Population 3,189 · Census ACS 2020–24
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Population and households in North Lake Waco
Household size in North Lake Waco
| Period | North Lake Waco | Waco | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.64 | 2.64 | 2.87 | 2.68 |
| 2010–14 | 2.97 | 2.65 | 2.93 | 2.73 |
| 2015–19 | 3.11 | 2.70 | 2.95 | 2.71 |
| 2020–24 | 2.85 | 2.62 | 2.83 | 2.65 |
| Change | +0.21 | −0.02 | −0.05 | −0.03 |
The typical household in North Lake Waco holds 2.85 people, more than the U.S. average of 2.65. Since 2006–10, household size has climbed from 2.64, but in a place this small, survey estimates can swing a lot from one release to the next. Few Waco neighborhoods have larger households: only two of 13.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in North Lake Waco
| Period | North Lake Waco | Waco | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 34.6 | 32.4 | 34.7 | 37.7 |
| 2010–14 | 33.6 | 31.9 | 35.4 | 38.6 |
| 2015–19 | 35.9 | 32.0 | 36.1 | 39.6 |
| 2020–24 | 40.1 | 32.9 | 36.7 | 40.1 |
| Change | +5.6 | +0.5 | +2.0 | +2.3 |
At 40.1, the median age in North Lake Waco is the same as the national median, so its age mix looks much like the country's. The population here is older than in Waco as a whole, where the median age is 32.9.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in North Lake Waco
| Period | North Lake Waco | Waco | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 14.0% | 17.3% | 13.7% | 12.3% |
| 2010–14 | 12.1% | 17.1% | 13.7% | 12.3% |
| 2015–19 | 8.2% | 16.5% | 13.1% | 11.6% |
| 2020–24 | 9.7% | 14.9% | 12.9% | 11.6% |
| Change | −4.2 pts | −2.4 pts | −0.8 pts | −0.6 pts |
Single parents head about one in ten households in North Lake Waco (9.7%), a little below the national share of 11.6%. Few Waco neighborhoods have a lower share of single-parent households: only two of 13.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in North Lake Waco
Renters in North Lake Waco
| Period | North Lake Waco | Waco | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 29.6% | 51.8% | 35.2% | 33.3% |
| 2010–14 | 25.1% | 53.5% | 37.3% | 35.6% |
| 2015–19 | 26.4% | 53.4% | 38.0% | 36.0% |
| 2020–24 | 17.6% | 51.2% | 37.4% | 34.8% |
| Change | −12.0 pts | −0.6 pts | +2.3 pts | +1.5 pts |
North Lake Waco is largely a place of homeowners: only 17.6% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Among homeowners, 33.1% have no mortgage at all, below the national share of 39.8%. No other Waco neighborhood has a lower share of renters.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in North Lake Waco
| Period | North Lake Waco | Waco | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.1% | 13.5% | 11.8% | 11.4% |
| 2010–14 | 4.8% | 12.8% | 10.9% | 11.4% |
| 2015–19 | 9.8% | 12.6% | 10.9% | 11.1% |
| 2020–24 | 4.2% | 13.3% | 9.4% | 9.6% |
| Change | −2.9 pts | −0.2 pts | −2.4 pts | −1.8 pts |
Empty homes are scarce in North Lake Waco: just 4.2% sit vacant, compared with 9.6% nationally, a sign of a tight housing market. No other Waco neighborhood has a lower vacancy rate.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in North Lake Waco
| Period | North Lake Waco | Waco | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 1995 | 1969 | 1983 | 1974 |
| 2010–14 | 1995 | 1970 | 1985 | 1975 |
| 2015–19 | 2000 | 1972 | 1987 | 1977 |
| 2020–24 | 2004 | 1977 | 1992 | 1980 |
| Change | +9 | +9 | +8 | +6 |
Much of the housing in North Lake Waco is relatively new: half of its homes were built after 2004, compared with 1980 for the U.S. as a whole. No other Waco neighborhood has newer homes.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in North Lake Waco
| Period | North Lake Waco | Waco | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | $979 | $743 | $921 | $965 |
| 2010–14 | $985 | $781 | $1,005 | $1,040 |
| 2015–19 | $1,147 | $895 | $1,178 | $1,213 |
| 2020–24 | $1,753 | $1,224 | $1,560 | $1,571 |
| Change | +$775 | +$481 | +$639 | +$606 |
The median renter in North Lake Waco pays $1,753 a month for rent and utilities, above the national median of $1,571. Rent takes 30.2% of the typical renter's income, just over the 30% mark often used to define affordable rent. No other Waco neighborhood has higher rents.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in North Lake Waco
Bachelor's degrees in North Lake Waco
| Period | North Lake Waco | Waco | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 28.4% | 20.7% | 27.0% | 28.4% |
| 2010–14 | 25.7% | 21.9% | 27.9% | 29.6% |
| 2015–19 | 33.4% | 22.3% | 30.0% | 32.1% |
| 2020–24 | 32.0% | 26.2% | 34.0% | 35.6% |
| Change | +3.6 pts | +5.5 pts | +7.1 pts | +7.2 pts |
Nearly a third of adults 25 and older in North Lake Waco (32.0%) have a bachelor's degree or higher, a little below the national share of 35.6%. Even so, the share is higher than in Waco as a whole (26.2%).
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in North Lake Waco
| Period | North Lake Waco | Waco | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 86.5% | 74.2% | 80.7% | 84.9% |
| 2010–14 | 94.5% | 78.1% | 82.0% | 86.1% |
| 2015–19 | 95.8% | 81.0% | 83.6% | 87.7% |
| 2020–24 | 94.9% | 85.0% | 85.8% | 89.3% |
| Change | +8.3 pts | +10.8 pts | +5.1 pts | +4.3 pts |
High school completion is high in North Lake Waco: 94.9% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. North Lake Waco has a higher share of high school graduates than most Waco neighborhoods.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in North Lake Waco
| Period | North Lake Waco | Waco | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.4% | 9.4% | 7.0% | 8.1% |
| 2010–14 | 3.9% | 8.6% | 7.7% | 9.4% |
| 2015–19 | 3.7% | 5.3% | 5.1% | 5.6% |
| 2020–24 | 1.8% | 4.7% | 5.3% | 5.4% |
| Change | −2.6 pts | −4.7 pts | −1.7 pts | −2.7 pts |
The job market in North Lake Waco has been strong: just 1.8% of the labor force was out of work and looking, well below the national rate of 5.4%. Only one other Waco neighborhood has lower unemployment. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
North Lake Waco compared with nearby neighborhoods
| Neighborhood | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| North Lake Waco | 2.85 | 40.1 | 9.7% | 17.6% | 4.2% | 2004 | $1,753 | 32.0% | 94.9% | 1.8% |
| Cedar Ridge | 2.14 | 42.1 | 4.1% | 69.2% | 12.6% | 1969 | $922 | 22.7% | 87.0% | 9.0% |
| Landon Branch | 2.12 | 46.1 | 9.8% | 42.1% | 12.4% | 1975 | $1,526 | 42.1% | 95.4% | 5.0% |
| North Waco | 2.97 | 28.6 | 19.5% | 33.5% | 14.6% | 1962 | $1,075 | 10.7% | 70.7% | 2.7% |
| Carver | 2.52 | 31.4 | 37.5% | 73.5% | 11.0% | 1980 | $1,052 | 10.8% | 74.4% | 6.0% |
| Brookview | 2.75 | 33.6 | 7.2% | 38.0% | 16.9% | 1954 | $1,558 | 19.9% | 78.2% | 5.7% |
| Parkdale Viking Hills | 2.27 | 43.0 | 11.9% | 48.4% | 23.7% | 1976 | $1,314 | 37.6% | 98.3% | 2.9% |
| Richland Hills | 1.75 | 32.8 | 11.1% | 97.4% | 14.9% | 1980 | $955 | 23.6% | 91.6% | 4.9% |
| University | 3.18 | 36.5 | 17.3% | 22.9% | 8.7% | 1961 | $1,002 | 4.8% | 65.0% | 1.3% |
| Baylor | 2.71 | 22.1 | 13.4% | 94.9% | 14.5% | 1991 | $1,264 | 67.0% | 96.6% | 2.2% |
| Kendrick | 2.57 | 30.3 | 14.3% | 47.2% | 13.3% | 1978 | $1,299 | 17.5% | 80.4% | 4.8% |
All figures 2020–24.
Neighborhoods with similar populations: Boston Edison, Detroit, MI · Tri-Lakes, Woodmoor, CO · Urbanizacion Bayamon Gdns, Bayamon, PR · Columbia San Diego, San Diego, CA · The Palisades, Washington, DC · Tara Hills, San Pablo, CA · Briarwood, Little Rock, AR · Bonneville Hills, Salt Lake City, UT · 1st Ward, Portsmouth, OH · Argyle Park, Columbus, OH
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up North Lake Waco. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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