It is the thirteenth track and lead single from Lynch's third studio album The Big Dream (2013), and was released on June 3, 2013 on Sacred Bones Records.

The music video for "I'm Waiting Here" was based on concepts by Lykke Li and visual artist Daniel Desure.

[1] The video features some shots taken from the front of a car traveling a long and empty desert road and has been described by BlackBook as "beautiful in its simplicity", "the perfect, tranquil, seductive, and meditative accompaniment for the song" and its imagery "harkening back to Lynch's affinity for the road and the vast possibility of spaces that transcend forever.

It's a smothered torch song with a narcotized vocal from his guest" and drew comparisons between it and Lynch's "beautiful, faraway" material produced with Julee Cruise for the television series Twin Peaks.

[5] Spin reviewer Christ Martins referred to "I'm Waiting Here" as "a dreamy and noir swooner replete with slow-dance swing and bassy atmospheric swells"[6] and Fact described the song as "a lilting, 50s-inspired number [that] harks back instantly to Lynch's pioneering work with Julee Cruise back in the late 80s, and is a return to a smoky sound many fans thought was missing on his last record.