Living in Waco, Nebraska

Cost of living, income, home prices, rent and demographics of Waco · Census data 2020–2024

Waco has 178 residents with a median age of 59.5. The median household income is $76,250 (about the same as the Nebraska median), the median home value is $138,800.

Waco is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Waco at a glance

Population
178
Median age
59.5State: 37.2
Median household income
$76,250State: $76,475
Median home value
$138,800State: $238,600
Homeowners
99%
Bachelor's degree or higher
29.9%
Average commute
21 min

Is Waco a good place to live?

Pros: Home values 42% lower than the state median; a poverty rate of 2.4%.

Cons: Median household income about the same as the Nebraska median; an average commute of 21 minutes.

The weather is best in May–June and August–September.

Cost of living in Waco

Housing is the biggest part of the cost of living. In Waco the median home value is $138,800, 58% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,219 a month in housing costs.

Median home value

Waco$138,800
Nebraska$238,600
United States$332,700

Median monthly rent

Nebraska$1,072
United States$1,413

Waco median household income

The median household income in Waco is $76,250 and the income per person is $49,890. 2.4% of residents live below the poverty line (Nebraska: 10.6%).

Median household income

Waco$76,250
Nebraska$76,475
United States$80,734

Housing in Waco: homes for sale and rent

Housing units
101
Owner-occupied
99%
Renter-occupied
1%
Vacant
5%Includes seasonal homes
Median year built
1968
Average household size
1.76

Waco demographics

Population
178
Median age
59.5
Under 18
13.5%
65 and older
38.2%
Households
96
Foreign-born
1.1%
Veterans
11.7%Adults 18+

Race and ethnicity

White90.4%
Hispanic or Latino7.3%
Black0%
Asian0.6%

Hispanic or Latino can be of any race. Population history of Waco ›

Education in Waco

29.9% of adults 25 and older in Waco have a bachelor's degree or higher (Nebraska: 34.6%), and 18.8% have a graduate or professional degree.

Bachelor's degree or higher

Waco29.9%
Nebraska34.6%
United States35.7%

Jobs and commute in Waco

Unemployment rate
0%State: 3%
Average commute
21 minState: 19 min
Work from home
2.5%
Drive alone
75.3%
Public transit
0%
Walk to work
7.4%
Homes with broadband
81.3%

Waco vs nearby towns

TownPopulationMedian incomeHome valueRent
Waco178$76,250$138,800—
Utica1,015$88,304$188,700$967
York8,141$63,265$180,900$862
Gresham249$45,938$71,100$725
Benedict280$57,500$96,300$725
Beaver Crossing357$62,813$142,600$938
McCool Junction718$118,438$149,500$910
Goehner309$96,767$158,100—
Cordova131$49,250$78,700—

More for people moving to Waco

Waco ZIP code ›Weather and climate ›

Living in Waco: FAQ

What is the median household income in Waco, NE?

The median household income in Waco is $76,250, about the same as the Nebraska median of $76,475 (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 $138,800, compared with $238,600 in Nebraska.

Is Waco, NE a good place to live?

Pluses: home values 42% lower than the state median; a poverty rate of 2.4%. Minuses: median household income about the same as the Nebraska median; an average commute of 21 minutes.

What is the median age in Waco?

The median age in Waco is 59.5 years (Nebraska: 37.2).

How long is the commute in Waco?

The average commute to work in Waco is 21 minutes; 2.5% of workers work from home.

What is the unemployment rate in Waco?

The unemployment rate in Waco is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Waco?

29.9% 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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