Interested in purchasing investment houses in the 76707 zip code in Waco, TX?
The zip code 76707 is in McLennan county with a latitude of -97.158180000000 and longitude of 31.553710000000, is in the state of Texas. The average asking price of houses and condos is $75,442.00 and the average sale price was $75,500.00. this regions is classified as the Waco - Temple - Bryan metro area and is in the 254 area code. The location in degrees is 31° 33' 13.356" N, 97° 9' 29.448" W. The county F.I.P.S. is 48309. The total land area is 3.3 square miles and the water area is 0.0 square miles. The elevation in this area is 459 - 512 feet. The zip code is on central standard time and observes daylight savings time.
The zip 76707 is in county number 309 and is L. Sector 00, L. Segment 01, H. Sector 19, and H. Segment 19. The population was 15,859 in 2019 and 16,697 in 2010. This further breaks down to 7,628 males (48.1%) and 8,230 females (51.9%). The median age of residents is 28.8 years. The population of the greater Waco, TX area is 232,003. The population density (people per square mile) is 4,858. This zip code has a combined total of 6,276 houses and condos. There are 2,887 rented appartments. 54% of residents rent versus the 54% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $25,050 and the average salary is $23,603. The median household income of individuals is $29,717.00 and the average is $29,870.00. This zip code has a mean commute time to work of 17.4 minutes. The unemployment rate is 5.3%. Income earners by percent breakdown as 76.10% (Under $50,000), 19.30% ($50,000-$100,000), and 4.50% earn over $100,000. 32.9% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 84.4. The educational breakdown is 68.1% have a high school education or higher, 14.8% have a bachelor's degree or higher, and 5.5% have some kind of profesional degree.
This area has 5,383 households and the average size is 3.0 people. Individuals who are single and have never been married are 42.1%, 37.0% are now married, 2.8% are separated, 6.0% are widowed, and 12.1% are divorced. The average yearly contribution amount given by people to charity was $5,888 versus the state average of $6,808. The percent of residents who gave to charity was 3.7%.
The estimated median value of houses and condos is $86,027. The median monthly owner costs of mortgage holders was $950, where as the costs for those who don't have a mortgage are $389. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 1.6% which equated to an average real estate tax amount payment of $1,374. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $3,390. The median housing property tax percent for residents with mortgages was 1.7% which amounted to an average tax amount of $1,645. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.5% which amounted to an average tax amount of $1,044. Reported taxable interest for persons was $583, dividends $3,642, capital gains +$660, and itemized deductions $15,287. The average earned income tax credit is $2,716. The percent of individuals that use a tax preparer is 44.6%. The total average income taxes paid by individuals was $3,321. Businesses reported an average profit of $9,119.
World Cup Cafe
1321 N 15th St, Waco, TX 76707
Fazoli's
215 Mary Ave, Waco, TX 76701 (1.1 miles away)
Jon Lillies Steakhouse
5102 N 19th St, Waco, TX 76708 (2 miles away)
Outback Steakhouse
4500 Franklin Ave, Waco, TX 76710 (2.2 miles away)
Catfish King
1201 S Valley Mills Dr, Waco, TX 76711 (2.4 miles away)
D & J Seafood
820 E Waco Dr, Waco, TX 76704 (2.7 miles away)