Waco, TX — income, home value, property tax, and sales tax.
In ZIP code 76705, near Waco, homes carry a median value of $190,600 while the county-level property tax rate sits at 1.43 percent, which works out to roughly $2,726 a year in taxes on a median-priced house. Households here earn a median of $58,236, so that tax bill equals about 4.7 percent of annual income. Per-capita income is $30,390. Combined with an 8.25 percent sales tax rate, these costs shape what buyers can absorb, and the gap between local earnings and home prices influences how far a paycheck stretches.
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