Waco, NC Profile: Facts & Data

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Waco, North Carolina - Basic Facts

The Town of Waco had a population of 303 as of July 1, 2019.

The primary coordinate point for Waco is located at latitude 35.3615 and longitude -81.4287 in Cleveland County. The formal boundaries for the Town of Waco encompass a land area of 0.79 sq. miles and a water area of 0 sq. miles. Cleveland County is in the Eastern time zone (GMT -5). The elevation is 915 feet.

The Town of Waco (GNIS ID: 2406810) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Waco is located within , a minor civil division (MCD) of Cleveland County.


Jump to... (On This Page!)
  1. Waco 2019 Demographic Data
  2. Growth Rates for Waco (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. North Carolina Research Tools (Easy Tools & Current Data)
  3. North Carolina Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Waco, NC Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Waco, NC Housing Affordability Index is 185
State of North Carolina Housing Affordability Index is 140
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Waco, NC Wealth Index is 47
State of North Carolina Wealth Index is 84
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the North Carolina COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 303 (100%)
Population in Households 303 (100.0%)
Population in Families 256 (84.5%)
Population in Group Quarters1 0
Population Density 385
Diversity Index2 37
 

INCOME

Median Household Income $38,789
Average Household Income $53,300
Per Capita Income $20,722
Wealth Index4 47

HOUSING

Total Housing Units 149 (100%)
Owner Occupied HU 89 (59.7%)
Renter Occupied HU 31 (20.8%)
Vacant Housing Units 29 (19.5%)
Median Home Value $116,667
Housing Affordability Index3 185
 

HOUSEHOLDS

Total Households 120
Average Household Size 2.53
Family Households 89
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.62% -0.4%
Households -0.61% -0.51%
Families -0.7% -0.68%
Median Household Income   0.7%
Per Capita Income   2.07%

Waco, NC - Peer Comparisons by Rank and Percentile

The table below compares Waco to the other 739 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 639 14th
Population Density # 525 29th
Diversity Index # 488 34th
Median Household Income # 523 29th
Per Capita Income # 543 27th

Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.

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