Waco
TX
Comprehensive business data, market statistics, and demographic insights for Waco, TX. Census-backed market intelligence updated annually.
Market Signal Report
Curated Intelligence. We analyzed 362 local industries to isolate distinct economic patterns—from rapid acceleration to uncrowded markets.
These are not random picks. We filtered the census database to identify the strongest statistical match for distinct economic strategies.
- > High Momentum (Biz Count Growth)
- > Supply Gaps (Low Competition)
- > Market Anchors (High Volume)
Professional Employer Organizations
While the average sector grew flat, Professional Employer Organizations surged 2.0% from 2018 vs 2023. This is the fastest-moving opportunity in the market.
Nail Salons
Growing demand (2018 vs 2023) with surprisingly low competition level. A classic supply-gap opportunity with strong margins.
Other Scientific and Technical Consulting Services
Professional industry driven by high-value human capital. High barrier to entry due to specialized workforce requirements.
Manufactured Home (Mobile Home) Manufacturing
Dominated by a few key players. High consolidation often indicates mature market dynamics.
Limited-Service Restaurants
Zero volatility. Growth matches population exactly. A proven, volume-based sector for long-term consistency.
View All Niches
See full table (362 Rows)
Waco Market Intelligence
362 Industries Analyzed • 2018 vs 2023 Data
Waco presents 362 market niches across diverse sectors. Competition is intense with 178 saturated sectors requiring differentiation strategies. Consider: Nail Salons, Professional Employer Organizations.
| Niche (NAICS) | Competition | Growth Rate | Businesses | Avg Team | Avg Salary |
|---|---|---|---|---|---|
Limited-Service Restaurants#722513 | 1.26 | +21.3% | 262 | 20.6 | $19.2K |
Religious Organizations#813110 | 1.89 | +10.9% | 254 | 7.7 | $22.5K |
Full-Service Restaurants#722511 | 0.86 | +18.9% | 170 | 26.3 | $22.7K |
Offices of Physicians (except Mental Health Specialists)#621111 | 0.82 | +1.6% | 131 | 17.4 | $113.4K |
Insurance Agencies and Brokerages#524210 | 1.28 | +9.3% | 129 | 4.1 | $63.7K |
Gasoline Stations with Convenience Stores#447110 | 1.70 | -5.6% | 117 | 9.5 | $23.4K |
Plumbing, Heating, and Air-Conditioning Contractors#238220 | 1.37 | +16.0% | 116 | 18.2 | $63.2K |
Offices of Real Estate Agents and Brokers#531210 | 0.76 | +61.7% | 97 | 2.0 | $59.0K |
Offices of Lawyers#541110 | 0.73 | -6.0% | 94 | 5.3 | $109.4K |
Snack and Nonalcoholic Beverage Bars#722515 | 1.34 | +60.0% | 88 | 13.3 | $16.1K |
Offices of Dentists#621210 | 0.83 | +25.7% | 88 | 7.4 | $66.8K |
All Other General Merchandise Stores#452319 | 2.23 | +51.0% | 77 | 9.2 | $20.4K |
Residential Remodelers#236118 | 0.73 | +49.0% | 76 | 2.6 | $47.5K |
Hotels (except Casino Hotels) and Motels#721110 | 1.86 | +41.5% | 75 | 15.7 | $26.6K |
Commercial Banking#522110 | 1.22 | 0.0% | 73 | 13.8 | $81.6K |
Landscaping Services#561730 | 0.80 | +33.3% | 72 | 7.3 | $42.9K |
General Automotive Repair#811111 | 1.09 | +16.9% | 69 | 4.9 | $53.7K |
Electrical Contractors and Other Wiring Installation Contractors#238210 | 1.03 | +18.2% | 65 | 10.9 | $67.0K |
New Single-Family Housing Construction (except For-Sale Builders)#236115 | 1.35 | +53.8% | 60 | 5.2 | $52.8K |
Child Care Services#624410 | 0.96 | -10.4% | 60 | 13.0 | $26.1K |
Janitorial Services#561720 | 0.99 | +13.0% | 52 | 13.4 | $26.3K |
Lessors of Residential Buildings and Dwellings#531110 | 0.87 | -9.1% | 50 | 4.4 | $42.1K |
Home Health Care Services#621610 | 1.60 | +51.5% | 50 | 31.0 | $44.2K |
Beauty Salons#812112 | 0.73 | +20.0% | 48 | 6.2 | $25.9K |
Residential Property Managers#531311 | 1.01 | +37.1% | 48 | 4.5 | $58.6K |
Understanding Your Data
How to read the numbers and what to do next.
We pull directly from official U.S. Census Bureau records (specifically County Business Patterns & Nonemployer Statistics). We don't use estimates or opinions—we simply clean and organize the government's raw data so you can actually use it.
VERIFIED
MARKET
DATA
We built this platform to provide the foundational data you need to navigate your market's landscape and competitive dynamics.
Straight from the Source
We pull raw numbers directly from the U.S. Census Bureau. You're looking at the same data used by banks and city planners, simplified for clarity.
Data-First Methodology
We focus exclusively on the numbers. Our rankings are driven by objective metrics like growth and density, ensuring you see the market exactly as the data reports it.
Transparent Logic
No secret formulas. We show you the raw metrics—Growth, Density, and Volume—so you can verify the math yourself.