Groundwork

Beauty and personal care · Metro area · Texas

Hair salons in the Waco, TX metro area

The hair salons in the Waco, TX metro area, the household spending behind them and how the market ranks against other metro areas.

Groundwork market score · out of 100

Score 43 out of 100: Lower middle

Ranked #259 of 387 scored metro areas
#13 of 26 scored metro areas based in Texas

Listings
264
40 chain locations (15%)
Official establishments
48
+9.3% since 2019
Household spending a year
$94.6M
On personal care products and services · $851 a household
Spending per listing
$358K
17% below the U.S.
Listings per 10k households
23.7
In line with the U.S.
Population, 2025
308,807
+4.2% since 2020

See the hair salons around any address in the Waco metro area

The site report maps the hair salons on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Waco metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 264 hair salons in the Waco metro area. Of those, 40 are chain locations, or 15%, against 14% across the U.S. That is 23.7 per 10,000 households, in line with the U.S. rate of 23.4.

At $851 per household (15% below the U.S. average), households in the Waco metro area spend about $94.6M a year on personal care products and services. That is about $358K of household spending for each salon on map listings, 17% below the U.S. figure of $430K. That spending covers all personal care products and services, which hair salons share with other businesses in the trade.

The official count of businesses with payroll classed as beauty salons in the Waco metro area was 48 in 2023, up 9.3% from 2019. That is one for every 2,316 households, against one for every 1,535 across the U.S. Official counts also show 769 one-person businesses without payroll. Since fiscal 2022, 3 SBA-backed loans worth $749K have gone to businesses classed as beauty salons in the Waco metro area.

Population estimates put the population change in the Waco metro area from 2020 to 2025 at +4.2%, faster than the U.S. (+3.1%). The Waco metro area scores 43 (lower middle) on the Groundwork market score for hair salons, ranking #259 of 387 scored metro areas and #13 of 26 scored metro areas based in Texas.

How the Waco metro area compares

The same measures for Texas and the whole U.S. Spending per listing divides a year of household spending on all personal care products and services by the hair salons counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Hair salons in Waco, TX metro area compared with Texas and the U.S.
MeasureWaco metro areaTexasU.S.
Listings per 10k households23.726.323.4
Spending per listing$358K$356K$430K
Households per official establishment2,3161,9151,535
Official establishment growth, 2019–2023+9.3%+17.4%+6.0%
Population growth, 2020–2025+4.2%+8.5%+3.1%
Spending per household on personal care products and services$851$937$1,005
Median household income$66,205$78,476$80,734
Groundwork market score4344

Official counts and lending

Businesses

Official establishments, 2019 to 2023
48+9.3% over the period
Employees, 2023
297
Annual payroll, 2023
$7.7M
One-person businesses, 2023
769Businesses with no payroll
Map listings, September 2026
26440 chain locations
Listings at the U.S. rate for this spending
220The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
3
Amount
$749K

SBA-backed loans to businesses classed as beauty salons in the Waco metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Waco metro area

Population, 2025 estimate
308,807+4.2% since 2020
Households
111,178
Median age
37.1
Homes lived in by their owners
64%
Vehicles per household
1.9
Land area
2,785 sq. mi.
People per square mile
108
Median household income
$66,205
Average household income
$91,997
Median home value
$234,100
Jobs located here
129,143
Daytime population
295,622Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Waco metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the hair salons on map listings by name and distance.

Or open the report at the center of the Waco metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Hair salons across Texas

Every Texas market ranked →

The highest-scoring metro areas in Texas for hair salons, numbered among those based in Texas, with the Waco metro area marked.

Top metro areas in Texas

Metro areas in Texas ranked for hair salons by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Midland, TX7715021.5$473K+9.8%#9 of 387
2Odessa, TX7610516.3$538K+5.0%#13 of 387
3College Station-Bryan, TX6418117.1$486K+6.9%#68 of 387
4Austin-Round Rock-San Marcos, TX602,41524.4$435K+14.0%#105 of 387
5Sherman-Denison, TX5315828.6$310K+12.8%#152 of 387
6Dallas-Fort Worth-Arlington, TX488,41929.1$346K+10.6%#209 of 387
7San Antonio-New Braunfels, TX472,38724.7$371K+9.5%#220 of 387
8Houston-Pasadena-The Woodlands, TX477,52828.3$342K+10.3%#222 of 387
9Amarillo, TX4522521.8$399K+2.7%#236 of 387
10Lubbock, TX4429320.8$403K+4.6%#246 of 387
13Waco, TX4326423.7$358K+4.2%#259 of 387

Other business types in the Waco metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many hair salons are in the Waco, TX metro area?

There are 264 hair salons on map listings in the Waco metro area as of September 2026. 40 of them (15%) are chain locations. The listings count hair and beauty salons. Official counts show 48 businesses with payroll classed as beauty salons in 2023, up 9.3% from 2019. Another 769 one-person businesses have no payroll, by official counts.

How much do households in the Waco, TX metro area spend on personal care products and services?

About $94.6M a year, or $851 per household. That is 15% below the U.S. average (an index of 85, where 100 is the U.S. average). Spread across the 264 hair salons on map listings, it comes to $358K per salon. The spending figure covers all personal care products and services, not only hair salons. It is estimated from the incomes of the 111,178 households in the Waco metro area and national spending patterns by income.

How does the Waco, TX metro area compare with the U.S. for hair salons?

The Waco metro area has 23.7 hair salons per 10,000 households, in line with the U.S. rate of 23.4. Spending per salon is $358K, 17% below the U.S. figure of $430K. At the national ratio of hair salons to household spending, the Waco metro area would have about 220, against 264 on map listings. There is one business with payroll in the industry for every 2,316 households, against one for every 1,535 across the U.S. The official count rose 9.3% from 2019 to 2023, against +6.0% for the U.S.

How fast is the Waco, TX metro area growing?

Population estimates put the Waco metro area at 308,807 people in 2025, up 4.2% since 2020, faster than the U.S. (+3.1%). It has 111,178 households. The median household income in the Waco metro area is $66,205 a year, 18% below the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Waco metro area scores 43 for hair salons (lower middle), #259 of 387 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Waco metro area. It maps the hair salons on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for hair salons · All 56 business types in the Waco metro area

Screening a site or an acquisition in the Waco metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Waco metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.