Waco, TX Housing
As of 2010-2014, median price of a house in Waco is $92,500, which is lower than the state average of $131,400 and is much lower than the national average of $175,700. The Waco median house value has grown by 73.55% since 2000. The growth rate for the price of a house in Waco is higher than the state average rate of 59.27% and is higher than the national average rate of 46.91%. The median year that a house in Waco was built is 1973, which is older than the median year for a house built in the state which is 1984 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 21,165 Owner Occupied Houses in Waco, TX, #633Waco, TX | 92,500 USD |
Texas | 131,400 USD |
U.S. | 175,700 USD |
Waco, TX | 73.55% |
Texas | 59.27% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Waco, TX | Texas | U.S. | |
Total Housing Units | 51,891, see rank, 100% | 10,187,189 | 132,741,033 |
Occupied Housing Units | 45,874, 88.40%, see rank | 88.48% | 87.55% |
Owner Occupied | 21,165, 40.79%, see rank | 55.49% | 56.34% |
Renter Occupied | 24,709, 47.62%, see rank | 32.99% | 31.21% |
Vacant Housing Units | 6,017, 11.60%, see rank | 11.52% | 12.45% |
For Rent | 2,073, 3.99%, see rank | 3.13% | 2.34% |
For Sale Only | 348, 0.67%, see rank | 1.05% | 1.20% |
Rented or Sold, Not Occupied | 683, 1.32%, see rank | 0.97% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 241, 0.46%, see rank | 2.37% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.02% | 0.03% |
Other Vacant | 2,672, 5.15%, see rank | 3.97% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #1064Waco, TX | Texas | U.S. |
1973 | 1984 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Waco, TX | % | Texas | U.S. | |
Owner-Occupied Units | 21,165 | 100% | 5,652,542 | 74,787,460 |
With a Mortgage | 11,983 | 56.62%, see rank | 60.56% | 65.58% |
Without a Mortgage | 9,182 | 43.38%, see rank | 39.44% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Waco, TX | 1,165 USD |
Texas | 1,443 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Waco, TX | % | Texas | U.S. |
$299 or Less | 17 | 0.14%, see rank | 0.15% | 0.20% |
$300 to $499 | 157 | 1.31%, see rank | 1.18% | 1.59% |
$500 to $699 | 1,239 | 10.34%, see rank | 4.49% | 5.01% |
$700 to $999 | 2,876 | 24.00%, see rank | 14.70% | 14.32% |
$1,000 to $1,499 | 4,328 | 36.12%, see rank | 33.20% | 27.90% |
$1,500 to $1,999 | 1,847 | 15.41%, see rank | 22.54% | 20.35% |
$2,000 to $2,999 | 990 | 8.26%, see rank | 16.45% | 19.52% |
$3,000 or More | 529 | 4.41%, see rank | 7.30% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Waco, TX | 23.60% of the Total Income |
Texas | 22.20% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Waco, TX | % | Texas | U.S. | |
10% or Less | 649 | 5.42%, see rank | 6.26% | 5.86% |
10% to 20% | 3,986 | 33.26%, see rank | 36.09% | 31.95% |
20% to 30% | 3,268 | 27.27%, see rank | 27.65% | 27.64% |
30% to 40% | 1,588 | 13.25%, see rank | 12.28% | 13.74% |
40% or More | 2,424 | 20.23%, see rank | 17.16% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Waco, TX | 426 USD |
Texas | 459 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Waco, TX | % | Texas | U.S. |
$199 or Less | 831 | 9.05%, see rank | 7.97% | 7.76% |
$200 to $299 | 1,468 | 15.99%, see rank | 14.81% | 14.70% |
$300 to $499 | 3,568 | 38.86%, see rank | 33.97% | 34.63% |
$500 to $699 | 1,953 | 21.27%, see rank | 22.08% | 21.16% |
$700 or More | 1,362 | 14.83%, see rank | 21.17% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Waco, TX | 13.30% of the Total Income |
Texas | 11.90% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Waco, TX | % | Texas | U.S. | |
10% or Less | 3,121 | 33.99%, see rank | 41.43% | 40.19% |
10% to 20% | 3,361 | 36.60%, see rank | 32.37% | 31.47% |
20% to 30% | 1,353 | 14.74%, see rank | 11.78% | 12.24% |
30% to 40% | 578 | 6.29%, see rank | 5.09% | 5.64% |
40% or More | 648 | 7.06%, see rank | 8.03% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Waco, TX | Texas | U.S. | |
Total Housing Units | 51,891, 100% | 10,187,189 | 132,741,033 |
1-unit, Detached | 30,651, 59.07%, see rank | 65.34% | 61.65% |
1-unit, Attached | 1,526, 2.94%, see rank | 2.68% | 5.82% |
2 Units | 3,093, 5.96%, see rank | 1.94% | 3.75% |
3 or 4 Units | 2,975, 5.73%, see rank | 3.20% | 4.43% |
5 to 9 Units | 3,996, 7.70%, see rank | 4.85% | 4.78% |
10 or More Units | 9,049, 17.44%, see rank | 14.35% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 601, 1.16%, see rank | 7.63% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Waco, TX | Texas | U.S. | |
Total Housing Units | 51,891, 100% | 10,187,189 | 132,741,033 |
1 Room | 599, 1.15%, see rank | 1.69% | 1.95% |
2 Rooms | 1,644, 3.17%, see rank | 2.86% | 2.48% |
3 Rooms | 6,530, 12.58%, see rank | 10.61% | 9.13% |
4 Rooms | 10,873, 20.95%, see rank | 16.68% | 16.60% |
5 Rooms | 12,493, 24.08%, see rank | 21.74% | 20.41% |
6 Rooms | 10,555, 20.34%, see rank | 18.39% | 18.06% |
7 Rooms | 4,959, 9.56%, see rank | 11.53% | 12.27% |
8 Rooms | 2,323, 4.48%, see rank | 7.50% | 8.48% |
9 Rooms or More | 1,915, 3.69%, see rank | 8.98% | 10.60% |
Median Rooms | 5.00, see rank | 5.30 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Waco, TX | Texas | U.S. | |
Total Housing Units | 51,891, 100% | 10,187,189 | 132,741,033 |
No Bedroom | 698, 1.35%, see rank | 1.85% | 2.17% |
1 Bedroom | 8,090, 15.59%, see rank | 12.69% | 11.16% |
2 Bedrooms | 16,951, 32.67%, see rank | 23.33% | 26.69% |
3 Bedrooms | 20,302, 39.12%, see rank | 41.71% | 39.70% |
4 Bedrooms | 5,149, 9.92%, see rank | 17.12% | 16.05% |
5 or More Bedrooms | 701, 1.35%, see rank | 3.30% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Waco, TX | Texas | U.S. | |
Total Housing Units | 45,874, 100% | 9,013,582 | 116,211,092 |
Utility Gas | 17,386, 37.90%, see rank | 37.22% | 48.85% |
Bottled, Tank, or LP Gas | 553, 1.21%, see rank | 3.42% | 4.86% |
Electricity | 27,660, 60.30%, see rank | 58.19% | 36.68% |
Fuel Oil, Kerosene, etc. | 14, 0.03%, see rank | 0.12% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.01% | 0.12% |
Wood | 0, 0.00%, see rank | 0.43% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.01% | 0.05% |
Other Fuel | 38, 0.08%, see rank | 0.16% | 0.47% |
No Fuel Used | 223, 0.49%, see rank | 0.44% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Waco, TX | Texas | U.S. |
Occupied Units Paying Rent | 23,750, 100% | 3,174,412 | 39,201,928 |
$199 or Less | 635, 2.67%, see rank | 1.28% | 1.50% |
$200 to $299 | 772, 3.25%, see rank | 2.20% | 3.18% |
$300 to $499 | 2,511, 10.57%, see rank | 6.35% | 7.37% |
$500 to $699 | 6,246, 26.30%, see rank | 19.10% | 16.01% |
$700 to $999 | 8,298, 34.94%, see rank | 35.25% | 29.17% |
$1,000 to $1,499 | 4,300, 18.11%, see rank | 26.13% | 26.88% |
$1,500 to $1,999 | 506, 2.13%, see rank | 6.97% | 9.79% |
$2,000 or More | 482, 2.03%, see rank | 2.73% | 6.10% |
Median | $747, see rank | $870 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Waco, TX | Texas | U.S. | |
Occupied Housing Units | 45,874, 100% | 9,013,582 | 116,211,092 |
No Vehicles Available | 4,588, 10.00%, see rank | 5.88% | 9.12% |
1 Vehicles Available | 19,384, 42.25%, see rank | 34.31% | 33.80% |
2 Vehicles Available | 15,825, 34.50%, see rank | 40.44% | 37.48% |
3 or More Vehicles Available | 6,077, 13.25%, see rank | 19.37% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.