Average Salary in Waco, TX
Across the 411 professional occupations we track, the median salary in Waco is $90,000/year. Waco, Texas offers career opportunities with no state income tax. All figures are Waco-specific, adjusted for local cost of living and updated quarterly from BLS and H-1B disclosures.
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Working in Waco, Texas: Salary Guide (2026)
Waco is home to the WacoβTX metropolitan area with a population of 138,000. The city has a cost of living index of 82 (US average = 100), meaning salaries go approximately 18% further here than in an average US city.
One of the most significant financial advantages of working in Waco is Texas's complete absence of a state income tax. Workers here keep 5β9% more of their earnings compared to peers in California (9.3% state tax), New York (6.85%), or Illinois (4.95%).
Top-paying industries in Waco
Texas's largest industries include energy (particularly oil & gas in the Houston area), technology (Austin is the fastest-growing tech hub in the US), healthcare, and aerospace. Petroleum engineers in Waco earn among the highest salaries in the nation.
Waco salary FAQ
What is the average salary in Waco, TX?
Pay in Waco varies widely by occupation. Across the 411 professional roles we track, the median salary is about $90,000 per year β adjusted for Waco's cost of living (index 82, where 100 is the US average) and Texas's lack of a state income tax. Use the tables above to see the median for a specific job title.
Which jobs pay the most in Waco?
Among the roles we track, Oral Surgeon is the highest-paying in Waco at a median of $380,000 per year. Technology, healthcare, and finance roles generally top the list.
Does Waco have a state income tax?
No β Texas has no state income tax, so workers in Waco keep more of their paycheck than peers in high-tax states like California (up to 13.3%) or New York.
How far does a salary go in Waco?
Waco's cost of living index is 82 (US average = 100), so a dollar stretches about 18% further here than in an average US city. A $90,000 salary here has roughly the buying power of $109,756 in an average-cost city.