| ZIP Code | 76707 |
|---|---|
| City | Waco |
| State | Texas (TX) |
| County | McLennan County |
| Area Code | 254 |
| Elevation | 551 ft |
| Latitude | 31.553876 |
|---|---|
| Longitude | -97.159082 |
| Timezone | Chicago (DST) |
| FIPS | 48309 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 29.5 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.98 |
| Below Poverty | 30.9% ▲ 209% above avg |
| College Grads | 26.6% ▼ 31% below avg |
| Unemployment | 7.2% ▲ 48% above avg |
| No HS Diploma | 170 (2.2%) |
| HS Graduate | 3,032 (39.9%) |
| Some College | 1,192 (15.7%) |
| Associates | 1,182 (15.6%) |
| Bachelors | 650 (8.6%) |
| Graduate Degree | 1,368 (18%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $38,208 ▼ 50% below avg ↑ 31% since 2019 |
|---|---|
| Median Home Value | $113,600 ▼ 59% below avg ↑ 46% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $1,055/mo ↑ 27% since 2019 |
| Total Units | 6,678 |
| Vacant Units | 1,153 |
| Avg HH Size | 2.98 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 6,678 |
|---|---|
| Vacant | 1,153 |
| Owner Occupied | 57.2% |
| Renter Occupied | 42.8% |
| Avg HH Size | 2.98 |
ZIP code 76707 is located in Waco, Texas, within McLennan County. With a population of 16,602, this is a moderately populated ZIP code with a young community — the median age is 29.5 years. Economically, 76707 is a lower-income ZIP code: the median household income of $38,208 is below the national average.
Real estate in ZIP code 76707 represents one of the more affordable housing markets in the country. The median home value of $113,600 is well below the national average. Renters can expect to pay around $1,055 per month in median rent. The area has a relatively balanced mix of owners (57.2%) and renters (42.8%). Median home values have increased by 46% since 2019.
The population of 76707 is racially diverse, with Hispanic as the largest group at 47.3%. Residents are moderately educated — 26.6% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 30.9%. Household income has grown by 31% since 2019.
The unemployment rate in 76707 stands at 7.2%, which is above the national average. About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 72%.
Overall, ZIP code 76707 in Waco, TX is characterized as lower-income, moderately educated, and a young community. With 16,602 residents, a median household income of $38,208, and a median home value of $113,600, it offers a clear picture of life in this part of Texas.