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North Carolina · Census place 70320

Waco town, NC

Quick answer

Waco town has 216 residents, ranking #699 of 777 places in North Carolina. Median household income is $31,250, the median home is worth $93,100 and median gross rent runs $1,077 a month.

Population
216Waco town residents
Median household income
$31,250Past 12 months, inflation adjusted
Median home value
$93,100Owner-occupied units
Median gross rent
$1,077Rent plus utilities, monthly
Median age
55.3 yrsAll residents
Homeownership rate
80%Owner-occupied households

What the numbers mean in Waco town

Housing cost measured against local earnings.

A household earning the Waco town median would spend about 41.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12% of residents and 80% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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