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Waco city, TX

ZIP 76707 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 76707

Median Home Value
$113,600
Median Rent
$737
Affordability Snapshot
$31,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$730/mo PITI).

23%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 76707 in Waco city, 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.

Housing Tenure

Vacancy rate 17% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
57.2%-12% vs US avg
x
Vacancy Rate
17.3%+68% vs US avg
x
Broadband Access
82.0%-6% vs US avg
x
4+ Bedrooms
1.6%-89% vs US avg
x
Built Pre-1939
11.7%-9% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
30.8%-38% vs US avg
x
Mortgage-Free
53.5%+40% vs US avg
x
$113,600
Home Value
$737
Rent
1959
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached78.3%
  • 1-unit attached1.4%
  • 2-9 units13.8%
  • 10+ units5.1%
  • Mobile home & other1.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$113,600
Median rent$737
Owner-occupied57.2%
Vacant17.3%
Price-to-income3.0x
Est. income to buy$31,000