Median Income
$29,219
61% lower than US avg
Home Value
$92,000
67% lower than US avg
Bachelor's+
8.5%
75% lower than US avg
Median Rent
$663
43% lower than US avg
Obesity Rate
36.2%
13% higher than US avg
Unemployment
0.0%
100% lower than US avg
Poverty Rate
20.0%
61% higher than US avg
How Waterloo Compares to the U.S. Average (100% = U.S. avg)
People
Population92
Median Age60.0 yrs
Density123/mi²
Male / Female45% / 55%
Largest GroupWhite 99%
Veterans84.0%
Economy
C+
Median Income$29,219
Per Capita$33,091
Unemployment0.0%
Poverty20.0%
County GDP$767M
Commute24 min
Housing
A+
Home Value$92,000
Rent$663
Ownership87.7%
Zillow$186,551
Rent Burden33.8%
Health
Obesity36.2%
UninsuredN/A
Depression27.1%
Heart Disease6.5%
Climate
Avg Temp59°F
AQI41 (Good)
Rain62.3 in/yr
Elevation452 ft
Education
D
Bachelor's+8.5%
High School+78.0%
School Score4.40
Community
2024 VoteR 89% / D 10%
Commute24 min
Broadband57.0%
Libraries4
Is Waterloo a Good Place to Live?
Based on current data, Waterloo receives an overall livability score of 3.2 out of 5.0, earning a grade of B. Key strengths include low unemployment, affordable housing. Areas to be aware of include an elevated poverty rate, below-average incomes. Waterloo offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Waterloo is $29,219, 61% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. The poverty rate of 20.0% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 24 minutes.
Cost of Living & Housing
The median home value in Waterloo is $92,000, 67% below the national median — offering relatively affordable homeownership. Renters pay a median of $663 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.1x indicates a reasonably affordable housing market.
Education
8.5% of residents hold a bachelor's degree, below the national average of 33.7%. 78.0% have completed high school. Area schools have an average test score of 4.4/10.
Climate & Weather
Waterloo enjoys a moderate climate with an average annual temperature of 59°F. Winters average 39°F in January while summers reach 78°F in July. Annual precipitation totals 62.3 inches. Air quality is rated Good with a median AQI of 41.
Waterloo has a population of 92 with a density of 123 people per square mile. The median age is 60.0 years, 54% older than the national median of 38.9. The city is predominantly White (98.9%), with 1.1% Hispanic.
Population
60.0yrs
Median Age
54% above US avg
Language Spoken at Home
| English Only | 95.9% |
| 22% above US avg |
| Spanish | 4.1% |
| 69% below US avg |
The median household income in Waterloo is $29,219, which is 61% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 20.0% of residents live below the poverty line. Workers commute an average of 24 minutes.
Income
| Median HH Income | $29,219 |
| 61% below US avg |
| Per Capita Income | $33,091 |
| Avg Weekly Wage | $896 |
| IRS Avg AGI | $55,703 |
Employment & Poverty
| Unemployment | 0.0% |
| 100% below US avg |
| Poverty Rate | 20.0% |
| 61% above US avg |
| Establishments (County) | 481 |
| County GDP | $767M |
Business (County)
| Restaurants | 35 |
| Healthcare | 29 |
| Retail | 82 |
| Manufacturing | 37 |
Tax & Cost of Living
| Property Tax (IRS) | $1,953 |
| 44% below US avg |
| Effective Tax Rate | 2.12% |
Commute & Transportation
| Commute Time | 23.8 min |
| Drive Alone | 93.6% |
| Public Transit | 0.0% |
| Work from Home | 6.5% |
The median home value in Waterloo is $92,000, 67% below the national average. Monthly rent averages $663 (43% below US avg). 87.7% of homes are owner-occupied. Zillow estimates the typical home value at $186,551.
Home Values
| Census Median | $92,000 |
| 67% below US avg |
| Zillow ZHVI | $186,551 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $663 |
| 43% below US avg |
| Rent Burden | 33.8% |
HUD Fair Market Rent
| Studio | $716 |
| 1 Bedroom | $772 |
| 2 Bedrooms | $936 |
| 3 Bedrooms | $1,206 |
| 4 Bedrooms | $1,381 |
Ownership & Property
| Homeownership | 87.7% |
| Owner-Occupied | 87.7% |
Property Tax
| Avg Tax (IRS) | $1,953 |
| 44% below US avg |
| Effective Rate | 2.12% |
In Waterloo, 36.2% of adults are obese (above the 32.1% national rate). 27.1% report depression. 27.4% are physically inactive.
Health Metrics: Waterloo vs U.S. Average (%)
Chronic Conditions
| Obesity | 36.2% |
| 13% above US avg |
| Diabetes | 10.8% |
| Heart Disease | 6.5% |
| High Blood Pressure | 35.3% |
| Asthma | 10.4% |
| COPD | 8.0% |
| Stroke | 3.3% |
Behaviors & Mental Health
| |
| Binge Drinking | 17.0% |
| Physical Inactivity | 27.4% |
| Depression | 27.1% |
| Mental Distress | 20.3% |
| Physical Distress | 14.7% |
Healthcare Access
| Insurance Rate | 89.4% |
| |
| Checkup Rate | 75.9% |
| Premature Death | 14,574/100K |
Food & Exercise
| Exercise Access | 51.1% |
| Healthcare Facilities | 29 |
Crime Rates: Waterloo vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 4 |
Safety Score
Waterloo has an average annual temperature of 59°F (15°C). Winters average 39°F in January while summers reach 78°F in July. Annual precipitation is 62.3 inches. Air quality is rated Good with a median AQI of 41.
Temperature
39°F Jan (4°C)
78°F Jul (25°C)
| Annual Average | 59.0°F |
| 9% above US avg |
| January Average | 39°F (4°C) |
| July Average | 78°F (25°C) |
Precipitation & Snow
| Annual Rainfall | 62.3 inches |
| 64% above US avg |
Air Quality
| AQI Median | 41.0 |
| Rating | Good |
Geography
| Elevation | 452 ft (138 m) |
| Area | 0.8 sq mi (1.9 km²) |
| Population Density | 123/sq mi |
| Coordinates | 34.9172°N, 88.0644°W |
| Timezone | America/Chicago |
| County FIPS | 28141 |