76707 in Waco, TX is a great place to live due to its lower rental costs and grocery cost index. A two bedroom apartment in this area averages around $980 a month, which is significantly lower than the US average of $1,430. The Grocery Cost Index for 76707 is 89, versus the national average of 100. This means residents can save money on basic necessities. Local businesses that make up the small business community in this area include Home Zone Furniture, H-E-B Grocery Store, Mardel Christian & Education Supply Store, and Chick-Fil-A. These companies employ many local residents and offer services that are essential to the community.
Waco (zip 76707) has an unemployment rate of 6.6%. The US average is 6.0%.
Waco (zip 76707) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.
Tax Rates for Waco (zip 76707)
- The Sales Tax Rate for Waco (zip 76707) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Waco (zip 76707) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Waco (zip 76707)
- The average income of a Waco (zip 76707) resident is $13,040 a year. The US average is $28,555 a year.
- The Median household income of a Waco (zip 76707) resident is $31,598 a year. The US average is $69,021 a year.