Electric Consumer

Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EPA eGRID, Census ACS, DOE LEAD, NOAA · How we got these numbers · Report an error

Electricity rates in Waco, Texas

Waco, TX ranks 4 of 108 Texas cities for the youngest residents (median age 29.2). Waco, Texas has 141,925 residents in 52,980 households; 65.7% heat with electricity.

Households in Waco, TX can pick a supplier. How to compare.

Waco on the map

McLennan County with Waco markedMcLennanWaco

McLennan County, with Waco marked

Who supplies Waco

McLennan County lists 5 utilities for Waco, TX, a city of 141,925: no plan prices, Oncor Electric Delivery Company LLC and Texas-New Mexico Power Co deliver power here as a wires company and you choose only the supplier. McLennan County page.

Who lives in Waco: income, cars, homes

In Waco, TX, 18,923 of 52,980 households earn under $35,000, 15,719 $35,000-$75,000, 12,668 $75,000-$150,000 and 5,670 $150,000 or more. In Waco, TX, 3,697 households own no vehicle and 28,022 own two or more; home EV charging depends on that. 32,047 residents of Waco, TX live below the poverty line, and the median age is 29.2. Waco, TX homes: 32,821 have 3+ bedrooms, 10,110 none or one, median 5.2 rooms. In Waco, TX, 14,352 of 25,454 renter households pay 30% or more of income in rent; 24,171 households moved in since 2018 and 7,381 before 2000, so electric accounts turn over quickly. Of 65,005 workers in Waco, TX, 5,505 work from home, 50,247 drive alone, 420 ride transit and 1,844 walk.

Household income in Waco, TX

% of households by income, Waco, TX

  • Under $35,00035.7
  • $35,000 to $75,00029.7
  • $75,000 to $150,00023.9
  • $150,000 or more10.7
Waco, TX households against Texas cities with 30,000+ residents
Waco, TXValueRank in Texas
Waco, TX, households under $35,00035.7%8 of 108
Waco, TX, households $150,000 or more10.7%91 of 108
Waco, TX, residents below poverty24.0%12 of 108
Waco, TX, median age29.2105 of 108
Waco, TX, homes with 3+ bedrooms54.5%90 of 108
Waco, TX, households without a vehicle7.0%20 of 108
Waco, TX, households with 2+ vehicles52.9%99 of 108
Waco, TX, workers at home8.5%74 of 108
Waco, TX, cost-burdened renters56.4%22 of 108
Waco, TX, moved in since 201845.6%32 of 108
Waco, TX, moved in before 200013.9%61 of 108

Facts about Waco

Residents of Waco, TX, ACS 2023
141,92523 of 108 Texas cities with 30,000+
Median household income in Waco, TX
$51,468101 of 108 of those cities
Households in Waco, TX
52,9802.68 people each
Owner-occupied homes in Waco, TX
48.9%25,913 owners and 27,067 renter households
Housing units in Waco, TX
60,2567,276 vacant or seasonal
Homes heated by electricity in Waco, TX
65.7%34,821 of 52,980 homes
Land area of Waco, TX
91.0 sq mi1,559.5 people per sq mi
Bill as share of income in Waco, TX
3.8%at 1,096 kWh a month over the $51,468 median household income
Wind and tornado reports within 15 miles of Waco, TX
55NWS point reports 2015 to 2025, 38.8 per 100,000 residents
Median year homes were built in Waco, TX
197732,474 of 60,256 homes (53.9%) before 1980
Median home value and rent in Waco, TX
$199,600$1,098 gross rent a month, 6.60% of value a year

Housing and heating in Waco

Waco, TX: 32,474 of 60,256 homes were built before 1980 and 16,227 in 2000 or later. Waco, TX has 35,599 detached houses, 16,573 homes in 5+ unit buildings and 725 mobile homes.

Age of homes in Waco, TX

% of homes by decade built, Waco, TX

  1. 6pre-40
  2. 640s
  3. 1650s
  4. 1260s
  5. 1470s
  6. 1180s
  7. 890s
  8. 1100s
  9. 1510s
  10. 120+

Heating fuel in Waco, TX

% of homes by main fuel, Waco

  • Electricity65.7
  • Utility gas32.5
  • Propane1.1
Waco, TX housing against its county and state cities
Waco, TXValueCountyGapRank
Waco, TX, median year built19771982-5 years100 of 108
Waco, TX, built before 198053.9%47.8%+6.1 points13 of 108
Waco, TX, built 2000 or later26.9%26.6%+0.4 points77 of 108
Waco, TX, detached houses59.1%67.1%-8.0 points82 of 108
Waco, TX, apartments in 5+ unit buildings27.5%17.5%+10.0 points23 of 108
Waco, TX, mobile homes1.2%5.7%-4.5 points78 of 108
Waco, TX, renter households51.1%38.8%+12.3 points14 of 108
Waco, TX, median home value$199,600$219,200-$19,60078 of 108
Waco, TX, median gross rent a month$1,098$1,106-$886 of 108
Waco, TX, people per household2.522.65-0.1381 of 108

Cost of living with electricity in Waco

Waco, TX: 52,980 households at $1,969 a year per home for electricity (McLennan County average, DOE LEAD) come to about $104.3 million, an estimate; all home energy is $2,320 a year per household.

Home energy cost, Waco, TX
Group in Waco, TXHouseholdsPower per homePower bill of the groupShare of Waco, TX median income
Waco, TX, all households52,980$1,969$104.3 million3.83%
Waco, TX, homeowners25,913$2,322$60.2 million4.51%
Waco, TX, renters27,067$1,449$39.2 million2.82%

Outage risk around Waco

Waco, TX, NWS reports within 15 miles of the centre, 2015 to 2025: 49 wind and 6 tornado, 38.8 per 100,000 residents of 141,925. Top gust near Waco, TX: 70 knots, 81 mph. Damage near Waco, TX: $558K.

Reports within 15 miles of Waco, TX

wind and tornado reports, Waco, TX

  1. 2'15
  2. 6'16
  3. 2'17
  4. 0'18
  5. 4'19
  6. 4'20
  7. 3'21
  8. 3'22
  9. 10'23
  10. 9'24
  11. 12'25
Storm reports near Waco, TX
Waco, TXWindTornadoTotal
Waco, TX, 2015202
Waco, TX, 2016606
Waco, TX, 2017202
Waco, TX, 2019404
Waco, TX, 2020314
Waco, TX, 2021303
Waco, TX, 2022303
Waco, TX, 20238210
Waco, TX, 2024729
Waco, TX, 202511112

Analyst note on Waco

Household income in Waco, TX is $51,468; 25,913 of its 52,980 households own. Waco, TX counts 141,925 residents in 52,980 households, on 91.0 square miles. 34,821 of the 52,980 occupied homes in Waco, TX heat with electricity.

Waco, TX has 60,256 housing units, 7,276 of them vacant or seasonal. Waco, TX ranks 7 of 108 Texas cities for the oldest homes (median year built 1977). Waco, TX ranks 8 of 108 Texas cities for the lowest median household income ($51,468).

Waco, TX ranks 8 of 108 Texas cities for households earning under $35,000 (35.7%).

Bill and heat pump calculator, Waco

Compare Waco with nearby cities

Nearest Texas cities with 30,000+ residents to Waco, TX
City near Waco, TXDistance from WacoResidentsMedian incomeMedian year builtMedian home valueStorm reports within 15 milesWork from home
Waco, TX (this page)0 mi141,925$51,4681977$199,600558.5%
Temple, TX33.6 mi south86,358 (-55,567)$64,945 (+$13,477)1990 (+13 yr)$220,300 (+$20,700)41 (-14)9.3% (+0.9 pts)
Harker Heights, TX43.8 mi southwest33,595 (-108,330)$82,685 (+$31,217)2000 (+23 yr)$269,000 (+$69,400)37 (-18)9.0% (+0.5 pts)
Killeen, TX46.1 mi southwest156,144 (+14,219)$58,339 (+$6,871)1995 (+18 yr)$196,000 (-$3,600)29 (-26)7.6% (-0.9 pts)
Copperas Cove, TX52.4 mi southwest37,149 (-104,776)$68,900 (+$17,432)1990 (+13 yr)$167,900 (-$31,700)29 (-26)8.8% (+0.4 pts)
Cleburne, TX56.6 mi north32,966 (-108,959)$66,324 (+$14,856)1981 (+4 yr)$200,900 (+$1,300)68 (+13)2.2% (-6.2 pts)

ZIP codes in Waco

ZIP area touching Waco, TXShare of the ZIP's land inside WacoShare of Waco's land in the ZIP
76708 (Waco, TX)50.6%27.4%
76712 (Waco, TX)31.0%18.3%
76706 (Waco, TX)13.6%11.1%
76710 (Waco, TX)100.0%10.5%
76705 (Waco, TX)7.1%9.5%
76704 (Waco, TX)100.0%6.1%
76657 (Waco, TX)2.7%4.2%
76711 (Waco, TX)82.6%3.7%
76707 (Waco, TX)100.0%3.7%
76633 (Waco, TX)5.0%3.2%
76701 (Waco, TX)100.0%1.3%
76798 (Waco, TX)100.0%0.1%

Census 2020 ZCTA to place land-area overlap. Look up any ZIP.

Texas: home prices since 2001, planned plants.

Questions on Waco

Waco: what is the electricity rate?

No single rate in Waco, TX: Texas households pick a supplier and plan, and McLennan County lists 5 utilities.

Waco: how does it rank among Texas cities?

Waco, TX: rank 23 of 108 by its 141,925 residents, rank 101 of 108 by $51,468 median income.

Waco: how many homes heat with electricity?

Waco, TX: 34,821 of 52,980 occupied homes, 65.7%; McLennan County 69.5%.

Waco: how much income goes to electricity?

At 1,096 kWh a month, 3.8% of the $51,468 median income in Waco, TX.

Waco: can I choose a supplier?

In most of Texas yes; municipal and co-op areas around Waco, TX may be closed.

Waco: damaging storms reported nearby?

55 NWS wind and tornado reports within 15 miles of the centre of Waco, TX, 2015 to 2025, 38.8 per 100,000 residents.

How old are the homes in Waco?

Waco, TX: median home built 1977; 32,474 of 60,256 homes (53.9%) predate 1980, 35,599 are detached and 16,573 sit in buildings of 5+ units.

How many households in Waco, TX earn under $35,000?

18,923 of 52,980, against 5,670 at $150,000 or more.

How many Waco, TX households have no car?

3,697 households; 28,022 have two or more.

How many residents of Waco, TX live below the poverty line?

32,047 residents.

Primary sources for Waco, TX

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Waco, TX ranks 4 of 108 Texas cities for the youngest residents (median age 29.2).