Department of Numbers

Waco Texas Household Income

The Census ACS 1-year survey reports that the median household income for the Waco Texas metro area was $47,328 in 2018, the latest figures available. Waco median household income is $13,301 lower than the median Texas household income and $14,609 less than the US median household income. 2019 metro income data (including Waco median household income) will be released in September of 2020. Median family and per capita income for Waco are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Waco Texas

2018 1 Year Change 3 Year Change
US $61,937 +0.21% +4.77%
Texas $60,629 -0.03% +2.79%
Waco $47,328 +0.52% -3.57%

Trends in Waco, TX Real Median Household Income since 2005

The current median household income for Waco is $47,328. Real median household income peaked in 2007 at $49,182 and is now $1,854 (3.77%) lower. From a post peak low of $43,372 in 2013, real median household income for Waco has now grown by $3,956 (9.12%).

Real Median Household Income: Waco, Texas, National

Historical Inflation Adjusted Median Household Income for Waco

Date US Texas Waco
2018 $61,937 $60,629 $47,328
2017 $61,807 $60,649 $47,081
2016 $60,291 $59,190 $48,752
2015 $59,116 $58,986 $49,081
2014 $56,969 $56,309 $45,850
2013 $56,415 $55,825 $43,372
2012 $56,288 $55,596 $44,550
2011 $56,507 $55,265 $45,298
2010 $57,762 $56,110 $45,178
2009 $58,921 $56,619 $45,565
2008 $60,829 $58,507 $46,415
2007 $61,601 $57,725 $49,182

Waco Family Income

The ACS 1-year data shows the median family income for Waco was $58,400 in 2018. Compared to the median Texas family income, Waco median family income is $13,468 lower. As with the median household income data, 2019 family income data for Waco will be released in September of 2020.

Show dollars as: Nominal Real

Real Median Family Income for Waco Texas

2018 1 Year Change 3 Year Change
US $76,401 +0.94% +5.60%
Texas $71,868 +0.03% +3.81%
Waco $58,400 -6.92% -1.80%

Trends in Waco, TX Real Median Family Income since 2005

The current median family income for Waco is $58,400. Real median family income peaked in 2016 at $63,024 and is now $4,624 (7.34%) lower.

Real Median Family Income: Waco, Texas, National

Historical Inflation Adjusted Median Family Income for Waco

Date US Texas Waco
2018 $76,401 $71,868 $58,400
2017 $75,692 $71,846 $62,744
2016 $74,360 $70,136 $63,024
2015 $72,348 $69,228 $59,470
2014 $69,978 $66,708 $59,196
2013 $69,134 $66,087 $53,532
2012 $68,512 $65,485 $57,746
2011 $68,763 $64,915 $55,652
2010 $69,953 $65,297 $54,319
2009 $71,663 $66,413 $60,445
2008 $74,083 $68,704 $61,926
2007 $74,267 $67,673 $60,359

Waco Per Capita Income

The ACS 1-year survey shows the per capita income for Waco was $23,849 in 2018. Compared to the median Texas per capita income, Waco median per capita income is $6,792 lower. As with the median household and median family income numbers above, 2019 per capita income data for Waco will be released in September of 2020.

Show dollars as: Nominal Real

Real Per Capita Income for Waco Texas

2018 1 Year Change 3 Year Change
US $33,831 +1.94% +6.47%
Texas $30,641 +1.31% +2.48%
Waco $23,849 -6.32% -1.54%

Trends in Waco, TX Real Per Capita Income since 2005

The current per capita income for Waco is $23,849. Real per capita income peaked in 2016 at $25,630 and is now $1,781 (6.95%) lower.

Real Per Capita Income: Waco, Texas, National

Historical Real Per Capita Income for Waco

Date US Texas Waco
2018 $33,831 $30,641 $23,849
2017 $33,187 $30,245 $25,457
2016 $32,573 $30,047 $25,630
2015 $31,775 $29,900 $24,221
2014 $30,672 $28,799 $22,723
2013 $30,431 $28,425 $23,577
2012 $29,934 $27,786 $22,448
2011 $29,884 $27,617 $23,845
2010 $30,077 $27,542 $22,422
2009 $30,984 $28,248 $23,239
2008 $32,255 $29,341 $24,526
2007 $32,400 $29,062 $24,667