| ZIP Code | 76706 |
|---|---|
| City | Waco |
| State | Texas (TX) |
| County | McLennan County |
| Area Code | 254 |
| Elevation | 458 ft |
| Latitude | 31.456322 |
|---|---|
| Longitude | -97.084442 |
| Timezone | Chicago (DST) |
| FIPS | 48309 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 23.8 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.70 |
| Below Poverty | 31.2% ▲ 212% above avg |
| College Grads | 35.5% ▼ 8% below avg |
| Unemployment | 3.3% ▼ 33% below avg |
| No HS Diploma | 442 (2.7%) |
| HS Graduate | 5,687 (34.4%) |
| Some College | 2,127 (12.9%) |
| Associates | 2,415 (14.6%) |
| Bachelors | 1,833 (11.1%) |
| Graduate Degree | 4,038 (24.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $42,277 ▼ 45% below avg ↑ 24% since 2019 |
|---|---|
| Median Home Value | $180,600 ▼ 35% below avg ↑ 46% since 2019 |
| Home/Income Ratio | 4.3x (nat avg ~3.5x) |
| Median Rent | $1,063/mo ↑ 22% since 2019 |
| Total Units | 16,600 |
| Vacant Units | 2,111 |
| Avg HH Size | 2.70 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 16,600 |
|---|---|
| Vacant | 2,111 |
| Owner Occupied | 38.9% |
| Renter Occupied | 61.1% |
| Avg HH Size | 2.70 |
ZIP code 76706 is located in Waco, Texas, within McLennan County. With a population of 40,668, this is a highly populated ZIP code with a young community — the median age is 23.8 years. Economically, 76706 is a working-class ZIP code: the median household income of $42,277 is below the national average.
Real estate in ZIP code 76706 represents an affordable housing market. The median home value of $180,600 is below the national average. Renters can expect to pay around $1,063 per month in median rent. This is predominantly a renter community, with 61.1% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 46% since 2019.
The population of 76706 is racially diverse, with White as the largest group at 49.2%. Residents are moderately educated — 35.5% hold a bachelor's degree or higher, which is near the national average. Poverty affects a significant share of residents at 31.2%. Household income has grown by 24% since 2019.
The unemployment rate in 76706 stands at 3.3%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 74%.
Overall, ZIP code 76706 in Waco, TX is characterized as working-class, moderately educated, and a young community. With 40,668 residents, a median household income of $42,277, and a median home value of $180,600, it offers a clear picture of life in this part of Texas.