Central Texas · Relocation Guide

Living in Waco, Texas

The numbers, the neighborhoods and the good stuff, from a local REALTOR

Why Waco

Big-city reach, small-town pace.

Waco sits on the Brazos River in the middle of the I-35 corridor, about an hour and a half from both Dallas and Austin. People move here for room to breathe: homes cost less than in the big metros, Texas has no state income tax, and the city has a university-town energy thanks to Baylor, McLennan Community College and TSTC.

It is also a fun place to live. There’s a 416-acre city park with river cliffs and trails, a nationally known zoo, a national monument built around a mammoth herd, Saturday mornings at the farmers market and fall Saturdays at McLane Stadium. And the Silos keep downtown busy.

I’m Loni Jones, a REALTOR with Niche Real Estate, licensed since 2008. I help buyers across Central Texas find the right fit, from a home in Woodway or Hewitt to acreage outside China Spring or Gatesville. I put this guide together with sources for every number, so you can share it with the people you’re moving with.

Waco at a Glance

The quick numbers.

147,788Waco populationCensus estimate, July 1, 2025 · source
308,807Waco metro population2025 estimate; McLennan, Bosque & Falls counties · source
272,020McLennan County populationCensus estimate, July 1, 2025 · source
$221,700Median home value, WacoOwner-occupied, ACS 2020–2024 (county: $243,600) · source
$1,165Median gross rent, WacoACS 2020–2024 · source
$0State income taxTexas has no personal income tax · source
96.7°FJuly average highNWS 1991–2020 normals; Jan. high 59.1°F · source
~1.5 hrsTo Dallas or AustinWithin 90 miles on I-35 (Houston & San Antonio ~3 hrs) · source
19,858Baylor studentsFall 2025 enrollment · source

Home values are Census survey figures for owner-occupied homes, not today’s asking prices. For current prices in a specific neighborhood, ask Loni for recent sales.

Cost of Living & Taxes

No state income tax. Local property tax.

  • How Texas taxes workTexas has no state personal income tax, and the state doesn’t collect property tax. Property tax is set locally by the county, city, school district and other districts, then applied to the appraised value. Source: Texas Comptroller
  • What it adds up to in WacoFor a home inside the City of Waco and Waco ISD, the 2025 county, college, city and school rates add up to about $2.25 per $100 of taxable value before exemptions. That’s our sum of the published rates, not an official combined figure, and some addresses carry other districts too. Source: McLennan County 2025 tax rates (PDF)
  • Homestead exemptionsIf it’s your primary home, file a homestead exemption. School districts exempt $140,000 of value ($200,000 if you’re 65 or older). McLennan County and MCC exempt 20% (minimum $5,000), and the City of Waco exempts 15% (minimum $5,000) plus $50,000 for 65 and older. Source: McLennan County 2025 tax rates (PDF); values & filing: McLennan Central Appraisal District
  • Sales taxThe combined sales tax rate in Waco is 8.25%. Source: Waco Economic Development
  • Income & housingMedian household income is $54,365 in Waco and $66,643 countywide. About 49% of Waco homes and 62% of county homes are owner-occupied (ACS 2020–2024). Source: Census QuickFacts
Climate, Getting Around & Utilities

The day-to-day.

Jobs, Schools & Healthcare

Where Waco works and learns.

  • Higher educationBaylor University enrolled 19,858 students in fall 2025. McLennan Community College is the public two-year college, and its University Center hosts programs from Texas Tech and Tarleton State. Texas State Technical College has been training technical workers in Waco since 1965. Sources: Baylor IR; Greater Waco Chamber
  • Public schoolsMcLennan County has 20 school districts. Waco ISD is the largest. Midway, China Spring, Robinson, Lorena, McGregor, Connally, La Vega and West ISD serve the surrounding communities. District lines don’t follow city limits, so confirm the district for any address you’re considering. Source: Greater Waco Chamber
  • HealthcareThe area has two major hospitals, Ascension Providence and Baylor Scott & White – Hillcrest. Veterans are served by the Doris Miller VA Medical Center.
  • IndustryBesides education and healthcare, employers include manufacturing and food production (Sanderson Farms, Mars Wrigley, AbbVie), aerospace and defense (L3Harris, and SpaceX in McGregor) and Magnolia.
Things to Do

Weekends in Waco.

A starter list. For events and more ideas, see the Greater Waco Chamber’s attractions page and Destination Waco.

Every Saturday

Waco Downtown Farmers Market

A Waco tradition since 2011, with farmers, ranchers, bakers and makers who grow or make their goods within 150 miles. The market is now on Bridge Street Plaza in East Waco, just across the Brazos from downtown.

Visit the market’s site
WhenSaturdays, year-round, 9am–1pm
Summer9am–noon in July & August
Where200 E. Bridge St., Waco
Museums & History

Texas history, close up

  • Texas Ranger Hall of Fame & MuseumThe official museum of the legendary Texas Rangers, on the Brazos at 100 Texas Ranger Trail, just off I-35.
    Official site
  • Waco Mammoth National MonumentA National Park Service site protecting the nation’s only recorded discovery of a nursery herd of Columbian mammoths. Part of the park system since 2015.
    Official site
  • Mayborn Museum ComplexBaylor’s natural science and cultural history museum, known for its walk-in dioramas and hands-on discovery rooms.
    Official site
  • Dr Pepper MuseumDowntown at 300 S. 5th St., telling the story of the soft drink created in Waco. Open daily, 10am–5:30pm.
    Official site
  • Texas Sports Hall of FameHonoring the state’s athletes and teams, and home to the Texas Tennis Museum.
    Official site
  • Waco Hippodrome TheatreA downtown theater dating to 1914, listed on the National Register in 1983 and renovated in 2018; films, live shows and dining.
    Official site
Parks & Outdoors

Rivers, trails & the zoo

  • Cameron Park ZooA 52-acre natural-habitat zoo with more than 300 species, including its well-known orangutans.
    Official site
  • Cameron Park416 acres where the Brazos and Bosque rivers meet: a National Recreation Trail system, cliffs, river views and a 23-hole disc golf course. Open 6am–midnight.
    Official site
  • Waco Suspension Bridge & RiverwalkCompleted in 1870 as a Chisholm Trail crossing. The pedestrian bridge connects to about seven miles of lighted Riverwalk between Baylor and Cameron Park.
    Official site
  • Lake WacoA U.S. Army Corps of Engineers lake on the city’s west side for boating, fishing, camping and trails.
    Corps of Engineers site
  • Brazos River paddlingThe city maintains paddling trails and river access on the Brazos, including Brazos Park East.
    City river activities
  • Waco SurfA surf wave pool on Old Mexia Road. Check the site for the current season’s hours and which attractions are open.
    Official site
Baylor & Game Day

Sic ’em

  • Baylor UniversityA private Christian research university on 735 acres along the Brazos, and the city’s largest employer.
    Official site
  • McLane StadiumBaylor’s football stadium on the banks of the Brazos, a short walk from campus.
    Stadium info
  • Baylor AthleticsSchedules and tickets for Bears football, basketball, baseball and more.
    Schedules & tickets
Shopping, Food & Community

The Silos and beyond

  • Magnolia Market at the SilosChip and Joanna Gaines’ destination at 601 Webster Ave., welcoming guests since 2015: shops, food trucks, a bakery and a lawn. Grounds open 9am–6pm; generally closed Sundays.
    Plan a visit
  • Homestead HeritageA working farm and traditional craft village just north of Waco at 608 Dry Creek Rd., open six days a week.
    Official site
  • Heart O’ Texas Fair & RodeoThe region’s big annual fair and rodeo, held at the Extraco Events Center.
    Fair & rodeo
  • Extraco Events CenterWaco’s event grounds and 8,000-seat arena for rodeos, livestock shows, concerts and expos.
    Official site

Hours and seasons change. Check each official site before you go.

Neighborhoods & Nearby Towns

Where to look.

Many people who work in Waco live just outside it, in a suburb with its own school district or on a few acres out in the country. Here’s a quick look at the places buyers ask Loni about most.

Plan Your Move

Make Waco home.

Whether you want a house near Baylor, a family home in Woodway or acreage in the county, Loni can help you compare areas, schools and taxes before you make an offer.

Moving with family or a partner? Send them this guide so you’re all looking at the same information.

Sources
  1. U.S. Census Bureau QuickFacts: Waco city & McLennan County (V2025 estimates; ACS 2020–2024)
  2. U.S. Census Bureau via FRED: Resident Population in Waco, TX (MSA), 2025
  3. Texas Comptroller: Property Tax Basics
  4. McLennan County: 2025 Tax Rates for McLennan County Taxing Districts (PDF)
  5. McLennan Central Appraisal District
  6. Waco Economic Development: Taxes
  7. National Weather Service Fort Worth: Waco climate normals, 1991–2020
  8. Greater Waco Chamber: About Waco
  9. Greater Waco Chamber: Major employers report
  10. Greater Waco Chamber: Waco attractions
  11. Destination Waco: Things to do
  12. Baylor University Institutional Research: Fall 2025 enrollment report (PDF)
  13. City of Waco: MyWaco Central utility FAQs
  14. Waco Regional Airport
  15. Waco Downtown Farmers Market
  16. Photo: “Suspension Bridge” by diveofficer, CC BY 2.0, via Wikimedia Commons

Figures are from the sources listed, with years noted, and were checked November 2026. Tax rates, utility fees, and attraction hours and seasons change; confirm with the source. Information is deemed reliable but not guaranteed.

Waco Suspension Bridge photo: “Suspension Bridge” by diveofficer (Flickr), CC BY 2.0, via Wikimedia Commons; resized.