Waco, a city located in the state of Texas (TX), is home to a population of approximately 195,709 people. Waco boasts a median age of 28.8, with around 17.4% of its residents aged 60 or above. 6.5% of the population identifies as US Veterans. 12.3% of Waco residents are disabled. The city has an average household income of $47,421, while the unemployment rate stands at 4.5%, and around 24.8% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Waco is $165,872, with a monthly rent averaging $1,038.