Waco, Texas — ZIP 76704
McLennan County, Waco, TX. Home values and rents from Zillow research data, demographics from the Census ACS, and a 12-month appreciation forecast from our own model.
Heat Score
60/ 95
Neutral Market
Typical Home Value
$117K
-2.7% year over year
12-Month Forecast
-2.2%
to $114K
Gross Rental Yield
14.3%
Annual rent divided by home value
Typical home value
Aug 2023 – Aug 2026 · Zillow ZHVI · hover or use arrow keys
$114,489$137,620
How reliable is this forecast?
Backtested against this ZIP's own history, the model was off by an average of 5.47%. It also beat a seasonal-naive baseline here.
Who lives here
- Population
- 7,450
- Median household income
- $19,966
- Unemployment
- 6.6%
- Owner-occupied
- 33%
Source: U.S. Census Bureau, ACS 5-year estimates.
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Not financial advice. For informational purposes only.