HomeTexasMcLennan CountyWaco city
Waco city, Texas: commercial real estate data.
Waco city is a Census city of 143,570 people across 91.01 square miles of land, in McLennan County. Median household income is $54,365, 49.4 percent of occupied homes are owned, and the SBA record carries 134 7(a) approvals to borrowers here worth $120.5 m.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Waco
What Waco is
- Census place typecity
- Land area91.01 sq mi
- Water area12.44 sq mi
- Population per square mile of land1,578
- County holding the largest share of its areaMcLennan County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waco
How many people live in Waco
- Population143,570
- Median age29.7
- Population under 1832,789
- Share under 1822.8 percent
- Population 65 and over19,292
- Share 65 and over13.4 percent
- Households53,906
- Family households31,309
- Share of households that are families58.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waco
Income and work in Waco
- Median household income$54,365
- Per capita income$30,942
- Civilian labor force70,885
- Employed67,618
- Unemployed3,267
- Unemployment rate4.6 percent
- Adults 25 and over83,016
- Adults 25 and over with a high school diploma or higher86.0 percent
- Adults 25 and over with a bachelor degree or higher28.7 percent
- Adults 25 and over with a graduate degree11.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waco
Housing in Waco
- Housing units61,163
- Occupied units53,906
- Vacant units7,257
- Vacancy rate11.9 percent
- Owner occupied26,648
- Renter occupied27,258
- Ownership rate49.4 percent
- Median owner-occupied home value$221,700
- Median gross rent, monthly$1,165
- Annual rent as a share of median income25.7 percent
- Single family units37,590
- Share single family61.5 percent
- Units in buildings of two or more22,938
- Share in buildings of two or more37.5 percent
- Mobile homes635 plus or minus 266
- Median year structure built1979
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waco
How Waco gets to work
- Workers 16 and over who commute60,192
- Commuting under 15 minutes22,513
- Share commuting under 15 minutes37.4 percent
- Commuting 30 minutes or more8,629
- Share commuting 30 minutes or more14.3 percent
- Drove alone75.7 percent
- Carpooled10.3 percent
- Public transport0.7 percent plus or minus 0.4
- Walked2.8 percent plus or minus 0.6
- Worked from home9.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waco
SBA loans in Waco (7(a))
- Approvals134
- Gross approval$120,467,800
- Average approval$899,013
- Median approval$361,000
- Ninetieth percentile approval$2,340,000
- Largest approval$5,000,000
- Jobs supported2,056
- Jobs per approval15.3
- Loans with a final outcome31
- Paid in full23
- Charged off8
- Charge-off rate over resolved loans25.8 percent
- Median term120 months
- Share on real estate terms of 20 years or more32.1 percent
- Share to franchises35.1 percent
- Distinct lenders57
- Distinct industries by NAICS64
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Waco
SBA loans in Waco (504)
- Approvals13
- Gross approval$20,560,000
- Average approval$1,581,538
- Median approval$830,000
- Largest approval$5,500,000
- Jobs supported241
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs6
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Waco
Flood risk in Waco
- Listed NFIP communities1
- Of those, participating1
- NFIP community number480461
- Currently effective map date12/20/19
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
McLennan County, not Waco
McLennan County context, not Waco figures
These are McLennan County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Waco measurements.
- Establishments in McLennan County5,928
- Employment at those establishments, McLennan County111,600
- Covered employment, McLennan County122,697
- Average annual pay, McLennan County$60,387
- Average weekly wage, McLennan County$1,161
- Housing units permitted, McLennan County1,046
- Of those, single family, McLennan County744
- County product, 2024, McLennan County$18,479,147,000
- County product change over the prior year, McLennan County5.9 percent
- Average income of an arriving household, McLennan County$68,542
Every figure in this section is published for McLennan County as a whole and is not a measurement of Waco. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Waco questions, answered from the record.
How many people live in Waco, Texas?
143,570, in 53,906 households. Waco city covers 91.01 square miles of land, which is 1,578 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Waco in?
McLennan County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Waco?
$54,365. The median owner-occupied home is valued at $221,700. Median gross rent is $1,165 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Waco businesses?
134 7(a) approvals totalling $120.5 m, across 57 lenders, median approval $361,000, plus 13 504 approvals worth $20.6 m. These count approvals to borrowers whose address is in Waco, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Waco borrowers get paid back?
Of the 31 loans that have reached a final outcome, 23 were paid in full and 8 charged off, a charge off rate of 25.8 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Waco in the National Flood Insurance Program?
Yes. Waco appears in the FEMA Community Status Book as community 480461, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Waco figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for McLennan County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Waco.
Is zoning published for Waco?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.