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CityLedger

Waco, TX

Waco, TX Metro Area

Figures are medians for the whole Waco, TX Metro Area, not the city proper.

Expensive
47
Livability /100

Among the 300 U.S. metros CityLedger tracks, Waco ranks 218th for affordability — how far a typical paycheck stretches after local prices — and 218th for income. A household earns $67,792 a year while median rent runs $1,238/mo, making it expensive relative to what residents earn. Affordability and price level are different lenses: the raw cost of living here runs 7% below the U.S. average.

Its strongest card is hazard safety (14th of 300), while health is the soft spot (255th). Housing usually decides a move: rent ranks 144th and home prices 122nd among the 300 metros CityLedger tracks.

For your salary & household

Enter your pay and household size to see what it's really worth here — the numbers update live and the link stays shareable.

Waco, TX
$61,314
take-home / yr · 18% to tax
$66,249
real value after local prices

On $75,000 for just you in Waco, your take-home is worth about $66,249 once local prices are factored in — local prices stretch it further than the U.S. average.

Take-home estimates a single filer taking the standard deduction (2025 federal brackets, FICA, and state income tax) and isn't tax advice. “Real value” rebases take-home to average U.S. prices using the BEA cost-of-living index; the per-person figure uses the OECD square-root equivalence scale.

The numbers

Income & cost

Median income
218th of 300↑34.6%$67,792
Cost of living?The local price level vs. the U.S. average of 100 (BEA). Lower means cheaper. This is raw prices, not adjusted for income.
99th of 30093 (US=100)
Cost-adj. income?Median household income divided by the local price level — what the typical paycheck is really worth here.
$73,249
Per-capita income
$35,780
Full-time pay
$39,527

Housing

Median rent
144th of 300↑41.2%$1,238/mo
Home value
122nd of 300↑71.8%$277,100
Property tax
$3,071/yr · 1.1%
Sales tax
8.20%

Jobs & education

Unemployment
29th of 3003%
Bachelor's+
214th of 30028.8%
Avg commute
45th of 30021.1 min

People

Population
305,814
Population change
+12.9%
Median age
35.3 yrs
Foreign-born
8.3%
Broadband
91.6%

Environment & risk

Air quality (AQI)
255th of 30053
Natural-hazard loss
14th of 300$7/$10k

Health

Fair/poor health
255th of 30022.6%
Uninsured (18–64)
17.2%

Sources: U.S. Census Bureau (ACS), U.S. Bureau of Economic Analysis, U.S. EPA, FEMA, CDC, NOAA — every figure's source is listed on our methodology page. Data built 2026-06-14. ↑↓ mark the change since 2019.

How CityLedger scores it

Transparent weights — see our methodology.

Affordability?How far local pay stretches after local prices — purchasing power, not the raw price level. Higher is better.21×35%
Job market83×20%
Incomes?Based on per-capita income — how high earnings are, before adjusting for local prices.31×15%
Education39×15%
Commute85×15%

Strengths

  • + Cost of living
  • + Job market
  • + Commute
  • + Hazard safety

Watch-outs

  • Affordability
  • Household income
  • Education
  • Air quality
  • Health

Climate

30-year normals (1991–2020) from the nearest station — waco rgnl ap.

67°F
Avg temp
96°F
Summer high
38°F
Winter low
36 in
Precip

What jobs pay in Waco

Median annual wage by occupation (BLS OEWS 2025) — half of workers in each role earn more, half less.

Family medicine physicians
$235,710
Pharmacists
$150,710
IT managers
$141,810
Financial managers
$134,010
Lawyers
$130,230
Software developers
$123,080
General & operations managers
$92,990
Registered nurses
$92,890
Accountants & auditors
$76,140
Police officers
$75,850
Civil engineers
$75,120
Secondary school teachers
$61,210
Elementary school teachers
$59,100
Plumbers
$57,550
Electricians
$48,880
Truck drivers (heavy)
$48,780
Carpenters
$47,340
Maintenance & repair workers
$47,110
Customer service reps
$38,810
Construction laborers
$37,610
Janitors
$32,550
Retail salespersons
$29,810
Cashiers
$28,610
Waiters & waitresses
$23,010

Source: U.S. Bureau of Labor Statistics, OEWS 2025 — annual median wage. Cross-industry, all experience levels.

Where new residents move from

The states sending the most people to the Waco metro, by estimated movers (U.S. Census 2022 migration flows, 5-year). Moves from elsewhere in Texas are excluded to show where out-of-state arrivals originate.

  • California1,346
  • Colorado765
  • Illinois743
  • Florida495

Source: U.S. Census Bureau, ACS 2022 Migration Flows (5-year).

Cities like Waco

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Waco metro — frequently asked

What is the median rent in the Waco metro?
Median gross rent across the Waco, TX Metro Area is $1,238 a month (U.S. Census Bureau, ACS 2024). That figure covers the whole metro area, not just the city of Waco.
What is the median household income in the Waco metro?
A typical household in the Waco, TX Metro Area earns $67,792 a year (U.S. Census Bureau, ACS 2024).
Is Waco expensive to live in?
The overall cost of living in the Waco, TX Metro Area runs about 7% below the U.S. average (BEA Regional Price Parities, 2024) — prices are lower than average, before accounting for local pay.
Does a paycheck go far in the Waco metro?
After adjusting for local prices, the median household income is worth about $73,249 (versus its face value of $67,792). CityLedger rates the Waco, TX Metro Area expensive for what residents earn.
What is the typical home value in the Waco metro?
The median home value across the Waco, TX Metro Area is $277,100 (U.S. Census Bureau, ACS 2024).
What is the unemployment rate in the Waco metro?
The unemployment rate in the Waco, TX Metro Area is 3% (U.S. Census Bureau, ACS 2024).