Waco, TX

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Population

267,554

1.01% growth

Median Age

33.9


Median Household Income

$45,961

1.35% decline

Poverty Rate

19.7%


Number of Employees

121,275

0.144% growth

Median Property Value

$133,700

9.59% growth

About

In 2017, Waco, TX had a population of 268k people with a median age of 33.9 and a median household income of $45,961. Between 2016 and 2017 the population of Waco, TX grew from 264,869 to 267,554, a 1.01% increase and its median household income declined from $46,590 to $45,961, a -1.35% decrease.

The population of Waco, TX is 55.4% White Alone, 26.1% Hispanic or Latino, and 15.1% Black or African American Alone. N/A% of the people in Waco, TX speak a non-English language, and 93.4% are U.S. citizens.

The largest universities in Waco, TX are Baylor University (4,398 degrees awarded in 2016), Texas State Technical College (2,943 degrees), and McLennan Community College (1,632 degrees).

The median property value in Waco, TX is $133,700, and the homeownership rate is 59.2%. Most people in Waco, TX commute by Drove Alone, and the average commute time is 19.4 minutes. The average car ownership in Waco, TX is 2 cars per household.

Economy

The economy of Waco, TX employs 121k people. The largest industries in Waco, TX are Health Care & Social Assistance (17,329 people), Retail Trade (15,349 people), and Educational Services (14,711 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($56,742), Utilities ($52,026), and Wholesale Trade ($50,205).

Median household income in Waco, TX is $45,961. Males in Waco, TX have an average income that is 1.4 times higher than the average income of females, which is $47,183. The income inequality in Waco, TX (measured using the Gini index) is 0.479, which is lower than than the national average.

Wages

Median Household Income

$45,961

2017 value

± $2,765

-1.35%

1 Year Growth

± 7.75%

Households in Waco, TX have a median annual income of $45,961, which is less than the median annual income of $60,336 across the entire United States. This is in comparison to a median income of $46,590 in 2016, which represents a -1.35% annual growth.

Look at the chart to see how the median household income in Waco, TX compares to that of it's neighboring and parent geographies.

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Wage by Gender in Common Jobs

The PUMS dataset is not available at the MSA level, so we are showing data for Texas.

$65,834

Average Male Salary

± $720

$47,183

Average Female Salary

± $513

In 2017, full-time male employees in Texas made 1.4 times more than female employees.

This chart shows the gender-based wage disparity in the 5 most common occupations in Texas by number of full-time employees.

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Wage by Race and Ethnicity in Common Jobs

The PUMS dataset is not available at the MSA level, so we are showing data for Texas.

Highest Average Salaries by Race & Ethnicity

  1. Asian

    $66,972 ± $2,204

  2. White

    $53,020 ± $510

  3. Two or More Races

    $45,863 ± $2,727

In 2017 the highest paid race/ethnicity of Texas workers was Asian. These workers were paid 1.26 times more than White workers, who made the second highest salary of any race/ethnicity.

This chart shows the race- and ethnicity-based wage disparities in the 5 most common occupations in Texas by number of full-time employees.

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Wage Distribution

The closest comparable wage GINI for Waco, TX is from Texas.

0.479

2017 Wage GINI

0.482

2016 Wage GINI

In 2017, the income inequality in Texas was 0.479 according to the GINI calculation of the wage distribution. Income inequality had a 0.678% decline from 2016 to 2017, which means that wage distribution grew somewhat more even.

The 2017 the GINI for Texas was lower than than the national average of 0.479. In other words, wages are distributed more evenly in Texas in comparison to the national average.

This chart shows the number of workers in Texas across various wage buckets compared to the national average.

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Income by Location

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Highest Median Household Income (Total)

In 2017, the county with the highest Median Household Income (Total) in Waco, TX was Collin County, TX with a value of $94,933, followed by Rockwall County, TX and Fort Bend County, TX, with respective values of $94,848 and $90,845.

The following map shows all of the counties in Waco, TX colored by their Median Household Income (Total).

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Poverty by Age and Gender

Females 18 - 24

Largest Demographic Living in Poverty

19.7% of the population for whom poverty status is determined in Waco, TX (49.6k out of 252k people) live below the poverty line, a number that is higher than the national average of 13.4%. The largest demographic living in poverty are Females 18 - 24, followed by Males 18 - 24 and then Females 25 - 34.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Poverty by Race and Ethnicity

Largest Race or Ethnicity Living in Poverty

  1. White

    32,240 ± 1,338

  2. Hispanic

    17,627 ± 965

  3. Black

    11,988 ± 807

The most common racial or ethnic group living below the poverty line in Waco, TX is White, followed by Hispanic and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Occupations

Employment by Occupations

121k

2017 Value

± 5,881

0.144%

1 Year growth

± 6.92%

From 2016 to 2017, employment in Waco, TX grew at a rate of 0.144%, from 121k employees to 121k employees.

The most common job groups, by number of people living in Waco, TX, are Office & Administrative Support Occupations (17,406 people), Sales & Related Occupations (12,079 people), and Management Occupations (11,405 people). This chart illustrates the share breakdown of the primary jobs held by residents of Waco, TX.

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Most Common

The most common jobs held by residents of Waco, TX, by number of employees, are Office & Administrative Support Occupations (17,406 people), Sales & Related Occupations (12,079 people), and Management Occupations (11,405 people).

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Most Specialized

Compared to other msas, Waco, TX has an unusually high number of residents working as Law Enforcement Workers Including Supervisors (1.63 times higher than expected), Construction & Extraction Occupations (1.37 times), and Installation, Maintenance, & Repair Occupations (1.37 times).

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Highest Paid

The highest paid jobs held by residents of Waco, TX, by median earnings, are Architecture & Engineering Occupations ($80,974), Legal Occupations ($75,239), and Computer, Engineering, & Science Occupations ($66,521).

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Industries

Employment by Industries

121k

2017 Value

± 5,881

0.144%

1 Year growth

± 6.92%

From 2016 to 2017, employment in Waco, TX grew at a rate of 0.144%, from 121k employees to 121k employees.

The most common employment sectors for those who live in Waco, TX, are Health Care & Social Assistance (17,329 people), Retail Trade (15,349 people), and Educational Services (14,711 people). This chart shows the share breakdown of the primary industries for residents of Waco, TX, though some of these residents may live in Waco, TX and work somewhere else. Census data is tagged to a residential address, not a work address.

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Most Common

The most common industries in Waco, TX, by number of employees, are Health Care & Social Assistance (17,329 people), Retail Trade (15,349 people), and Educational Services (14,711 people).

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Most Specialized

Compared to other msas, Waco, TX has an unusually high number of Utilities (1.93 times higher than expected), Educational Services (1.33 times), and Construction (1.2 times) industries.

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Highest Paying

The highest paying industries in Waco, TX, by median earnings, are Mining, Quarrying, & Oil & Gas Extraction ($56,742), Utilities ($52,026), and Wholesale Trade ($50,205).

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from Texas to other states, or from other states to Texas.

Top Domestic Production in Dollars

  1. $282B

  2. $216B

  3. $159B

In 2015, the top outbound Texas product (by dollars) was Fuel oils with $282B, followed by Gasoline ($216B) and Mixed freight ($159B).

The following chart shows the share of these products in relation to all outbound Texas products.

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Domestic Trade Growth

Showing data for Texas state.

$1.97T

2015 Value

$2.8T

Projected 2045 Value

42.1% growth

In 2015, total outbound Texas trade was $1.97T. This is expected to increase 42.1% to $2.8T by 2045.

The following chart shows how the domestic outbound Texas trade is projected to change in comparison to its neighboring states.

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Interstate Trade

Interstate trade consists of products and services shipped from Texas to other states, or from other states to Texas.

Most Common Trade Partners

  1. $85.7B

  2. $53.4B

  3. $34.5B

In 2015, the top outbound Texas domestic partner for goods and services (by dollars) was Louisiana with $85.7B, followed by Oklahoma with $53.4B and California and $34.5B.

The following map shows the amount of trade that Texas shares with each state (excluding itself).

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Health

85.4% of the population of Waco, TX has health coverage, with 46.7% on employee plans, 15.7% on Medicaid, 10.3% on Medicare, 10.3% on non-group plans, and 2.33% on military or VA plans.

Per capita personal health care spending in the msa of Waco, TX was $6,998 in 2014. This is a 5.06% increase from the previous year ($6,661).

Primary care physicians in Waco, TX see 1670 patients per year on average, which represents a 0.12% decrease from the previous year (1672 patients). Compare this to dentists who see 1790 patients per year, and mental health providers who see 1012 patients per year.

Comparing across all counties in the state, Cass County has the highest prevalence of diabetes (14.5%). Additionally, Angelina County has the highest prevalence of adult obesity (39.6%)

Patient to Clinician Ratios

Data is only available at the state level. Showing data for Texas.

1,670 to 1

Patient to Primary Care Physician Ratio

Primary care physicians in Texas see an average of 1,670 patients per year. This represents a 0.12% decrease from the previous year (1,672 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Texas in comparison to neighboring states.

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Behavioral Health Conditions

Data only available at the state level.

State with the Highest Prevalence

  1. 8.26% of the population affected

  2. 8.13% of the population affected

  3. 7.98% of the population affected

In 2016, West Virginia had the highest prevalence of adults with major depressive episode, with 8.26% of the population affected. The second highest is Arkansas (8.13%), followed by New Hampshire (7.98%).

The following map shows the percent of individuals with major depressive episode by state over multiple years.

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Access and Quality

Data only available at state level.

Most prevalent states

  1. 19.2% of adults

  2. 17.9% of adults

  3. 17.6% of adults

In 2016, Mississippi had the highest prevalence of adults who haven't seen a doctor in the past 12 months due to cost, at 19.2%. It is followed by Texas (17.9%) and Louisiana (17.6%).

The following map shows the prevalence of adults who haven't seen a doctor in the past 12 months due to cost by state over multiple years.

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Health Care Spending

Data is only available at the state level. Showing data for Texas.

$6,998

Total Per Capita Spending on Personal Health Care 

$4,696

Per Enrollee Private Health Insurance Spending on Personal Health Care

$7,273

Per Enrollee Medicaid Spending on Personal Health Care

$11,895

Per Enrollee Medicare Spending on Personal Health Care

Between 2013 and 2014, all personal health care spending per capita in Texas (including private, Medicare, and Medicaid) grew 5.06%, from $6,661 to $6,998.

The following chart shows how this spending changed over time in comparison to Medicaid, Medicare, and private insurance spending, per enrollee.

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Health Care Coverage

14.6%

Uninsured

46.7%

Employer Coverage

15.7%

Medicaid

10.3%

Medicare

10.3%

Non-Group

2.33%

Military or VA

Between 2016 and 2017, the percent of uninsured citizens in Waco, TX declined by 4.89% from 15.4% to 14.6%.

The following chart shows how the percent of uninsured individuals in Waco, TX changed over time compared with the percent of individuals enrolled in various types of health insurance.

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Health Risks

Data available at the county level.

Most at risk counties

  1. 14.5% prevalence

  2. 14.4% prevalence

  3. 14.3% prevalence

Cass County has the highest prevalence of diabetes in Texas, at 14.5%.

The following map shows the prevalence of diabetes in Texas by county over multiple years.

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Diversity

Waco, TX is home to a population of 268k people, from which 93.4% are citizens. As of 2017, 8.49% of Waco, TX residents were born outside of the country (22.7k people).

The ethnic composition of the population of Waco, TX is composed of 148k White Alone residents (55.4%), 69.8k Hispanic or Latino residents (26.1%), 40.3k Black or African American Alone residents (15.1%), 4.38k Asian Alone residents (1.64%), 2.99k Two or More Races residents (1.12%), 1.45k Some Other Race Alone residents (0.541%), 437 American Indian & Alaska Native Alone residents (0.163%), and 44 Native Hawaiian & Other Pacific Islander Alone residents (0.0164%).

The most common foreign languages spoken in Waco, TX are N/A.

Age

Age by Nativity

33

Median Native-Born Age

± 0.6

41

Median Foreign-Born Age

± 2

In 2017, the median age of all people in Waco, TX was 33.9. Native-born citizens, with a median age of 33, were generally younger than than foreign-born citizens, with a median age of 41. But people in Waco, TX are getting getting older. In 2016, the average age of all Waco, TX residents was 34.

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Heritage

Foreign-Born Population

8.49%

2017 Foreign-Born Population

22.7k people

8.15%

2016 Foreign-Born Population

21.6k people

As of 2017, 8.49% of Waco, TX residents (22.7k people) were born outside of the United States, which is lower than the national average of 13.7%. In 2016, the percentage of foreign-born citizens in Waco, TX was 8.15%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Waco, TX compared to that of it's neighboring and parent geographies.

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Global Diversity

The PUMS dataset is not available at the MSA level, so we are showing data for Texas.

Most Common Origin

  1. Mexico

    2,536,761 ± 37,310 people

  2. India

    269,624 ± 12,687 people

  3. El Salvador

    222,793 ± 11,543 people

In 2017, the most common birthplace for the foreign-born residents of Texas was Mexico, the natal country of 2,536,761 Texas residents, followed by India with 269,624 and El Salvador with 222,793.

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Citizenship

93.4%

2017 Citizenship

94.2%

2016 Citizenship

As of 2017, 93.4% of Waco, TX residents were US citizens, which is higher than the national average of 93.1%. In 2016, the percentage of US citizens in Waco, TX was 94.2%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Waco, TX compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

Most Common

  1. White Alone

    148k ± 1.72k

  2. Hispanic or Latino

    69.8k ± 4.04k

  3. Black or African American Alone

    40.3k ± 1.82k

In 2017, there were 2.12 times more White Alone residents (148k people) in Waco, TX than any other race or ethnicity. There were 69.8k Hispanic or Latino and 40.3k Black or African American Alone residents, the second and third most common racial or ethnic groups.

The following bar chart shows the 8 races and ethnicities represented in Waco, TX as a share of the total population.

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Non-English Speakers

Most Common Languages

  1. N/A

    N/A speakers (N/A%)

  2. N/A

    N/A speakers (N/A%)

  3. N/A

    N/A speakers (N/A%)

N/A% of Waco, TX citizens are speakers of a non-English language, which is approximately the same as the national average of 21.8%. In N/A, the most common non-English language spoken in Waco, TX was N/A. N/A% of the overall population of Waco, TX are native N/A speakers. N/A% speak N/A and N/A% speak N/A, the next two most common languages.

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Military

Veterans

Most Common Service Period

  1. Vietnam

    4,957 ± 1,002

  2. Gulf War (2001-)

    2,684 ± 955

  3. Gulf War (1990s)

    2,062 ± 587

Waco, TX has a large population of military personnel who served in Vietnam, 1.85 times greater than any other conflict.

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Education

In 2016, universities in Waco, TX awarded 8,973 degrees. The student population of Waco, TX is skewed towards women, with 18,898 male students and 20,109 female students.

Most students graduating from Universities in Waco, TX are White (5,064 and 57.7%), followed by Hispanic or Latino (2,361 and 26.9%), Black or African American (602 and 6.86%), and Two or More Races (290 and 3.3%).

The largest universities in Waco, TX by number of degrees awarded are Baylor University (4,398 and 49%), Texas State Technical College (2,943 and 32.8%), and McLennan Community College (1,632 and 18.2%).

The most popular majors in Waco, TX are Liberal Arts & Sciences (912 and 10.2%), Registered Nursing (394 and 4.39%), and General Business Administration & Management (305 and 3.4%).

The median tuition costs in Waco, TX are $37,996 for private four year colleges, and $N/A and $N/A respectively, for public four year colleges for in-state students and out-of-state students.

Concentrations

Most Common

  1. 161 degrees awarded

  2. 221 degrees awarded

  3. 195 degrees awarded

In 2015, the most common concentation for Bachelors Degree recipients in Waco, TX was General Finance with 161 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Waco, TX according to their major.

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Universities

Largest Universities by degrees awarded

  1. 4,398 degrees awarded

  2. 2,943 degrees awarded

  3. 1,632 degrees awarded

$N/A

Median In-State Public

$37,996

Median Private

In 2016, the Waco, TX institution with the largest number of graduating students was Baylor University with 4,398 degrees awarded.

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Student Gender for Common Institutions

4,351

Degrees Awarded to Men

4,622

Degrees Awarded to Women

In 2016, 4,351 men were awarded degrees from institutions in Waco, TX, which is 0.941 times less than the 4,622 female students who received degrees in the same year.

This chart displays the gender disparity between the institutions in Waco, TX by degrees awarded.

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Student Race and Ethnicity

Most Common Student Race or Ethnicity

  1. White

    5,064 degrees awarded

  2. Hispanic or Latino

    2,361 degrees awarded

  3. Black or African American

    602 degrees awarded

In 2016 the majority of degrees awarded at institutions in Waco, TX were to White students. These 5,064 degrees mean that there were 2.14 times more White students then the next closest race/ethnicity group, Hispanic or Latino, with 2,361 degrees awarded.

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Housing & Living

The median property value in Waco, TX was $133,700 in 2017, which is 0.614 times smaller than the national average of $217,600. Between 2016 and 2017 the median property value increased from $122,000 to $133,700, a 9.59% increase. The homeownership rate in Waco, TX is 59.2%, which is lower than the national average of 63.9%. People in Waco, TX have an average commute time of 19.4 minutes, and they commute by Drove Alone. Car ownership in Waco, TX is approximately the same as the national average, with an average of 2 cars per household.

Income

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$45,961

Median Household Income

± $2,765

97.3k

Number of Households

± 4,938

In 2017, the median household income of the 97.3k households in Waco, TX declined from $45,961 from the previous year's value of $46,590.

The following chart displays the households in Waco, TX distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Housing

Property Value

$133,700

2017 Median

± $7,577

$122,000

2016 Median

± $7,159

In 2017, the median property value in Waco, TX grew to to $133,700 from the previous year's value of $122,000.

The following charts display, first, the property values in Waco, TX compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Waco, TX the largest share of households have a property value in the $150k - $175k range.

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Property Taxes

$3k+

Average Range

This chart shows the households in Waco, TX distributed between a series of property tax buckets compared to the national averages for each bucket. In Waco, TX the largest share of households pay taxes in the $3k+ range.

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Rent vs Own

59.2%

2017 Homeownership

59.9%

2016 Homeownership

In 2017, 59.2% of the housing units in Waco, TX were occupied by their owner. This percentage declined from the previous year's rate of 59.9%.

This percentage of owner-occupation is lower than the national average of 63.9%. This chart shows the ownership percentage in Waco, TX compared it's parent and neighboring geographies.

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Transportation

Car Ownership

2 cars

Average Number

The following chart displays the households in Waco, TX distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Waco, TX have 2 cars, followed by 1 car.

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Commute Time

19.4 minutes

Average Travel Time

Using averages, employees in Waco, TX have a shorter commute time (19.4 minutes) than the normal US worker (25.5 minutes). Additionally, 2.19% of the workforce in Waco, TX have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Waco, TX compares to that of it's neighboring and parent geographies.

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Commuter Transportation

Most Common Method of Travel

  1. Drove Alone

    83.2%

  2. Carpooled

    8.57%

  3. Worked At Home

    3.71%

In 2017, the most common method of travel for workers in Waco, TX was Drove Alone, followed by those who Carpooled and those who Worked At Home.

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