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Waco, TX Housing

 
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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.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 21,165 Owner Occupied Houses in Waco, TX, #633
Waco, TX
92,500 USD
Texas
131,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #374
Waco, TX
73.55%
Texas
59.27%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Waco, TXTexasU.S.
Total Housing Units51,891, see rank, 100%10,187,189132,741,033
Occupied Housing Units45,874, 88.40%, see rank88.48%87.55%
Owner Occupied21,165, 40.79%, see rank55.49%56.34%
Renter Occupied24,709, 47.62%, see rank32.99%31.21%
Vacant Housing Units6,017, 11.60%, see rank11.52%12.45%
For Rent2,073, 3.99%, see rank3.13%2.34%
For Sale Only348, 0.67%, see rank1.05%1.20%
Rented or Sold, Not Occupied683, 1.32%, see rank0.97%0.92%
For Seasonal, Recreational, or Occasional Use241, 0.46%, see rank2.37%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant2,672, 5.15%, see rank3.97%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #1064
Waco, TXTexasU.S.
197319841976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Waco, TX%TexasU.S.
Owner-Occupied Units21,165100%5,652,54274,787,460
With a Mortgage11,98356.62%, see rank60.56%65.58%
Without a Mortgage9,18243.38%, see rank39.44%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 CostsWaco, TX%TexasU.S.
$299 or Less170.14%, see rank0.15%0.20%
$300 to $4991571.31%, see rank1.18%1.59%
$500 to $6991,23910.34%, see rank4.49%5.01%
$700 to $9992,87624.00%, see rank14.70%14.32%
$1,000 to $1,4994,32836.12%, see rank33.20%27.90%
$1,500 to $1,9991,84715.41%, see rank22.54%20.35%
$2,000 to $2,9999908.26%, see rank16.45%19.52%
$3,000 or More5294.41%, see rank7.30%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%TexasU.S.
10% or Less6495.42%, see rank6.26%5.86%
10% to 20%3,98633.26%, see rank36.09%31.95%
20% to 30%3,26827.27%, see rank27.65%27.64%
30% to 40%1,58813.25%, see rank12.28%13.74%
40% or More2,42420.23%, see rank17.16%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 CostsWaco, TX%TexasU.S.
$199 or Less8319.05%, see rank7.97%7.76%
$200 to $2991,46815.99%, see rank14.81%14.70%
$300 to $4993,56838.86%, see rank33.97%34.63%
$500 to $6991,95321.27%, see rank22.08%21.16%
$700 or More1,36214.83%, see rank21.17%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%TexasU.S.
10% or Less3,12133.99%, see rank41.43%40.19%
10% to 20%3,36136.60%, see rank32.37%31.47%
20% to 30%1,35314.74%, see rank11.78%12.24%
30% to 40%5786.29%, see rank5.09%5.64%
40% or More6487.06%, see rank8.03%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Waco, TXTexasU.S.
Total Housing Units51,891, 100%10,187,189132,741,033
1-unit, Detached30,651, 59.07%, see rank65.34%61.65%
1-unit, Attached1,526, 2.94%, see rank2.68%5.82%
2 Units3,093, 5.96%, see rank1.94%3.75%
3 or 4 Units2,975, 5.73%, see rank3.20%4.43%
5 to 9 Units3,996, 7.70%, see rank4.85%4.78%
10 or More Units9,049, 17.44%, see rank14.35%13.08%
Mobile Home, Boat, RV, Van, etc.601, 1.16%, see rank7.63%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Waco, TXTexasU.S.
Total Housing Units51,891, 100%10,187,189132,741,033
1 Room599, 1.15%, see rank1.69%1.95%
2 Rooms1,644, 3.17%, see rank2.86%2.48%
3 Rooms6,530, 12.58%, see rank10.61%9.13%
4 Rooms10,873, 20.95%, see rank16.68%16.60%
5 Rooms12,493, 24.08%, see rank21.74%20.41%
6 Rooms10,555, 20.34%, see rank18.39%18.06%
7 Rooms4,959, 9.56%, see rank11.53%12.27%
8 Rooms2,323, 4.48%, see rank7.50%8.48%
9 Rooms or More1,915, 3.69%, see rank8.98%10.60%
Median Rooms5.00, see rank5.305.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Waco, TXTexasU.S.
Total Housing Units51,891, 100%10,187,189132,741,033
No Bedroom698, 1.35%, see rank1.85%2.17%
1 Bedroom8,090, 15.59%, see rank12.69%11.16%
2 Bedrooms16,951, 32.67%, see rank23.33%26.69%
3 Bedrooms20,302, 39.12%, see rank41.71%39.70%
4 Bedrooms5,149, 9.92%, see rank17.12%16.05%
5 or More Bedrooms701, 1.35%, see rank3.30%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Waco, TXTexasU.S.
Total Housing Units45,874, 100%9,013,582116,211,092
Utility Gas17,386, 37.90%, see rank37.22%48.85%
Bottled, Tank, or LP Gas553, 1.21%, see rank3.42%4.86%
Electricity27,660, 60.30%, see rank58.19%36.68%
Fuel Oil, Kerosene, etc.14, 0.03%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood0, 0.00%, see rank0.43%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel38, 0.08%, see rank0.16%0.47%
No Fuel Used223, 0.49%, see rank0.44%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalWaco, TXTexasU.S.
Occupied Units Paying Rent23,750, 100%3,174,41239,201,928
$199 or Less635, 2.67%, see rank1.28%1.50%
$200 to $299772, 3.25%, see rank2.20%3.18%
$300 to $4992,511, 10.57%, see rank6.35%7.37%
$500 to $6996,246, 26.30%, see rank19.10%16.01%
$700 to $9998,298, 34.94%, see rank35.25%29.17%
$1,000 to $1,4994,300, 18.11%, see rank26.13%26.88%
$1,500 to $1,999506, 2.13%, see rank6.97%9.79%
$2,000 or More482, 2.03%, see rank2.73%6.10%
Median$747, see rank$870$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Waco, TXTexasU.S.
Occupied Housing Units45,874, 100%9,013,582116,211,092
No Vehicles Available4,588, 10.00%, see rank5.88%9.12%
1 Vehicles Available19,384, 42.25%, see rank34.31%33.80%
2 Vehicles Available15,825, 34.50%, see rank40.44%37.48%
3 or More Vehicles Available6,077, 13.25%, see rank19.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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