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The total population of Waco is estimated to be 140,545 with 68,355 males (48.64%) and 72,190 females (51.36%). There are 3,835 more females than males in Waco.
The median household income in Waco was $46,141 in 2021, which marked an an increase of 420(0.92%) from $45,721 in 2020. This income is 61.85% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Waco sees its highest median household income among householders in the age group of 45 to 64 years old, at $70,930. Overall, the median household income for the city of Waco stands at $54,248.
In Waco, the median income for all workers aged 15 years and older, regardless of work hours, was $33,736 for males and $25,724 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $55,998 for males and $37,424 for females.
In Waco, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, White households have the highest median household income at $66,650, while Black or African American households represent the opposite end with the lowest median household income of $40,724.
In 2022, the population of Waco was 143,984, a 1.16% increase year-by-year from 2021. Previously, in 2021, Waco's population was 142,336, an increase of 1.28% compared to a population of 140,534 in 2020.
The median age in Waco, TX is 29.1, as per 2021 ACS 5-Year Estimates. Of the total population, 19.96% were under the age of 15, 31.34% aged 15 to 29, 36.17% aged 30 to 64, 10.67% aged 65 to 84, and 1.86% were 85 years of age and older.
Racial distribution of Waco population: 63.96% are White, 20.90% are Black or African American, 0.25% are American Indian and Alaska Native, 2.09% are Asian, 0.02% are Native Hawaiian and other Pacific Islander, 3.37% are some other race and 9.41% are multiracial.