly Rent | $1,165 |
| Homeownership Rate | 49.4% |
| Vacancy Rate | 11.9% |
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