Groundwork

Metro area profile · Texas

Waco, TX metro area market data

Population, household spending and competition for 56 business types in the Waco metro area, each scored against other metro areas.

Population, 2025
308,807
+4.2% since 2020
Households
111,178
Median household income
$66,205
Median home value
$234,100
Jobs located here
129,143
Highest market score
77
Landscaping and lawn care, #22 of 385 scored metro areas

A site report maps the competitors on map listings around any address in the Waco metro area by name and distance, and the households and spending within reach. 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

An estimated 308,807 people live in the Waco metro area, in 111,178 households. 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 median household income in the Waco metro area is $66,205 a year, 18% below the U.S. median of $80,734.

Set against the U.S., households in the Waco metro area spend the most on vehicle insurance (an index of 128, where 100 is the U.S. average) and the least on memberships, classes and admissions (68).

The highest Groundwork market scores in the Waco metro area are for landscaping and lawn care companies (77); house cleaning businesses (76); and lawn care, cleaning and pest control companies (75). The Waco metro area ranks #22 of 385 scored metro areas for landscaping and lawn care companies.

The Waco metro area takes in 3 counties: McLennan County, Bosque County and Falls County. For its number of households, the Waco metro area has the most map listings, relative to the U.S., for urgent care and walk-in clinics (2.4 times the U.S. rate) and the fewest for yoga, Pilates and fitness studios (50% below the U.S. rate).

All 56 business types in the Waco metro area

Highest Groundwork market score first. Each score compares the Waco metro area with other metro areas for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Waco, TX metro area, highest Groundwork market score first, with its rank among metro areas, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among metro areasListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Landscaping and lawn care77#22 of 385444.0$3.6M12272
House cleaning76#26 of 375161.4$9.8M15352
Lawn, cleaning and pest control75#32 of 387827.4$1.9M114144
Chiropractors65#80 of 386363.2$3.3M13722
Pet grooming and boarding65#80 of 386363.2$2.6M10318
Pet stores63#104 of 382222.0$4.3M945
Pet businesses61#110 of 38711710.5$804K9250
Physical therapy61#111 of 386444.0$2.7M11229
Mortgage brokers and lenders56#136 of 373292.6Index only14320
Optometrists and eye care55#146 of 386393.5$3M9712
Electricians55#158 of 383272.4$11.3M9465
Grocery stores55#163 of 387645.8$10.1M10941
Yoga, Pilates and fitness studios54#126 of 347131.2$5.7M14236
Doctors, dentists and clinics54#158 of 38777169.3$153K100304
Dentists and orthodontists54#160 of 3871089.7$1.1M11188
Spas and skin care53#161 of 3871089.7$876K10014
Primary care and pediatrics51#188 of 387645.8$1.8M104140
Veterinarians51#194 of 384423.8$2.2M8227
Home inspectors49#135 of 24390.8Index only685
Real estate49#193 of 38736733.0Index only102198
Child care and preschools49#199 of 387554.9$852K8560
Oil change and quick lube48#162 of 29090.8$11.2M829
Insurance agencies48#200 of 38724522.0$1.1M90129
Real estate agents and brokers47#210 of 38729926.9Index only9997
Property management47#215 of 374302.7Index only9757
Pizza45#232 of 387736.6$5.4M107262
Barbershops45#247 of 387544.9$1.8M936
Salons, barbers and spas45#251 of 38750445.3$188K8890
Dry cleaners43#173 of 272121.1$16.7M10613
Pest control43#224 of 345222.0$7.1M7020
Car washes and detailing43#253 of 387464.1$2.2M8721
Hair salons43#259 of 38726423.7$358K8348
Sit-down restaurants42#267 of 38772665.3$546K82170
Martial arts and dance studios41#276 of 387423.8$1.8M8829
Gyms, studios and classes40#287 of 38713211.9$566K8565
Gas stations39#277 of 38720718.6$1.6M66123
Clothing and shoe stores38#281 of 38720918.8$957K7588
Nail salons38#318 of 387686.1$1.4M8321
Laundromats36#266 of 364181.6$11.1M8910
Clothing, shoes and laundry36#290 of 38728225.4$709K81111
Coffee shops and cafes36#308 of 38711410.3$3.5M9488
Gyms36#316 of 387776.9$970K7536
Collision repair and body shops35#296 of 381433.9$2.3M7630
Grocery and convenience stores34#305 of 38726223.6$2.5M7381
Auto repair shops34#313 of 38729126.2$346K78121
Home repair trades33#335 of 38718516.6$1.6M68211
Funeral homes32#300 of 377383.4$413K6119
Roofing and gutters32#323 of 381625.6$4.9M5830
Auto repair and car care32#324 of 38747042.3$215K80185
Restaurants and cafes31#331 of 3871,303117.2$304K82524
HVAC and plumbing30#347 of 387968.6$3.2M67116
Convenience stores29#326 of 38715614.0$4.1M5340
Fast food and sandwich shops28#326 of 38718016.2$2.2M72262
Bakeries and dessert shops27#361 of 38713312.0$3M7298
Tire shops26#335 of 386716.4$1.4M5728
Urgent care and walk-in clinics22#188 of 197131.2$9.1M3713

Household spending in the Waco metro area

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Waco, TX metro area by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$100.8M$90795
Gasoline and other fuels$324.8M$2,922113
Food away from home$396.7M$3,56888
Groceries$647.3M$5,82292
Personal care products and services$94.6M$85185
Child care and other personal services$46.8M$42173
Memberships, classes and admissions$74.7M$67268
Medical and dental services$118.1M$1,06282
Pets$94M$84693
Clothing, shoes and related services$200M$1,79988
Vehicle insurance$277.5M$2,496128
Home repairs, maintenance and insurance$304M$2,73491
Lawn care, cleaning and other household services$156.8M$1,410100
Rent and homeowner costs$1.6B$14,52687

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

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 competitors on map listings by name and distance, for any of the 56 business types.

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.

Free10 actions over 3 days, no card

Questions

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.

How much do households in the Waco, TX metro area spend?

Households in the Waco metro area spend about $1.6B a year on rent and homeowner costs, $647.3M on groceries and $396.7M on food away from home. Relative to the U.S., household spending in the Waco metro area runs highest on vehicle insurance (an index of 128, where 100 is the U.S. average) and lowest on memberships, classes and admissions (68).

Which business types have the highest market scores in the Waco, TX metro area?

Of the business types scored in the Waco metro area, landscaping and lawn care companies (77); house cleaning businesses (76); and lawn care, cleaning and pest control companies (75) have the highest Groundwork market scores. For landscaping and lawn care companies, that ranks #22 of 385 scored metro areas.

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

Median household income in the Waco metro area is $66,205, 18% below the U.S. median of $80,734. The population rose 4.2% from 2020 to 2025, against +3.1% for the U.S. The median home value is $234,100, against $332,700 for the U.S. Against the U.S., map listings per household run highest for urgent care and walk-in clinics (2.4 times the U.S. rate) and lowest for yoga, Pilates and fitness studios (50% below the U.S. rate).

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. All 56 business types have a score in the Waco metro area, each ranked against other 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 competitors 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.

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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.