McLennan County

McLennan County has the Pulse of Economic Growth in the Heart of Texas

McLennan County has the pulse of economic growth in the Heart of Texas Region. Waco and the Waco Metropolitan Statistical Area is the strongest industrial and commercial center within the area.

McLennan County and Waco are located in central Texas along the I-35 corridor, approximately halfway between Dallas-Fort Worth and Austin, within 200 miles of all major metropolitan areas in Texas.

McLennan County is the most populated county in the Heart of Texas Region, with a 2019 population of 256,623. Waco is the county seat and largest city in McLennan County, with an estimated population of 139,236. The 2019 Waco MSA population was estimated by the U.S. Census Bureau to be 273,920. And significant growth is expected for the area. In 2017, the economic consultant organization, The Perryman Group, forecasted the MSA population to reach 323,000 by 2040.

Like regions across the country, unemployment in McLennan County has increased somewhat in 2020 due to the COVID-19 pandemic. The Texas Workforce Commission reported that McLennan County had a total Civilian Labor Force of 122,801 in November 2020, with an unemployment rate of 6.6%, significantly lower than the Texas total of 8% unemployed. In comparison, McLennan County unemployment was 3.1% in November 2019.

McLennan County is a balanced economic region, with a range of business sectors centered around Waco. Major business clusters include manufacturing and food and beverage production, with major employers like Allergan, Cargill Foods, L-3 Integrated Systems, Mars Chocolate North America, Pilgrim’s Pride and Sanderson Farms. The area continues to grow with new investments, with available land centered in Waco at three industrial parks, the Texas Central Park, Waco International Aviation Park and Waco Regional Airport Industrial Park. The 11-th largest Christian university in the country, Baylor University, is in Waco and offers a collaborative partnership with the area fostering high technology developments.

McLennan County has historically placed a large significance on developing a favorable mix between urban and rural amenities. For example, Waco is a fantastic city for people of all ages. Cameron Park at 416 acres and located near the Brazos River is one of the nicest urban parks in the state. It includes the Cameron Park Zoo and many trails. Many cultural amenities can be found in and around Waco, from the Waco Symphony Orchestra to the Mayborn Museum and Dr. Pepper Museum & Free Enterprise Institute. The Lake Waco reservoir is located on the western edge of Waco and offers numerous outdoor and leisure opportunities.

Click on the cities within McLennan County for more information:

Population

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Population

Population2000201020232028
McLennan County213,517234,906268,621275,760

Source: ESRI, 2023-10-17

Population by Age

Population201020232028
0-416,64216,57117,038
5-916,48317,21917,270
10-1416,27517,05417,697
15-1920,60419,75419,863
20-2423,22324,99025,132
25-2916,18618,72317,367
30-3414,19318,18717,717
35-3913,46916,86818,338
40-4413,34615,76916,953
45-4915,12813,62515,723
50-5415,07713,91013,592
55-5913,69015,12613,777
60-6411,33115,59614,340
65-698,45214,08214,552
70-746,73611,70612,842
75-795,5218,28710,192
80-844,3635,5836,899
85+4,1875,5716,468
18+175,161207,679213,575
Median Age333637

Source: ESRI, 2023-10-17

Population by Race

McLennan County2023
Total268,621.00
White Alone58.26
Black Alone15.20
American Indian Alone0.98
Asian Alone2.12
Pacific Islander Alone0.07
Some Other Race11.17
Two or More Races12.19
Hispanic Origin27.05
Diversity Index76.40

Source: ESRI, 2023-10-17

Growth Rate

McLennan County2023 - 2028
Population0.53%
Households0.67%
Families0.67%
Median Household Income2%
Per Capita Income3%

Source: ESRI, 2023-10-17

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Housing

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Households

Population2000201020232028
Households78,85986,892100,068103,488
Housing Units84,79595,124109,881113,292
Owner Occupied Units60,86663,241
Renter Occupied Units39,20240,247
Vacant Units9,8139,804

Source: ESRI, 2023-10-17

Home Value

McLennan County20232028
Median Home Value$210,604$286,214
Average Home Value$260,416$329,504
<$50,0003,7501,729
$50,000 - $99,9996,7572,730
$100,000 - $149,9997,9153,816
$150,000 - $199,99910,3007,843
$200,000 - $249,9998,0379,260
$250,000 - $299,9996,0828,610
$300,000 - $399,9998,29113,409
$400,000 - $499,9993,5536,203
$500,000 - $749,9994,8237,748
$1,000,000 +121164

Source: ESRI, 2023-10-17

Housing Year Built

Year RangeHouses Built
2010 or Later11,060
2000-200912,444
1990-199912,031
1980-198916,123
1970-197917,797
1960-196911,887
1950-195913,755
1940-19494,749
1939 or Before4,928

Source: ESRI, 2023-10-17

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Income

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Income

McLennan County20232028
Median Household$60,096$67,722
Average Household$88,821$100,686
Per Capita$33,197$37,892

Source: ESRI, 2023-10-17

Household Income Base

McLennan County2023
<$15,00010,166
$15,000 - $24,9998,806
$25,000 - $34,99910,160
$35,000 - $49,99911,341
$50,000 - $74,99919,064
$75,000 - $99,99911,366
$100,000 - $149,99913,886
$150,000 - $199,9999,255
$200,000+6,023

Source: ESRI, 2023-10-17

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Employees

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Commute

CategoryCommuters
Workers 16+116,214
In-County Residents107,841
Out-of-County Residents7,752
Drive Alone95,155
Carpooled10,487
Public Transport632
Work at Home6,634
Less than 5 minutes2,978
5-9 minutes14,241
10-14 minutes19,157
15-19 minutes27,066
20-24 minutes17,665
25-29 minutes7,705
30-34 minutes10,682
35-39 minutes1,702
40-44 minutes1,450
45-59 minutes2,560
60-89 minutes2,057
90+ minutes2,317
Average Travel Time20

Source: ESRI, 2023-10-17

Source: ESRI, 2023-10-17

Employees by NAICS

CategoryNumber
Total Employees123,914
Agr/Forestry/Fish/Hunt755
Mining33
Utilities546
Construction6,636
Manufacturing8,916
Wholesale Trade6,897
  
Retail Trade14,378
Motor Veh/Parts Dealers2,011
Furn & Home Furnish Str600
Electronics & Appl Store396
Bldg Matl/Garden Equip1,078
Food & Beverage Stores1,750
Health/Pers Care Stores871
Gasoline Stations571
Clothing/Accessory Store954
Sports/Hobby/Book/Music2,134
General Merchandise Str4,013
Misc Store Retailers0
Nonstore Retailers0
  
Transportation/Warehouse3,302
Information2,447
  
Finance & Insurance4,994
Cntrl Bank/Crdt Intrmdtn2,450
Sec/Cmdty Cntrct/Oth Inv560
Insur/Funds/Trusts/Other1,984
  
Real Estate/Rent/Leasing2,284
Prof/Scientific/Tech Srv7,135
Legal Services940
Mgmt of Comp/Enterprises372
Admin/Support/Waste Mgmt2,082
Educational Services13,821
HealthCare/Social Assist17,632
Arts/Entertainment/Rec2,321
  
Accommodation/Food Srvcs11,698
Accommodation1,162
Food Srv/Drinking Places10,536
  
Other Srv excl Pub Admin7,134
Auto Repair/Maintenance1,059
Public Administration Emp10,033

Source: ESRI, 2023-10-17

Educational Attainment (25+)

McLennan County2023
Some High School12,393
Graduated High School39,702
Associates Degree20,119
Bachelor's Degree32,169
Graduate Degree18,296

Source: ESRI, 2023-10-17

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Businesses

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Businesses by NAICS

CategoryNumber
Total Businesses8,981
Agr/Forestry/Fish/Hunt Bus48
Mining Bus7
Utilities Bus37
Construction Bus609
Manufacturing Bus308
Wholesale Trade Bus318
  
Retail Trade Bus1,327
Motor Veh/Parts Dealers Bus217
Furn & Home Furnish Str Bus76
Electronics & Appl Store Bus36
Bldg Matl/Garden Equip Bus95
Food & Beverage Stores Bus199
Health/Pers Care Stores Bus109
Gasoline Stations Bus66
Clothing/Accessory Store Bus153
Sports/Hobby/Book/Music Bus218
General Merchandise Str Bus158
Misc Store Retailers Bus0
Nonstore Retailers Bus0
  
Transportation/Warehouse Bus187
Information Bus158
  
Finance & Insurance Bus574
Cntrl Bank/Crdt Intrmdtn Bus233
Sec/Cmdty Cntrct/Oth Inv Bus115
Insur/Funds/Trusts/Other Bus226
  
Real Estate/Rent/Leasing Bus445
Prof/Scientific/Tech Srv Bus644
Legal Services Bus178
Mgmt of Comp/Enterprises Bus36
Admin/Support/Waste Mgmt Bus266
Educational Services Bus275
HealthCare/Social Assist Bus751
Arts/Entertainment/Rec Bus178
  
Accommodation/Food Srvcs Bus744
Accommodation Bus97
Food Srv/Drinking Places Bus647
  
Other Srv excl Pub Admin Bus1,165
Auto Repair/Maintenance Bus221
Public Administration Bus312

Source: ESRI, 2023-10-17

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