| ZIP Code | 76704 |
|---|---|
| City | Waco |
| State | Texas (TX) |
| County | McLennan County |
| Area Code | 254 |
| Elevation | 410 ft |
| Latitude | 31.575445 |
|---|---|
| Longitude | -97.124247 |
| Timezone | Chicago (DST) |
| FIPS | 48309 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 27.7 yrs ↓ 7% since 2019 |
|---|---|
| Avg Household Size | 2.36 |
| Below Poverty | 46.5% ▲ 365% above avg |
| College Grads | 22.8% ▼ 41% below avg |
| Unemployment | 7.5% ▲ 53% above avg |
| No HS Diploma | 32 (0.9%) |
| HS Graduate | 1,517 (44.7%) |
| Some College | 406 (12%) |
| Associates | 665 (19.6%) |
| Bachelors | 457 (13.5%) |
| Graduate Degree | 316 (9.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $24,208 ▼ 68% below avg ↑ 13% since 2019 |
|---|---|
| Median Home Value | $112,800 ▼ 60% below avg ↑ 32% since 2019 |
| Home/Income Ratio | 4.7x (nat avg ~3.5x) |
| Median Rent | $788/mo ↑ 22% since 2019 |
| Total Units | 3,703 |
| Vacant Units | 646 |
| Avg HH Size | 2.36 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,703 |
|---|---|
| Vacant | 646 |
| Owner Occupied | 33.4% |
| Renter Occupied | 66.6% |
| Avg HH Size | 2.36 |
ZIP code 76704 is located in Waco, Texas, within McLennan County. With a population of 7,387, this is a lightly populated ZIP code with a young community — the median age is 27.7 years. Economically, 76704 is a lower-income ZIP code: the median household income of $24,208 is well below the national average.
Real estate in ZIP code 76704 represents one of the more affordable housing markets in the country. The median home value of $112,800 is well below the national average. Renters can expect to pay around $788 per month in median rent. This is predominantly a renter community, with 66.6% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 32% since 2019.
The population of 76704 is majority Black (67.43%). Residents are less-educated — 22.8% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 46.5%. Household income has grown by 13% since 2019.
The unemployment rate in 76704 stands at 7.5%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 84%.
Overall, ZIP code 76704 in Waco, TX is characterized as lower-income, less-educated, and a young community. With 7,387 residents, a median household income of $24,208, and a median home value of $112,800, it offers a clear picture of life in this part of Texas.