Waco, NE Profile: Facts & Data

Waco, Nebraska - Basic Facts

The Village of Waco had a population of 254 as of July 1, 2024.

The primary coordinate point for Waco is located at latitude 40.897 and longitude -97.4634 in York County. The formal boundaries for the Village of Waco encompass a land area of 0.23 sq. miles and a water area of 0 sq. miles. York County is in the Central time zone (GMT -6).

The Village of Waco has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Waco is located within Waco Election Precinct, a minor civil division (MCD) of York County.

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Waco, NE Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	254 (100%)
Population in Households	216 (85.0%)
Population in Families	168 (66.1%)
Population in Group Quarters¹	38 (15.0%)
Population Density	1,009
Diversity Index²	15


INCOME
Median Household Income	$80,022
Average Household Income	$105,604
% of Income for Mortgage⁴	16%
Per Capita Income	$45,490
Wealth Index⁵	112
Socioeconomic Status Index⁶	Moderate (52.3)

HOUSING
Total HU (Housing Units)	118 (100%)
Owner Occupied HU	92 (78.0%)
Renter Occupied HU	17 (14.4%)
Vacant Housing Units	9 ( 7.6%)
Median Home Value	$200,000
Average Home Value	$213,315
Housing Affordability Index³	151

HOUSEHOLDS
Total Households	109
Average Household Size	1.98
Family Households	72
Average Family Size	2.00

HOUSING

Total HU (Housing Units)

118 (100%)

Owner Occupied HU

92 (78.0%)

Renter Occupied HU

17 (14.4%)

Vacant Housing Units

9 ( 7.6%)

Median Home Value

$200,000

Average Home Value

$213,315

Housing Affordability Index³

151

HOUSEHOLDS

Total Households

109

Average Household Size

1.98

Family Households

Average Family Size

2.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-3.54%	-0.72%
Households	-0.64%	-0.56%
Families		0.00%
Median Household Income		5.91%
Per Capita Income		2.41%
Owner Occupied HU		-2.51%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-3.54%

-0.72%

Households

-0.64%

-0.56%

Families

0.00%

Median Household Income

5.91%

Per Capita Income

2.41%

Owner Occupied HU

-2.51%

Waco, NE - Peer Comparisons by Rank and Percentile

The table below compares Waco to the other 593 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 293	51st
Population Density	# 201	66th
Median Household Income	# 172	71st
Housing Affordability Index	# 454	77th
Per Capita Income	# 125	79th
Diversity Index	# 413	30th

Variable Description

Rank

Percentile

Total Population

# 293

51st

Population Density

# 201

66th

Median Household Income

# 172

71st

Housing Affordability Index

# 454

77th

Per Capita Income

# 125

79th

Diversity Index

# 413

30th

Nebraska Census Data Comparison Tool

Waco, NE Profile: Facts & Data

Waco, Nebraska - Basic Facts

Waco, NE Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Waco, NE - Peer Comparisons by Rank and Percentile

Waco, NE - Most Popular Things to Do

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