Income & Economy in Waco city, TX (76701)
Median Income
$24,593
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+82
Wealth inflow
Population
1,732
Unemployment
7.3%
3.6pp above US avg
IRS migration statistics show a net inflow of about 82 for ZIP 76701 (Waco city, TX) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 76701 (2020–Present)
Since 2020, population declined 7.5%, median income fell 43.8% (inflation-adjusted), home values decreased 100.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $24,593 |
| Unemployment | 7.3% |
| Establishments | 457 |
| Employees | 6,496 |