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Waterloo, IN

Full City Profile · Indiana · DeKalb County County

2.8 /5.0
C+ Fair
2,180 Population 1,033/sq mi density
$61,375 Median Income $28,011 per capita
$108,600 Home Value $244,477 Zillow
$829 Median Rent 24.1% income on rent
50°F Avg Temperature 275 sunny days/yr
537 Violent Crime/100K 3,043 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$61,375 median income, 4.9% unemployment
A+
Affordability
5.0 / 5.0
$108,600 home value, $829/mo rent
F
Safety
1.0 / 5.0
537 violent crimes/100K (41% above avg)
C
Education
2.0 / 5.0
12.5% bachelor's degree or higher

Waterloo, IN

At a Glance

Median Income
$61,375
18% below
$28,011 per capita
Home Value
$108,600
61% below
Zillow: $244,477
Median Rent
$829/mo
29% below
24.1% of income on rent
Violent Crime
537/100K
41% above
3,043/100K property
Bachelor's Degree+
12.5%
63% below
85.6% high school+
Unemployment
4.9%
36% above
16.6% poverty rate
Obesity Rate
43.7%
36% above
17.5% smoking rate
Avg Temperature
50°F
275 sunny days/yr

How Waterloo Compares to the U.S. Average

Each bar shows Waterloo's value as a percentage of the national average (100% = U.S. avg)

Income
82%
Home Value
39%
Rent
71%
Poverty
134%
Bachelor's
37%
Unemployment
136%
Crime
141%
Thin vertical line = U.S. national average (100%)

Is Waterloo a Good Place to Live?

C+
2.8 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Waterloo residents earn a median household income of $61,375 , which is 18% below the national average of $75,149. Per capita income is $28,011. The unemployment rate stands at 4.9% (36% above the U.S. rate of 3.6%). 16.6% of residents live below the poverty line. The area is home to 1,084 business establishments, including 95 restaurants.

Housing & Cost of Living

The median home value in Waterloo is $108,600 , 61% below the national median of $281,900. Zillow estimates the typical home at $244,477. Median rent is $829/month, with 24.1% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1970.

Safety & Crime

Waterloo reports 537 violent crimes per 100,000 residents , which is 41% above the national average of 380/100K. Property crime is 3,043/100K. The murder rate is 0.0/100K.

Education

12.5% of adults in Waterloo hold a bachelor's degree or higher (63% below the national average). 85.6% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Waterloo has an average annual temperature of 50°F (10°C). Winters average 24°F in January while summers reach 73°F in July. The area gets 275 sunny days per year. Annual precipitation totals 38.0 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population2,180
Median Age33.5 yrs
Density1,033/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans8.9%

Economy

B
Median Income$61,375
Per Capita$28,011
Unemployment4.9%
Poverty16.6%
County GDP$3,447M
Avg Weekly Wage$1,210

Housing

A+
Home Value$108,600
Rent$829
Ownership74.1%
Zillow$244,477
Housing Units890
Rent Burden24.1%

Crime

F
Violent537/100K
Property3,043/100K
Murder0.0/100K
Assault447/100K
Burglary582/100K

Health

Obesity43.7%
Diabetes10.8%
Smoking17.5%
Heart Disease5.8%
Premature Death8,445/100K

Climate

Avg Temp50°F
Sunny Days275/yr
Rain38.0 in/yr
AQI41 (Good)
Elevation929 ft

Education

C
Bachelor's+12.5%
High School+85.6%
Graduate+5.2%
School Score6.0/10

Community

2024 VoteR 73% / D 26%
Commute23 min
Broadband87.5%
Internet Speed107 Mbps
EV Stations3
Libraries6

Did You Know?

The median home in Waterloo was built in 1970.
The nearest airport is Fort Wayne International (33 miles).
The Gini coefficient (income inequality) is 0.405 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
17.5% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 107 Mbps.
The county recorded 3 fatal vehicle crashes.