The City of Waco, Best of Central Texas
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Waco
City Services

Demographics

City Of Waco Government: Council/Manager
Population - City of Waco: 120,465
Population - Waco MSA: Waco MSA — 224,668
Population - 100 mile radius: 7.97 million
Population - 50 mile radius: 605,984
Waco Cost Of Living Index: 88.2 (U.S. is 100)
Climate: Semi-tropical with mild winters

Property Information:

Average Home Value (MSA): $89,200
New Housing Starts (MSA):
1,224 (2005)
Total Real Property Value $5,213,823,381 (2005)
Infrastructure Upgrades (Waco): $180,000,000 budgeted for 2006-2011
Capital Improvements Program

Economics & Business:

(For the latest economic facts, click here.)
Waco MSA Business: Number of Businesses — 4,200+
Labor Force:
115,392 (Sept. 2006)
2006 Unemployment Rate: 4.8%
Total Retail Sales: $2,848,257,766 (2005)

Waco Incentives:

WMCEDC Incentives: $5,000,000
TIF Incentives: $935 million awarded through 2006

Targeted Development Areas:

Brazos River Corridor: 3 Districts
Foreign Trade Zone #246: 3 Areas
Waco Industrial Parks: 3 (4,253 acres total)
MSA Industrial Parks: 6 additional parks (10,017 acres total)

Tax Assessment:

All Taxing Entities 2.84 total per $100 valuation
Waco .6997
McLennan County .4519
Waco ISD 1.5641
McLennan Community College .1211
Public Improvement District #1 .10 per $100 valuation
No state income tax  

Transportation (Waco MSA):

Airports 3 (Waco Regional, TSTC, McGregor Executive)
Major Highways 7 (IH-35, U.S. Hwy. 84, U.S. Hwy. 77, TX St. Hwy. 6, TX St. Hwy. 31,TX St. Hwy. 164, TX Hwy. 317)
Rail 2 Industrial (Union Pacific, Burlington Northern, Santa Fe), 1 passenger (Amtrak)
Bus Service 1 local (Waco Transit), 1 countrywide (Greyhound)
Motor Carriers 20

Public Safety

Firefighters 185
Fire stations 14
Police officers 245 (authorized strength)
Sheriff deputies (MSA) 115

Higher Education:

Higher Education Institutions Baylor University, McLennan Community College (MCC), Texas State Technical College (TSTC)
Higher Education Total Employees 3,600
Number of students enrolled in higher education 26,000

(*2007)

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