McLennan County, Texas
Income Data
At a Glance
How McLennan County Compares
Detailed Income Statistics
Data Story
About Household Income in McLennan County, Texas
McLennan Trails National Income Average
McLennan County's median household income of $63,888 sits 14.5% below the U.S. median of $74,755. While the county underperforms nationally, it ranks competitively within Texas's income spectrum and reflects the economic diversity of Central Texas communities.
Slightly Below Texas Average
At $63,888, McLennan's median household income falls just 1.3% below Texas's state average of $64,737. The county's per capita income of $33,019 is virtually aligned with the state average of $33,197, suggesting balanced earning potential across residents.
Middle Ground in Central Texas
McLennan outpaces nearby Milam County ($59,076) and Mitchell County ($56,033) but trails Medina County ($73,462) and significantly lags Midland County's $93,984. The county's income positioning reflects its role as a mid-sized regional hub anchored by Waco.
Rent Remains Manageable for Most
McLennan's rent-to-income ratio of 20.8% indicates that renters spend roughly one-fifth of earnings on housing—within the broadly accepted 30% affordability threshold. Median home values of $219,200 remain accessible for households earning the county median, though homeownership requires careful financial planning.
Build Long-Term Financial Security
With a median household income of $63,888, McLennan households have room to prioritize emergency savings, retirement contributions, and wealth-building investments. Starting early with automatic transfers to savings and low-cost index funds can help local families bridge the gap toward long-term prosperity.
Frequently Asked Questions
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Income Comparison Calculator
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.