AreaProfile

76708Waco, Texas

Area Profile

Income, jobs, climate, physical risk and development data for ZIP code 76708.

75
Area Score
Top 10% of 3,833 published profiles

How we calculate this

How this area ranks
Opportunity2066th of 4,073 published ZIP areas54
GrowthTop 18% of 3,947 published ZIP areas68
Housing affordabilityTop 21% of 4,553 published ZIP areas92
Climate2776th of 4,621 published ZIP areas67
Physical resilienceTop 10% of 4,554 published ZIP areas91
AccessTop 25% of 4,623 published ZIP areas98
Economic stability2710th of 4,591 published ZIP areas55
The quick read

Residential permitting has slowed: 1,073 units authorized over the past twelve months, 17% below the prior year.

Natural-hazard exposure is lower than in most comparable published ZIP profiles, placing 76708 in the top 10% for physical resilience.

A major airport is 8 miles away, giving the area unusually direct access to the national air network.

At a glance

Population
27,790
2024 ACS 5-Year
Median household income
$68,856
Bottom 45% nationally
Density
578/sq mi
48.1 sq mi of land
Median age
35.5
2024 ACS 5-Year
City
Waco
Texas
Metro area
Waco, TX
Nearest major airport
CNW
8 mi · Tstc Waco
Median home value
$219,900
2024 ACS 5-Year

Jobs & opportunity

Unemployment of 4.9% is lower than 33% of the 4,387 measured US ZIP areas.

Employment grew 0.2% over the past year, to 68,564 employed residents.

MetricValueCompared with peersSource period
Median household income ±$5,675$68,856Bottom 45%2024 ACS 5-Year
Per capita income ±$1,995$32,588Bottom 36%2024 ACS 5-Year
Poverty rate14.1%Top 35%2024 ACS 5-Year
Average commute25.1 minBottom 36%2024 ACS 5-Year
Bachelor's degree or higher22.7%Bottom 48%2024 ACS 5-Year
Employment68,564Top 36%June 2026
Employment change (3 years)3.1%Top 14%June 2026
Employment change (year over year)0.2%Top 23%June 2026
Labor force72,064Top 36%June 2026
Labor force participation66.8%Top 25%2024 ACS 5-Year
Mean annual wage$58,190Bottom 13%2025 OEWS
Median annual wage$46,020Bottom 12%2025 OEWS
Unemployment change (year over year)0.6%Top 24%June 2026
Unemployment rate4.9%Top 33%June 2026
Median household income, successive ACS releases
202120222023202469k57k
Each point is a separate five-year estimate, most recently $68,856 in the 2024 ACS 5-Year. Consecutive releases share four years of sample, so AreaProfile shows them as a record of successive estimates and does not compute a year-over-year change from them.
Largest occupations — Waco, TX
OccupationPeople employedMedian annual wage
Fast Food and Counter Workers5,100$27,750
General and Operations Managers3,690$92,990
Stockers and Order Fillers3,540$37,500
Customer Service Representatives3,260$38,810
Retail Salespersons3,140$29,810
Registered Nurses2,570$92,890

Occupational employment and wages are published for metropolitan areas rather than for individual cities or ZIP areas, so these describe the wider labor market this location sits in. 2025 OEWS, U.S. Bureau of Labor Statistics.

The Bureau of Labor Statistics does not publish labor-force data for ZIP areas. This is the figure for Waco, TX, the city containing this ZIP code.

Housing & affordability

How it’s calculated →

Median rent of $1,177 takes 21% of median household income, below the 30% threshold at which a household is considered cost-burdened.

A median home costs 3.2 times median household income here, above the historic benchmark of about three times income.

Rent as a share of income
20.5%
Below the 30% cost-burdened threshold
Home price to income
3.2×
median home value ÷ median income
Median gross rent
$1,177
2024 ACS 5-Year
Median home value
$219,900
2024 ACS 5-Year
MetricValueCompared with peersSource period
Home price to income3.19Top 47%2024 ACS 5-Year
Homeownership rate69.9%Bottom 29%2024 ACS 5-Year
Housing units ±53611,183Top 14%2024 ACS 5-Year
Median gross rent ±$96$1,177Top 37%2024 ACS 5-Year
Median home value ±$15,428$219,900Top 50%2024 ACS 5-Year
Rent as a share of income20.5%Top 32%2024 ACS 5-Year
Vacancy rate8.2%Bottom 39%2024 ACS 5-Year

Both affordability measures come from the same ACS release as the income they are compared with, so the comparison is like for like. They describe housing cost against local earnings and are not a cost-of-living index — transport, groceries, healthcare, insurance and taxes are not included, and a place can look affordable here and still be expensive to live in for reasons this does not capture.

Growth & development

How it’s calculated →
Development Momentum
68/ 100
Top 18% of 3,947 published city profiles

An AreaProfile calculation combining permit volume per resident, its direction over one and three years, population change and employment growth. Permit volume alone is not the measure.

At 7.5 permitted units per 1,000 residents, building activity is above the median for measured US ZIP areas.

Units permitted
1,073
12 months ending July 2026
Per 1,000 residents
7.5
Top 18% nationally
Year over year
−17%
vs the prior twelve months
Multifamily share
43.6%
units in 5+ unit buildings

The Building Permits Survey is not published for ZIP areas. This is the figure for Waco, TX, the city containing this ZIP code.

Weather & climate

6 of the twelve months have a normal average temperature between 55°F and 80°F. July averages a high of 97°F and January a low of 36°F.

Normal annual precipitation is 36.4 inches.

20°40°60°80°100°JFMAMJJASOND
Solid line: normal daily high. Dashed line: normal daily low. 1991-2020 normals from NOAA station WACO RGNL AP, 0.9 miles from this location.
Precipitation
JFMAMJJASOND4.4"
Normal monthly precipitation, in inches.
MetricValueSource period
Annual precipitation36.4"1991-2020 Normals
Annual snowfall0.7"1991-2020 Normals
Average January low36°F1991-2020 Normals
Average July high97°F1991-2020 Normals
Comfortable months61991-2020 Normals
Seasonal temperature swing38°F1991-2020 Normals

Climate figures are thirty-year normals, not current conditions. They describe what a typical year looks like rather than what the weather is doing today.

Physical risk

91 / 100
Physical resilience

The hazards accounting for most of this area's expected annual loss are hurricane, wildfire and winter weather.

WildfireModerate
HurricaneModerate
Winter weatherModerate

Low or minimal exposure: tornado, lightning, cold wave, heat wave, hail, inland flooding, ice storm, strong wind, earthquake, drought, landslide.

Hazard ratings are AreaProfile calculations derived from the FEMA National Risk Index v1.20.0 (December 2025). FEMA publishes at county level. ZIP values are the land-area-weighted mean of the counties the ZIP Code Tabulation Area intersects. Expected annual loss is not allocated below county level. FEMA does not endorse this presentation. Higher physical resilience means lower exposure.

Taxes

AreaProfile does not yet publish tax comparisons. No tax dataset has met the source admission test for coverage, methodology transparency and update cadence, and the product rule is to omit a dimension rather than estimate it. The Area Score is calculated without a tax component and the weighting is documented on the methodology page.

Nothing on AreaProfile is individualized tax advice.

Access

4 major airports lie within 100 miles, the nearest 8 miles away.

AirportCodeDistanceLongest runway
Tstc WacoCNW8 mi8,600 ft
Dallas Love FldDAL87 mi8,800 ft
Dallas-Fort Worth IntlDFW88 mi13,401 ft

Airport identity, position and runway data come from the FAA. “Major airport” is an AreaProfile classification — a public-use civil airport with a paved runway of at least 8,000 feet — not an FAA hub designation. Distances are straight-line, not driving distance.

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Area Score
75
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Data & methodology

Used forSourceSource periodUpdated
AccessFederal Aviation Administration
Airports (NASR) — Aeronautical Data Delivery Service
NASR current cycle28-day NASR cycle
Physical riskFederal Emergency Management Agency
National Risk Index
National Risk Index December 2025 (v1.20.0)Periodic dataset versions (v1.20.0 current)
ClimateNOAA National Centers for Environmental Information
U.S. Climate Normals 1991–2020 (Monthly)
1991-2020 NormalsEvery ten years (next release follows the 2001–2030 period)
JobsU.S. Bureau of Labor Statistics
Local Area Unemployment Statistics
June 2026Monthly
JobsU.S. Bureau of Labor Statistics
Occupational Employment and Wage Statistics
2025 OEWSAnnual (spring release)
DemographicsU.S. Census Bureau
Population Estimates Program
July 1, 2024 estimateAnnual (vintage released each spring)
DevelopmentU.S. Census Bureau
Building Permits Survey
12 months ending July 2026Monthly, roughly three weeks after the reference month
Demographics, Housing, Income, JobsU.S. Census Bureau
American Community Survey 5-Year Estimates (Table-Based Summary File)
2024 ACS 5-YearAnnual (5-year estimates released each December)

Profile recalculated August 29, 2026. Recalculation is not the same as new source data — each figure above shows the period its source actually covers. Read the full methodology or browse every source.

76708 vs Waco

How this ZIP area compares with Waco as a whole. Both figures come from the same ACS release, so the comparison is like for like.

76708
Waco
Median household income
$68,856
vs
$54,365
Per capita income
$32,588
vs
$30,942
Population density
578/sq mi
vs
1,578/sq mi
Median home value
$219,900
vs
$221,700
Median gross rent
$1,177
vs
$1,165
Homeownership rate
69.9%
vs
49.4%
Bachelor's degree or higher
22.7%
vs
28.7%
Poverty rate
14.1%
vs
23.1%
Median age
35.5
vs
29.7

Some demographic statistics use Census ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP delivery geography. See the methodology for how AreaProfile maps between them.