Waco, TX — income, home value, property tax, and sales tax.
ZIP code 76707, in Waco, sits squarely in working-class territory, with a median household income of $40,443 and per-capita income of $20,060. Homes here center on a median value of $126,200, and owners face an effective property tax rate of 1.43% at the county level. Shoppers pay a combined sales tax of 8.25%. Those earnings and home values trail statewide norms, so the tax load claims a meaningful share of household budgets. Property taxes on a median-valued home run roughly $1,800 annually, while the sales tax adds cost to everyday purchases throughout the area.
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