Waco, MO
Population 190 · Missouri
About Waco, MO
Waco is a small community located in Missouri with a population of 190 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,875 per year, which is 24% below the national median of $75,149. The median age of 46.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Waco features a median home value of $115,600, which is 53% below the national median of $244,900. This makes Waco one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 77 total housing units, 89% are owner-occupied (66 units) and 11% are renter-occupied (8 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Waco shows an unemployment rate of 14.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.4%, above the national average of 12.4%. Workers in Waco have an average one-way commute time of 26 minutes.
Education & Demographics
7.7% 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.6% of the population being foreign-born.
Cost of Living in Waco, MO
Compared to national averages, Waco has a median household income of $56,875 (24% below the national median of $75,149). Home values average $115,600, which is 53% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Missouri, Waco's income is 7% below the state average of $61,047, and home values are 23% below the state median of $150,786.
Why Live in Waco, MO?
Waco offers affordable housing with a median home value of $115,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($56,875) 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 190 with a median age of 46.7 years. Compare Waco with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Waco
Cities in Missouri with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
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, MO?
The population of Waco, MO is 190 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Waco?
The median household income in Waco, MO is $56,875 per year, which is 24% below the national median of $75,149.
What is the median home value in Waco?
The median home value in Waco, MO is $115,600, which is 53% 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, MO is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Waco?
The unemployment rate in Waco, MO is 14.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Waco, MO a good place to live?
Waco offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 190 and a median age of 46.7, the city appeals to established professionals and retirees.
How educated is Waco, MO?
7.7% 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, MO: median home value is $115,600 (53% below national), median rent is $0/month, and median household income is $56,875. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waco?
The poverty rate in Waco, MO is 18.4%, 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, MO?
Waco's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.6% of residents are foreign-born.