Groundwork

Real estate · Metro area · Texas

Property management companies in the Waco, TX metro area

Competitor counts, household spending and official business counts for property management companies in the Waco, TX metro area, set against other metro areas and the U.S.

Groundwork market score · out of 100

Score 47 out of 100: Lower middle

Ranked #215 of 374 scored metro areas
#16 of 25 scored metro areas based in Texas

Listings
30
1 chain location (3%)
Official establishments
57
+14.6% since 2019
Household spending a year
$1.6B
On rent and homeowner costs · $14,526 a household
Housing spending per listing (U.S. = 100)
97
3% below the U.S.
Listings per 10k households
2.7
10% below the U.S.
Population, 2025
308,807
+4.2% since 2020

See the property management companies around any address in the Waco metro area

The site report maps the property management companies 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 30 property management companies in the Waco metro area. One of them (3%) is a chain location, against 4% across the U.S. That comes to 2.7 for every 10,000 households, 10% below the U.S. rate of 3.0.

Households in the Waco metro area spend about $1.6B a year on rent and homeowner costs, or $14,526 per household, 13% below the U.S. average. Housing spending per company is 3% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.

The official count of businesses with payroll classed as residential and commercial property managers in the Waco metro area was 57 in 2023, up 14.6% from 2019. That is one for every 1,950 households, against one for every 1,638 across the U.S.

Population estimates show the Waco metro area grew 4.2% from 2020 to 2025, faster than the U.S. (+3.1%). The Waco metro area scores 47 (lower middle) on the Groundwork market score for property management companies, ranking #215 of 374 scored metro areas and #16 of 25 scored metro areas based in Texas.

How the Waco metro area compares

The same measures for Texas and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Waco, TX metro area compared with Texas and the U.S.
MeasureWaco metro areaTexasU.S.
Listings per 10k households2.72.63.0
Housing spending per listing (U.S. = 100)97108100
Households per official establishment1,9501,6861,638
Official establishment growth, 2019–2023+14.6%+17.2%+11.4%
Population growth, 2020–2025+4.2%+8.5%+3.1%
Spending per household on rent and homeowner costs$14,526$15,682$16,661
Median household income$66,205$78,476$80,734
Groundwork market score4759

Official counts and lending

Businesses

Official establishments, 2019 to 2023
57+14.6% over the period
Employees, 2023
248
Annual payroll, 2023
$13.9M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
301 chain location
Listings at the U.S. rate for this spending
29The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as residential and commercial property managers 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 property management companies 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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Property management across Texas

Every Texas market ranked →

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

Top metro areas in Texas

Metro areas in Texas ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Sherman-Denison, TX8361.1248+12.8%#5 of 374
2Odessa, TX7991.4192+5.0%#11 of 374
3Longview, TX70171.6164+3.8%#36 of 374
4Midland, TX68111.6191+9.8%#41 of 374
5Laredo, TX67101.2204+5.2%#46 of 374
6McAllen-Edinburg-Mission, TX66371.4176+5.6%#54 of 374
7Victoria, TX6571.9140+1.6%#61 of 374
8San Angelo, TX6071.5176+0.3%#94 of 374
9Brownsville-Harlingen, TX59221.6150+3.0%#104 of 374
10Wichita Falls, TX58122.1122+0.7%#112 of 374
16Waco, TX47302.797+4.2%#215 of 374

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 property management companies are in the Waco, TX metro area?

There are 30 property management companies on map listings in the Waco metro area as of September 2026. One of them (3%) is a chain location. The listings count property management companies. Official counts show 57 businesses with payroll classed as residential and commercial property managers in 2023, up 14.6% from 2019.

How much do households in the Waco, TX metro area spend on rent and homeowner costs?

About $1.6B a year, or $14,526 per household. That is 13% below the U.S. average (an index of 87, where 100 is the U.S. average). For the 30 property management companies on map listings, housing spending per company is 3% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. 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 property management companies?

The Waco metro area has 2.7 property management companies per 10,000 households, 10% below the U.S. rate of 3.0. The index of housing spending per company is 97, where 100 is the U.S. At the national ratio of property management companies to household spending, the Waco metro area would have about 29, against 30 on map listings. There is one business with payroll in the industry for every 1,950 households, against one for every 1,638 across the U.S. The official count rose 14.6% from 2019 to 2023, against +11.4% 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 47 for property management companies (lower middle), #215 of 374 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 property management companies 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 property management companies · 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.