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Prosper Waco report: incomes up but neighborhood disparities, child poverty and housing affordability remain key challenges

Waco City Council · January 13, 2025
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Summary

Prosper Waco presented the 2024 Snapshot showing rising median incomes but persistent neighborhood and racial disparities in poverty, increasing housing cost burden, continued food insecurity and elevated mental‑health crisis contact rates; the organization outlined its focus areas for systems‑level interventions.

Prosper Waco presented its 2024 Snapshot to the Waco City Council on Dec. 17, summarizing cross‑sector data on income, poverty, housing, health and education and identifying priority gaps for collective action.

The report shows median household income gains (most recent median cited at about $47,421), but Dr. Jeremy Rhodes emphasized that those gains mask large neighborhood and racial disparities. Prosper Waco’s analysis found Waco’s overall poverty rate remains substantially higher than peer cities and the state average; removing undergraduate students from the calculation lowers the citywide poverty rate only modestly and does not explain the entire gap with peer communities.

Child poverty and racial disparities drew particular attention: child poverty remains higher than peer cities, and the poverty rate for Black residents and for Black children increased over the period covered in the snapshot. Housing affordability has worsened — the median home price to income multiple rose from about 4.1 to 5.2 — and rent varies widely across the city. Food insecurity remains an ongoing concern (roughly 17% by Prosper Waco’s mapping), and the county’s crisis‑call volume for behavioral health incidents has increased; a local diversion program that staffs social workers with dispatch was noted as a step to address crisis management.

Prosper Waco described its role as a backbone data hub and facilitator: priorities include strengthening the teacher pipeline, workforce reskilling and credentials in coordination with local colleges, hunger‑free initiatives and behavioral‑health diversion work. The organization said it will produce the snapshot biennially and invited council input on topics to include in future reports.

Council members asked for county‑level comparisons and praised the report’s contextualization (including historical redlining maps and neighborhood‑level breakdowns) as useful for policy and investment decisions.

Evidence: Presentation and Q&A with Prosper Waco (presentation introduced at 00:49:51; detailed data section 00:52:07 onward).