76707 receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
76704
76707
Opportunity
39 · Bottom 20%
vs42 · Bottom 25%
Growth
67 · Top 19%
vs67 · Top 19%
Climate
67 · Bottom 40%
vs67 · Bottom 40%
Physical resilience
91 · Top 10%
vs91 · Top 10%
Housing affordability
48 · Bottom 11%
vs65 · Bottom 29%
Schools
19 · Bottom 10%
vs11 · Bottom 3%
Access
98 · Top 21%
vs99 · Top 15%
Economic stability
28 · Bottom 7%
vs30 · Bottom 8%
Measured values
| Metric | 76704 | 76707 | Source period |
|---|---|---|---|
| Population | 7,018 | 15,879 | 2024 ACS 5-Year |
| Median household income | $30,349 | $40,443 | 2024 ACS 5-Year |
| Per capita income | $17,540 | $20,060 | 2024 ACS 5-Year |
| Population density | 1,299/sq mi | 4,863/sq mi | 2024 ACS 5-Year |
| Median home value | $134,900 | $126,200 | 2024 ACS 5-Year |
| Median gross rent | $866 | $1,119 | 2024 ACS 5-Year |
| Homeownership rate | 31.6% | 58.9% | 2024 ACS 5-Year |
| Unemployment rate | 4.9% | 4.9% | June 2026 |
| Employment change (year over year) | 0.2% | 0.2% | June 2026 |
| Bachelor's degree or higher | 9.7% | 15.4% | 2024 ACS 5-Year |
| Poverty rate | 41.9% | 30.8% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 1,073 | 1,073 | 12 months ending July 2026 |
| Permits per 1,000 residents | 7.5 | 7.5 | 12 months ending July 2026 |
| Permit change (year over year) | -17.2% | -17.2% | 12 months ending July 2026 |
| Average July high | 97°F | 97°F | 1991-2020 Normals |
| Average January low | 36°F | 36°F | 1991-2020 Normals |
| Annual precipitation | 36.4" | 36.4" | 1991-2020 Normals |
| Distance to major airport | 5 mi | 8 mi | NASR current cycle |
| Average commute | 19.4 min | 18.7 min | 2024 ACS 5-Year |
| Median age | 27.0 | 30.5 | 2024 ACS 5-Year |
| Public schools | 9 | 3 | 2024-25 school year |
| Students per teacher | 12.49 | 15.81 | 2024-25 school year |
| Math proficiency | 16.9% | 15.2% | 2019-20 school year |
| Reading proficiency | 18.4% | 22.3% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 84.2% | 95.0% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Full profiles: 76704 — Waco, TX · 76707 — Waco, TX · How this is calculated: methodology