ZIP Code 76707 — Waco city, TX Demographics & Data

ZIP code 76707 covers Waco, TX in McLennan County with a population of about 16,602.

At a glance, the area shows median age of 29.5 versus a U.S. median of about 38.9.

It sits in telephone area code 254; U.S. House district TX-17; the WACO - TEMPLE - BRYAN media market.

Waco, TX sits in a university / college context (near baylor university (2.3 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 76707 is about $38,208 — about 49% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 31.2%; unemployment rate near 7.2%; 15.1% of adults with a bachelor’s degree or higher (about 18.6 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Manufacturing; about 10.6% of workers reporting work-from-home (about 4.6 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $113,600 — about 67% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $737 (about 37% below the U.S. median rent ($1,163)), and owner-occupancy near 57.2% (about 8.2 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 76707 in Waco, TX, a household would need roughly $31,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $730. That sits below the local median household income ($38,208), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Waco city, TX as Relatively Moderate (composite score 91.2), which is among the highest nationally. The strongest component scores on US5 are wildfire (90.0) and flood (88.9). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Waco city, TX show little to no average snow and around 37.5 inches of annual precipitation.

IRS migration statistics show a net inflow of about 783 for ZIP 76707 (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.