Living in Waco, Missouri
Cost of living, income, home prices, rent and demographics of Waco · Census data 2020–2024
Waco has 154 residents with a median age of 47. The median household income is $59,250 (16% lower than the Missouri median), the median home value is $116,500.
Waco is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Waco at a glance
- Population
- 154
- Median age
- 47State: 39
- Median household income
- $59,250State: $70,702
- Median home value
- $116,500State: $230,300
- Homeowners
- 89.5%
- Bachelor's degree or higher
- 6.2%
- Average commute
- 26 min
Is Waco a good place to live?
Pros: Home values 49% lower than the state median.
Cons: Median household income 16% lower than the Missouri median; an average commute of 26 minutes; unemployment of 25%; a poverty rate of 25.3%.
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 $116,500, 65% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,000 a month in housing costs.
Waco median household income
The median household income in Waco is $59,250 and the income per person is $22,481. 25.3% of residents live below the poverty line (Missouri: 12.6%).
Housing in Waco: homes for sale and rent
- Housing units
- 61
- Owner-occupied
- 89.5%
- Renter-occupied
- 10.5%
- Vacant
- 6.6%Includes seasonal homes
- Median year built
- 1953
- Average household size
- 2.70
Waco demographics
- Population
- 154
- Median age
- 47
- Under 18
- 20.1%
- 65 and older
- 11%
- Households
- 57
- Foreign-born
- 2.6%
- Veterans
- 17.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Waco ›
Education in Waco
6.2% of adults 25 and older in Waco have a bachelor's degree or higher (Missouri: 32.4%), and 0% have a graduate or professional degree.
Jobs and commute in Waco
- Unemployment rate
- 25%State: 4%
- Average commute
- 26 minState: 24 min
- Work from home
- 0%
- Drive alone
- 64.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 93%
Waco vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waco | 154 | $59,250 | $116,500 | — |
| Carl Junction | 8,339 | $82,879 | $218,300 | $1,307 |
| Oronogo | 2,804 | $91,563 | $188,500 | $1,299 |
| Neck City | 193 | $71,607 | $97,400 | — |
| Airport Drive | 941 | $69,063 | $251,100 | $909 |
| Alba | 624 | $51,510 | $83,200 | $865 |
| Webb City | 13,221 | $65,469 | $169,100 | $1,008 |
| Weir | 855 | $58,828 | $78,300 | — |
| Carterville | 2,074 | $58,849 | $97,600 | $796 |
More for people moving to Waco
Waco ZIP code ›Weather and climate ›Living in Waco: FAQ
What is the median household income in Waco, MO?
The median household income in Waco is $59,250, 16% lower than the Missouri median of $70,702 (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 $116,500, compared with $230,300 in Missouri.
Is Waco, MO a good place to live?
Pluses: home values 49% lower than the state median. Minuses: median household income 16% lower than the Missouri median; an average commute of 26 minutes; unemployment of 25%; a poverty rate of 25.3%.
What is the median age in Waco?
The median age in Waco is 47 years (Missouri: 39).
How long is the commute in Waco?
The average commute to work in Waco is 26 minutes; 0% of workers work from home.
What is the unemployment rate in Waco?
The unemployment rate in Waco is 25% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waco?
6.2% 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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