Groundwork

Real estate · Metro area · Texas

Real estate businesses in the Waco, TX metro area

The real estate businesses 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 49 out of 100: Lower middle

Ranked #193 of 387 scored metro areas
#15 of 26 scored metro areas based in Texas

Listings
367
21 chain locations (6%)
Official establishments
198
+38.9% since 2019
Household spending a year
$1.6B
On rent and homeowner costs · $14,526 a household
Housing spending per listing (U.S. = 100)
102
2% above the U.S.
Listings per 10k households
33.0
14% below the U.S.
Population, 2025
308,807
+4.2% since 2020

See the real estate businesses around any address in the Waco metro area

The site report maps the real estate businesses 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

As of September 2026, map listings count 367 real estate businesses in the Waco metro area. Of those, 21 are chain locations, or 6%, against 6% across the U.S. That comes to 33.0 for every 10,000 households, 14% below the U.S. rate of 38.5.

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 office is 2% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in.

The official count of businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in the Waco metro area was 198 in 2023, up 38.9% from 2019. That is one for every 562 households, against one for every 414 across the U.S. Another 1,198 one-person businesses have no payroll, by official counts.

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%). For real estate businesses, the Waco metro area has a Groundwork market score of 49 (lower middle): #193 of 387 scored metro areas and #15 of 26 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.

Real estate in Waco, TX metro area compared with Texas and the U.S.
MeasureWaco metro areaTexasU.S.
Listings per 10k households33.037.138.5
Housing spending per listing (U.S. = 100)10298100
Households per official establishment562473414
Official establishment growth, 2019–2023+38.9%+23.6%+15.8%
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 score4953

Official counts and lending

Businesses

Official establishments, 2019 to 2023
198+38.9% over the period
Employees, 2023
567
Annual payroll, 2023
$35M
One-person businesses, 2023
1,198Businesses with no payroll
Map listings, September 2026
36721 chain locations
Listings at the U.S. rate for this spending
373The 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 real estate agents, property managers, mortgage lenders and inspectors 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 real estate businesses 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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Real estate across Texas

Every Texas market ranked →

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

Top metro areas in Texas

Metro areas in Texas ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Odessa, TX8112118.7183+5.0%#5 of 387
2Midland, TX6520028.7135+9.8%#58 of 387
3Beaumont-Port Arthur, TX6435323.6141+0.5%#61 of 387
4Sherman-Denison, TX6317531.7109+12.8%#72 of 387
5Wichita Falls, TX6213323.4141+0.7%#79 of 387
6Laredo, TX6220525.2128+5.2%#83 of 387
7McAllen-Edinburg-Mission, TX6068025.2123+5.6%#96 of 387
8Eagle Pass, TX594122.7132+1.7%#101 of 387
9Longview, TX5928726.5124+3.8%#102 of 387
10Victoria, TX5711430.3110+1.6%#122 of 387
15Waco, TX4936733.0102+4.2%#193 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 real estate businesses are in the Waco, TX metro area?

The Waco metro area has 367 real estate businesses on map listings as of September 2026. 21 of them (6%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 198 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 38.9% from 2019. Official counts list 1,198 one-person businesses without payroll.

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 367 real estate businesses on map listings, housing spending per office is 2% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses 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 real estate businesses?

The Waco metro area has 33.0 real estate businesses per 10,000 households, 14% below the U.S. rate of 38.5. The index of housing spending per office is 102, where 100 is the U.S. At the national ratio of real estate businesses to household spending, the Waco metro area would have about 373, against 367 on map listings. There is one business with payroll in the industry for every 562 households, against one for every 414 across the U.S. The official count rose 38.9% from 2019 to 2023, against +15.8% 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 49 for real estate businesses (lower middle), #193 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 real estate businesses 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 real estate businesses · 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.