2025 Compare Cities Economy:
Waco, TX vs Lancaster, TX

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Highlights
- Household income in Lancaster, is 40% more than it is in Waco and is 15% below the National Average.
- Waco unemployment rate is 6.6%.
- Lancaster unemployment rate is 10.4%.
 Waco, TXLancaster, TXUnited States
 Unemployment Rate  Unlock10.4%6.0%
 Recent Job Growth  Unlock3.3%1.6%
 Future Job Growth38.3%  Unlock33.5%
 Sales Taxes8.3%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$24,451  Unlock$37,638
 Household Income  Unlock$59,952$69,021
 Family Median Income$58,219  Unlock$85,028
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 Est. Households By Income
 Waco, TXLancaster, TXUnited States
 Income Less Than 15K  Unlock7.9%9.4%
 Income between 15K and 20K7.0%  Unlock3.8%
 Income between 20K and 30K  Unlock9.5%8.1%
 Income between 30K and 40K10.3%  Unlock8.0%
 Income between 40K and 50K  Unlock7.4%7.6%
 Income between 50K and 60K7.5%  Unlock7.2%
 Income between 60K and 75K  Unlock12.2%9.6%
 Income between 75K and 100K9.9%  Unlock12.8%
 Income between 100K and 150K  Unlock15.8%16.3%
 Income between 150K and 200K4.0%  Unlock7.8%
 Income greater than 200K  Unlock2.1%9.5%
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 Population By Occupation
 Waco, TXLancaster, TXUnited States
 Management, business, finance11.7%  Unlock16.4%
 Engineering, computers, science  Unlock1.8%6.5%
 Community, social services2.4%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library8.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.9%2.0%
 Healthcare practitioners and technology5.1%  Unlock6.2%
 Healthcare support  Unlock3.4%3.3%
 Firefighters, law enforcement2.1%  Unlock2.1%
 Food preparation, serving  Unlock2.4%5.4%
 Building maintenance4.3%  Unlock3.6%
 Personal care  Unlock1.1%2.6%
 Sales, office, administrative support22.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair8.5%  Unlock8.1%
 Production, transportation, material moving  Unlock19.7%13.1%
Reviews for Waco    20 Reviews

Over 4 years ago

This town is a nightmare for all nearby towns or people passing through. Expect to add an hour to your trip if you're passing through. Traffic. Traffic traffic.  More

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Best city in Texas when you count traffic, housing cost, eateries, Baylor Bear sports, largest urban lake in Texas, Texas Rangers Hall of Fame, Texas Sports Hall of  More

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i was raised in waco tx and recently moved to country to get away from the drama and crime associated w living in waco.But it seems now the city of Waco has purchased  More

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Reviews for Lancaster    13 Reviews

The city of Lancaster, Texas has a lot of character and a proud history. We have a lot of new businesses popping up and most of the neighborhoods in Lancaster are  More

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Lancaster is a pleasant place, not too big, not too small nor overcrowded. My neighborhood is very close knit. I moved here in 2001 but most of my neighbors are original  More

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Over 13 years ago

Lancaster has a lot of community spirit and is a great place to live. It is currently going through a growth phase, so I am looking forward to the next few years as the  More

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