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Waco, TX Real Estate


According to census data in the year 2000 there were 45,863 housing units in Waco. This represents a 1.7% growth from 45,088 in 1990.

Of those housing units, 44,309 were located in either urbanized areas or urban clusters, and 1,554 were located in what is classified as a rural area.

Homeownership rate in Waco is about 46.3%. Waco's vacancy rate, including seasonal lodging, is about 7.7%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Waco were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type3.30%
One Bedroom19.30%
Two Bedrooms34.30%
Three Bedrooms35.30%
Four Bedrooms6.80%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1958
Median Value of occupied units$53,300
Median Price asked for vacant units$36,100

Rented Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1972
Median Monthly Rent asked for vacant units$384

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2%
Home Equity Loan2.90%
Simple Mortgage46.30%
Debt Free48.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%