Waco, GA
Population 685 · Georgia
About Waco, GA
Waco is a small community located in Georgia with a population of 685 residents according to the latest US Census Bureau American Community Survey data. The median household income is $35,603 per year, which is 53% below the national median of $75,149. The median age of 38.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Waco features a median home value of $151,100, which is 38% below the national median of $244,900. This positions Waco in a moderately priced market relative to the rest of the country. Median monthly rent is $855, 26% below the national average of $1,163/month. Of the 288 total housing units, 52% are owner-occupied (151 units) and 48% are renter-occupied (137 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Waco shows an unemployment rate of 5.3%, which is near the national rate of 3.7%. The poverty rate stands at 25.1%, above the national average of 12.4%. Workers in Waco have an average one-way commute time of 26.2 minutes.
Education & Demographics
6.0% of Waco residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.6% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.2% of the population being foreign-born.
Cost of Living in Waco, GA
Compared to national averages, Waco has a median household income of $35,603 (53% below the national median of $75,149). Home values average $151,100, which is 38% below the national median. Monthly rent at $855 is 26% below the US average of $1,163. Within Georgia, Waco's income is 41% below the state average of $60,815, and home values are 22% below the state median of $194,684.
Why Live in Waco, GA?
Waco offers affordable housing with a median home value of $151,100, below the US average of $244,900, and rent that’s lower than the national average at $855/month.
Potential considerations include median household income ($35,603) that falls below the national average. However, Waco’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waco has a population of 685 with a median age of 38.3 years. Compare Waco with other cities to see how it stacks up, or explore all cities in Georgia.
Similar Cities Near Waco
Cities in Georgia with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Georgia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Waco
What is the population of Waco, GA?
The population of Waco, GA is 685 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Georgia.
What is the median household income in Waco?
The median household income in Waco, GA is $35,603 per year, which is 53% below the national median of $75,149.
What is the median home value in Waco?
The median home value in Waco, GA is $151,100, which is 38% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waco?
The median monthly rent in Waco, GA is $855, which is 26% below the national average of $1,163/month.
What is the unemployment rate in Waco?
The unemployment rate in Waco, GA is 5.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Waco, GA a good place to live?
Waco offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 685 and a median age of 38.3, the city appeals to a broad range of residents.
How educated is Waco, GA?
6.0% of residents in Waco aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Waco?
Key cost-of-living indicators for Waco, GA: median home value is $151,100 (38% below national), median rent is $855/month, and median household income is $35,603. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Waco?
The poverty rate in Waco, GA is 25.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Waco, GA?
Waco's population is 0.6% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.9% two or more races. 1.2% of residents are foreign-born.