Median Income
$75,417
0% lower than US avg
Home Value
$218,400
23% lower than US avg
Bachelor's+
18.3%
46% lower than US avg
Median Rent
$1,125
3% lower than US avg
Obesity Rate
33.2%
3% higher than US avg
Unemployment
0.4%
89% lower than US avg
Poverty Rate
4.1%
67% lower than US avg
How Waterloo Compares to the U.S. Average (100% = U.S. avg)
People
Population950
Median Age38.5 yrs
Density1,022/mi²
Male / Female47% / 53%
Largest GroupWhite 93%
Economy
A+
Median Income$75,417
Per Capita$35,341
Unemployment0.4%
Poverty4.1%
County GDP$73,771M
Commute26 min
Housing
A+
Home Value$218,400
Rent$1,125
OwnershipN/A
Zillow$430,030
Health
Obesity33.2%
UninsuredN/A
Depression19.2%
Heart Disease4.2%
Climate
Avg Temp52°F
AQI32 (Good)
Rain33.2 in/yr
Elevation1,119 ft
Education
C
Bachelor's+18.3%
High School+93.0%
School Score5.81
Community
2024 VoteR 44% / D 54%
Commute26 min
Libraries18
Is Waterloo a Good Place to Live?
Based on current data, Waterloo receives an overall livability score of 4.0 out of 5.0, earning a grade of A. Key strengths include low unemployment, affordable housing, a low poverty rate, high health insurance coverage. Waterloo stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
Economy & Jobs
The median household income in Waterloo is $75,417, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 0.4%. Only 4.1% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 26 minutes.
Cost of Living & Housing
The median home value in Waterloo is $218,400, 23% below the national median — offering relatively affordable homeownership. Renters pay a median of $1,125 per month. At just 2.9x median income, home prices are very affordable relative to local earnings.
Education
18.3% of residents hold a bachelor's degree, below the national average of 33.7%. 93.0% have completed high school. Area schools have an average test score of 5.8/10.
Climate & Weather
Waterloo experiences four distinct seasons with an average temperature of 52°F. Winters average 24°F in January while summers reach 77°F in July. Annual precipitation totals 33.2 inches, including 31.8 inches of snow. Air quality is rated Good with a median AQI of 32.
Waterloo has a population of 950 with a density of 1,022 people per square mile. The median age is 38.5 years, 1% younger than the national median of 38.9. The city is predominantly White (92.7%), with 2.2% Black.
Population
38.5yrs
Median Age
1% below US avg
Language Spoken at Home
| English Only | 97.2% |
| 24% above US avg |
| Spanish | 2.8% |
| 79% below US avg |
The median household income in Waterloo is $75,417, which is 0% below the national average of $75,149. The unemployment rate is 0.4% (below the 3.6% US average). 4.1% of residents live below the poverty line. Workers commute an average of 26 minutes.
Income
| Median HH Income | $75,417 |
| 0% below US avg |
| Per Capita Income | $35,341 |
| Avg Weekly Wage | $1,305 |
| IRS Avg AGI | $99,494 |
Employment & Poverty
| Unemployment | 0.4% |
| 89% below US avg |
| Poverty Rate | 4.1% |
| 67% below US avg |
| Establishments (County) | 18,801 |
| County GDP | $73,771M |
Business (County)
| Restaurants | 1,556 |
| Healthcare | 2,146 |
| Retail | 1,672 |
| Manufacturing | 386 |
Tax & Cost of Living
| Property Tax (IRS) | $8,507 |
| 143% above US avg |
| Effective Tax Rate | 3.90% |
Commute & Transportation
| Commute Time | 25.8 min |
| Work from Home | 12.1% |
The median home value in Waterloo is $218,400, 23% below the national average. Monthly rent averages $1,125 (3% below US avg). Zillow estimates the typical home value at $430,030.
Home Values
| Census Median | $218,400 |
| 23% below US avg |
| Zillow ZHVI | $430,030 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $1,125 |
| 3% below US avg |
HUD Fair Market Rent
| Studio | $706 |
| 1 Bedroom | $791 |
| 2 Bedrooms | $1,001 |
| 3 Bedrooms | $1,274 |
| 4 Bedrooms | $1,409 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $8,507 |
| 143% above US avg |
| Effective Rate | 3.90% |
In Waterloo, 33.2% of adults are obese (above the 32.1% national rate). 19.2% report depression. 16.4% are physically inactive.
Health Metrics: Waterloo vs U.S. Average (%)
Chronic Conditions
| Obesity | 33.2% |
| 3% above US avg |
| Diabetes | 6.9% |
| Heart Disease | 4.2% |
| High Blood Pressure | 25.6% |
| Asthma | 8.4% |
| COPD | 4.0% |
| Stroke | 2.2% |
Behaviors & Mental Health
| |
| Binge Drinking | 23.7% |
| Physical Inactivity | 16.4% |
| Depression | 19.2% |
| Mental Distress | 13.8% |
| Physical Distress | 9.0% |
Healthcare Access
| Insurance Rate | 95.3% |
| |
| Checkup Rate | 74.4% |
| Premature Death | 7,599/100K |
Food & Exercise
| Food Environment | 8.4/10 |
| Exercise Access | 97.4% |
| Healthcare Facilities | 2,146 |
Crime Rates: Waterloo vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 37 |
| FEMA Disasters | 91 |
Safety Score
Waterloo has an average annual temperature of 52°F (11°C). Winters average 24°F in January while summers reach 77°F in July. Annual precipitation is 33.2 inches. Air quality is rated Good with a median AQI of 32.
Temperature
24°F Jan (-4°C)
77°F Jul (25°C)
| Annual Average | 51.9°F |
| 4% below US avg |
| January Average | 24°F (-4°C) |
| July Average | 77°F (25°C) |
Precipitation & Snow
| Annual Rainfall | 33.2 inches |
| 13% below US avg |
| Snowfall | 31.8 inches/yr |
Air Quality
| AQI Median | 32.0 |
| Rating | Good |
Geography
| Elevation | 1,119 ft (341 m) |
| Area | 0.9 sq mi (2.4 km²) |
| Population Density | 1,022/sq mi |
| Coordinates | 41.2868°N, 96.2880°W |
| County FIPS | 31055 |