[8] Waskom forms part of Greater Marshall, which is also included in the Longview–Marshall combined statistical area in the Ark-La-Tex region.

[9] It was founded as a midway point for an east-west (Dallas to Shreveport) cattle and cotton economic trail to the Red River in Louisiana.

According to the United States Census Bureau, the city has a total area of 2.7 square miles (6.9 km2), all land.

Both bayous run east to Cross Lake, which flows out to the Red River in Shreveport.

As of the 2020 United States census, there were 1,910 people, 589 households, and 436 families residing in the city.

[21] Per the American Community Survey's 2018 estimates, a total of 598 households and 468 families resided in Waskom.

[23] At the census of 2010 and the American Community Survey's estimates, there were 2,160 people, 732 households, and 460 families residing in the city.

[27] In 2020 the average rent for a two-bedroom apartment was $799 according to Sperling's BestPlaces,[28] making it relatively cheaper than neighboring Shreveport, Louisiana.

Waskom and Harrison County are predominantly Christian areas, typical of the Bible Belt.

Waskom is within the media market of the Shreveport-Bossier City metropolitan statistical area.

The city's newspaper market is primarily served by The Marshall News Messenger and The Waskom Post.