Living in Waco, Georgia
Cost of living, income, home prices, rent and demographics of Waco · Census data 2020–2024
Waco has 779 residents with a median age of 32.9. The median household income is $38,393 (50% lower than the Georgia median), the median home value is $158,500, the median rent is $930/month.
Waco is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Waco at a glance
- Population
- 779
- Median age
- 32.9State: 37.6
- Median household income
- $38,393State: $77,353
- Median home value
- $158,500State: $303,300
- Median rent
- $930/moState: $1,393
- Homeowners
- 47.6%
- Bachelor's degree or higher
- 4.7%
- Average commute
- 32 min
Is Waco a good place to live?
Pros: Home values 48% lower than the state median; unemployment of 3.4%.
Cons: Median household income 50% lower than the Georgia median; an average commute of 32 minutes; a poverty rate of 28%.
The weather is best in April–May and September–October.
Cost of living in Waco
Housing is the biggest part of the cost of living. In Waco the median home value is $158,500, 52% lower than the U.S. median. Renters pay a median of $930 per month, which is 34.4% of household income. Homeowners with a mortgage pay $1,267 a month in housing costs.
Waco median household income
The median household income in Waco is $38,393 and the income per person is $21,806. 28% of residents live below the poverty line (Georgia: 13.4%).
Housing in Waco: homes for sale and rent
- Housing units
- 311
- Owner-occupied
- 47.6%
- Renter-occupied
- 52.4%
- Vacant
- 0.6%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.52
Waco demographics
- Population
- 779
- Median age
- 32.9
- Under 18
- 29.4%
- 65 and older
- 14.9%
- Households
- 309
- Foreign-born
- 1.8%
- Veterans
- 2.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Waco ›
Education in Waco
4.7% of adults 25 and older in Waco have a bachelor's degree or higher (Georgia: 34.9%), and 3.5% have a graduate or professional degree.
Jobs and commute in Waco
- Unemployment rate
- 3.4%State: 5.1%
- Average commute
- 32 minState: 28 min
- Work from home
- 10.1%
- Drive alone
- 76.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 60.5%
Waco vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waco | 779 | $38,393 | $158,500 | $930 |
| Bremen | 7,488 | $93,780 | $289,500 | $951 |
| Mount Zion | 2,433 | $53,750 | $231,000 | $1,430 |
| Tallapoosa | 3,227 | $62,599 | $185,100 | $676 |
| Buchanan | 1,306 | $52,500 | $169,400 | $986 |
| Temple | 5,901 | $91,180 | $232,800 | $1,384 |
| Carrollton | 27,392 | $54,379 | $311,100 | $1,089 |
| Bowdon | 2,006 | $65,337 | $167,500 | $919 |
| Fruithurst | 554 | $50,903 | $95,500 | $807 |
More for people moving to Waco
Waco ZIP code ›Weather and climate ›Living in Waco: FAQ
What is the median household income in Waco, GA?
The median household income in Waco is $38,393, 50% lower than the Georgia median of $77,353 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Waco?
The median home value in Waco is $158,500, compared with $303,300 in Georgia.
How much is rent in Waco?
The median gross rent in Waco is $930 per month, about 34.4% of household income.
Is Waco, GA a good place to live?
Pluses: home values 48% lower than the state median; unemployment of 3.4%. Minuses: median household income 50% lower than the Georgia median; an average commute of 32 minutes; a poverty rate of 28%.
What is the median age in Waco?
The median age in Waco is 32.9 years (Georgia: 37.6).
How long is the commute in Waco?
The average commute to work in Waco is 32 minutes; 10.1% of workers work from home.
What is the unemployment rate in Waco?
The unemployment rate in Waco is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waco?
4.7% of adults in Waco have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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