Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.3 yrs |
|---|---|
| Avg HH Size | 2.58 |
| Below Poverty | 11.8% ▲ 18% above avg |
| College Grads | 25.9% ▼ 33% below avg |
| Unemployment | 2.3% ▼ 53% below avg |
| No HS Diploma | 48 (3.3%) |
| HS Graduate | 571 (39.4%) |
| Some College | 282 (19.4%) |
| Associates | 174 (12%) |
| Bachelors | 103 (7.1%) |
| Graduate Degree | 272 (18.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,092 ▼ 24% below avg |
|---|---|
| Median Home Value | $176,000 ▼ 37% below avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $675/mo |
| Total Housing Units | 1,256 |
| Vacant Units | 336 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Waco is a city in Kentucky, located in Madison County. The city spans 1 ZIP code and is home to approximately 2,378 residents. It is a middle-aged city, with a median age of 40.3 years.
Economically, Waco is a solidly middle-class community. The median household income of $58,092 is below the national average. Approximately 11.8% of residents live below the poverty line. The unemployment rate is 2.3%, well below the national average.
The real estate market in Waco is an affordable housing market. Median home values stand at $176,000, which is below the national average. Renters typically pay around $675 per month. Homeownership is high at 80.5%, typical of suburban and family-oriented communities.
The population of Waco is moderately educated. 25.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (99.16%).
Waco, KY offers residents a cost-conscious lifestyle within Kentucky.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 40385 | 2,378 | $58,092 | $176,000 | $675 | 2.3% | 25.9% | 80.5% |