Housing costs in Waco?
A typical home costs
$104,900, which is 69.0% less expensive than the national average of
$338,100 and 64.8% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Waco costs
$830 per month, which is 35.2% cheaper than the national average of
$1,280 and 19.3% cheaper than the state average of
$990.
Can I afford Waco?
To live comfortably in Waco (zip 76704), Texas, a minimum annual income of
$20,160 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Waco?
The cost of living in 76704 Waco, TX is relatively inexpensive compared to other areas of the country. The median home value in the area is just over $130,000, and the median household income is slightly over $43,000. Renters can find affordable housing here with a one-bedroom apartment renting for an average price of $650 per month. Groceries and utilities are also reasonably priced, making it easier to manage day-to-day expenses. With a low unemployment rate and plenty of local amenities, 76704 Waco offers both affordability and quality of life.