Waco, KY demographics:
population, income, and more

Total population
2,233
-6.1% year-over-year change
Median household income
$63,103/yr
8.6% year-over-year change
Housing units
1,237
-1.5% year-over-year change

Waco population

How many people live in Waco

Waco is home to 2,233 residents, according to the most recent Census data. Gender-wise, 47.9% of Waco locals are male, and 52.1% are female.

Total population
2,233
-6.1% year-over-year change
Gender ratio
Male
47.9%
1,069
Female
52.1%
1,164
Value Percent YoY change
Male 1,069 47.9% -7.4%
Female 1,164 52.1% -4.9%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Waco is 42, with the population distributed as follows: about 23.2% are children under 15, then 6.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 23.3% of the population, while another 26.5% fall into the 45 to 64 bracket. Finally, around 20.2% are 65 or older.

Median age
42.5
Age breakdown
Under 15
23.2%
15 to 24
6.8%
25 to 44
23.3%
45 to 64
26.5%
Over 65
20.2%
Value Percent YoY change
Under 15 518 23.2% -16.9%
15 to 24 151 6.8% -7.4%
25 to 44 520 23.3% -8.8%
45 to 64 592 26.5% 2.2%
Over 65 452 20.2% 2.0%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Waco, 96.4% of the population are US-born citizens, while 2.7% have gained naturalized citizenship. At the same time, 0.9% of residents are non-citizens. There’s also a share of 1.1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
96.4%
Non-U.S.-born citizens
2.7%
Non-citizens
0.9%
Value Percent YoY change
U.S.-born citizens 2,152 96.4% -6.2%
Non-U.S.-born citizens 60 2.7% -3.2%
Non-citizens 21 0.9% 0.0%
Racial breakdown
White
98.9%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
1.1%
Other
0%
Value Percent
White 2,209 98.9%
Two or more races 24 1.1%

Households in Waco

A peek inside Waco households

Waco has 923 households, with an average of 2 members in each. Of these, 64.1% are families, while the remaining 35.9% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
923
0.3% year-over-year change
Average people per household
2
Non-family households
331
Family households
592
Value Percent YoY change
Non-family households 331 35.9% 8.2%
Family households 592 64.1% -3.6%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Waco

The housing landscape of Waco

Waco's housing consists of 1,237 units, with 77.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.7% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 21.4% of the housing landscape.

Housing units
1,237
-1.5% year-over-year change
Housing types
Value Percent
1 unit, detached 963 77.8%
1 unit, attached 9 0.7%
Mobile home 265 21.4%
Homes built since 2020
% year-over-year change

The age of buildings in Waco

In Waco, the median construction year is 1989. About 6.3% of homes were built before the 1940s, with another 3.2% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 78 6.3% 110.8%
Built between 1940 and 1949 39 3.2% 44.4%
Built between 1950 and 1959 136 11% 20.4%
Built between 1960 and 1969 48 3.9% -52.0%
Built between 1970 and 1979 190 15.4% -5.9%
Built between 1980 and 1989 135 10.9% 0.8%
Built between 1990 and 1999 147 11.9% 2.8%
Built between 2000 and 2009 300 24.2% -13.0%
Built between 2010 and 2019 164 13.3% 5.8%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Waco occupancy rates

Out of the 923 occupied housing units in Waco, 82% are owner-occupied, while 18% are lived in by tenants. Meanwhile, 25.4% of all homes on the local market sit vacant.

Occupied housing units
923
0.3% year-over-year change
Occupancy breakdown
Renter occupied
166
Owner occupied
757
Value Percent YoY
change
Renter occupied 166 18% -7.3%
Owner occupied 757 82% 2.2%
Unoccupied housing units
25.4%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Waco housing costs

Housing costs in Waco come to a median of $903 per month, while tenants specifically pay a median gross rent of $680.

Median housing costs per month
$903/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Waco
$680/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Waco

Waco education at a glance

About 53.5% of the population in Waco went to high school, while 17.5% pursued college studies. Another 6.4% earned an associate degree and 11.4% hold a bachelor’s. Meanwhile, 8.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 42 2.5% -59.2%
High school diploma 890 53.5% 0.1%
College diploma 291 17.5% 3.9%
Associate degree 106 6.4% 2.9%
Bachelor's degree 189 11.4% -0.5%
Graduate degree 145 8.7% 18.9%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Waco

How much people earn in Waco

The average annual household income in Waco was $68,844 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1.5% change from the previous year. At the same time, the median income stood at $63,103, reflecting a +8.6% shift over the same period.

Average household income in Waco
$68,844/year
1.5% year-over-year change
Median household income in Waco
$63,103/year
8.6% year-over-year change

Waco income by age

In Waco, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $86,458. Those with someone between 45 and 64 in charge, often well established professionally, earn $65,417 overall. Overall, 92.5% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $86,458 2.0%
45 - 64 $65,417 11.7%
Over 65 $39,397 1.1%
Above poverty level
2,045
Below poverty level
166
Value Percent YoY
change
Above poverty level 2,045 92.5% -0.6%
Below poverty level 166 7.5% -37.1%

Employment in Waco

Workforce and job types in Waco

71.8% of the working population are employed in professional or administrative positions, while 28.2% are in hands-on or service-based jobs. Also, 12.8% run their own businesses, 61.4% are employed by private companies, and 17.7% work in the public sector.

Workforce demographics

White collar
658
Blue collar
259
Value Percent YoY change
White collar 658 71.8% 1.4%
Blue collar 259 28.2% 8.8%
Employer type
Self employees
12.8%
Private companies
61.4%
Governmental workers
17.7%
Not for profit companies
8.2%
Value Percent YoY change
Self employees 117 12.8% -11.4%
Private companies 563 61.4% 18.5%
Governmental workers 162 17.7% -13.4%
Not for profit companies 75 8.2% -19.4%

Transportation in Waco

How people get around in Waco

Means of transportation
Value Percent YoY change
Car 843 100% 5.1%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Waco by zipcode?

Zipcode Population Number of households Median income Average income
40385 2,233 923 $63,103 $68,844

Explore more communities

FAQs about Waco demographics 

What is the total population of Waco?

Waco has a total population of 2,233 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -6.1% compared to a year ago.

What is the gender ratio in Waco?

The gender ratio in Waco is as follows:
  • 47.9% males (1,069 residents)
  • 52.1% females (1,164 residents)

What is the median age in Waco?

The median age in Waco is 42.5.

What is the age distribution of the population in Waco?

The age distribution in Waco is as follows:
  • Under 15: 23.2% (518 residents)
  • Ages 15-24: 6.8% (151 residents)
  • Ages 25-44: 23.3% (520 residents)
  • Ages 45-64: 26.5% (592 residents)
  • Over 65: 20.2% (452 residents)

What is the racial and ethnic makeup of Waco?

The racial and ethnic makeup of Waco is as follows:
  • White: 98.9% (2,209 residents)
  • Black or African American: 0% ( residents)
  • American Indian and Alaska Native: 0% ( residents)
  • Asian: 0% ( residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 1.1% (24 residents)
  • Other: 0% ( residents)

What percentage of the population in Waco are U.S.-born citizens?

U.S.-born citizens represent 96.4% of the population in Waco.

How many housing units are there in Waco?

There are 1,237 housing units in Waco, reflecting a -1.5% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Waco and what is the average household size?

Waco has a total of 923 households, with an average of 2 people in each.

What is the median household income in Waco?

Waco has a median household income of $63,103, representing a +8.6% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Waco?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 71.8% (658 residents)
  • Blue-collar workers: 28.2% (259 residents)

Places of employment:
  • Self-employed: 12.8% (117 residents)
  • Private companies: 61.4% (563 residents)
  • Governmental workers: 17.7% (162 residents)
  • Not-for-profit companies: 8.2% (75 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025