Living in Waco, North Carolina
Cost of living, income, home prices, rent and demographics of Waco · Census data 2020–2024
Waco has 171 residents with a median age of 58.8. The median home value is $92,500.
Waco is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Waco at a glance
- Population
- 171
- Median age
- 58.8State: 39.1
- Median home value
- $92,500State: $288,900
- Homeowners
- 85.5%
- Bachelor's degree or higher
- 12.3%
- Average commute
- 44 min
Is Waco a good place to live?
Pros: Home values 68% lower than the state median; unemployment of 4.2%; a poverty rate of 2.9%.
Cons: An average commute of 44 minutes.
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 $92,500, 72% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $858 a month in housing costs.
Housing in Waco: homes for sale and rent
- Housing units
- 114
- Owner-occupied
- 85.5%
- Renter-occupied
- 14.5%
- Vacant
- 33.3%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.25
33.3% of homes are vacant most of the year, a sign that Waco has many vacation and second homes.
Waco demographics
- Population
- 171
- Median age
- 58.8
- Under 18
- 9.4%
- 65 and older
- 42.7%
- Households
- 76
- Foreign-born
- 0.6%
- Veterans
- 15.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Waco ›
Education in Waco
12.3% of adults 25 and older in Waco have a bachelor's degree or higher (North Carolina: 35.7%), and 9.7% have a graduate or professional degree.
Jobs and commute in Waco
- Unemployment rate
- 4.2%State: 4.7%
- Average commute
- 44 minState: 25 min
- Work from home
- 30.4%
- Drive alone
- 69.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 76.3%
Waco vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waco | 171 | — | $92,500 | — |
| Cherryville | 6,226 | $70,625 | $232,100 | $1,059 |
| Light Oak | 277 | $63,333 | $89,200 | — |
| Fallston | 616 | $56,250 | $88,600 | $715 |
| Shelby | 22,100 | $48,376 | $197,200 | $945 |
| Lawndale | 739 | $39,250 | $116,800 | $880 |
| Bessemer City | 5,580 | $60,300 | $206,100 | $1,053 |
| Kings Mountain | 12,039 | $49,564 | $204,100 | $959 |
| Belwood | 893 | $51,299 | $214,500 | $860 |
More for people moving to Waco
Waco ZIP code ›Weather and climate ›Living in Waco: FAQ
What is the average home price in Waco?
The median home value in Waco is $92,500, compared with $288,900 in North Carolina.
Is Waco, NC a good place to live?
Pluses: home values 68% lower than the state median; unemployment of 4.2%; a poverty rate of 2.9%. Minuses: an average commute of 44 minutes.
What is the median age in Waco?
The median age in Waco is 58.8 years (North Carolina: 39.1).
How long is the commute in Waco?
The average commute to work in Waco is 44 minutes; 30.4% of workers work from home.
What is the unemployment rate in Waco?
The unemployment rate in Waco is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waco?
12.3% 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.
Last updated: