Find property management in Waco, TX
Learn what to look for, compare Waco management companies, and get free quotes.
The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.
Waco Property Managers (23)
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Market Info
Waco Management Companies
Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Waco property management companies to find and get quotes from multiple property managers in Waco, Texas. You can also read our guide to hiring a property manager which covers everything from understanding the property management fee to breaking down property management contracts.
Housing Market Stats
Waco | Texas | U.S. | |
---|---|---|---|
Median Home Value | $98,600 | $119,400 | $192,400 |
Owner Costs > 30% Income | 10.8% | 13.4% | 14.7% |
Gross Rent > 30% Income | 15.5% | 19% | 19.2% |
Waco Housing Market Stats
As of 2008, the rental vacancy rate in Waco stood at 8%, relatively high compared to the rest of the country. There are about 91,927 housing units, averaging $98,600 in value, 39% of which are occupied by renters. The rent to price ratio in Waco is 0.7%, slightly higher than the Texas average. For 16% of Waco tenants, 30% or more of their income goes to paying rent.
Demographic Stats
Waco | Texas | U.S. | |
---|---|---|---|
Avg Commute Time (minutes) | 18.2 | 24 | 25.3 |
Median Age | 31.9 | 32.5 | 36.7 |
Avg Household Size - Owners | 2.79 | 2.95 | 2.7 |
Avg Household Size - Renters | 2.48 | 2.57 | 2.42 |
Median Household Income | $40,342 | $47,241 | $52,175 |
Per Capita Income | $20,384 | $24,447 | $27,466 |
Waco Demographic Info
Waco has a population of 227,911, comprised of 82,137 households, with on average 3 members per household. Out of approximately 111,349 people in the civilian workforce, 104,187 (94%) were employed in 2008. 80% of the population 25 and older has earned a high school diploma, with 20% holding a 4 year college degree.