At a Glance
Median Income
$52,404
$33,859 per capita
Home Value
$111,300
Zillow: $190,073
Median Rent
$910/mo
26.8% of income on rent
Bachelor's Degree+
23.4%
88.7% high school+
Unemployment
6.3%
3.0% poverty rate
Obesity Rate
35.7%
16.4% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Waterloo a Good Place to Live?
B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Waterloo residents earn a median household income of $52,404 , which is 30% below the national average of $75,149.
Per capita income is $33,859. The unemployment rate stands at 6.3% (75% above the U.S. rate of 3.6%). 3.0% of residents live below the poverty line. The area is home to 765 business establishments, including 83 restaurants.
Housing & Cost of Living
The median home value in Waterloo is $111,300 , 61% below the national median of $281,900.
Zillow estimates the typical home at $190,073. Median rent is $910/month, with 26.8% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1938.
Education
23.4% of adults in Waterloo hold a bachelor's degree or higher
(31% below the national average).
88.7% have completed high school. Local schools score 5.0/10 in standardized testing.
Climate & Weather
Waterloo has an average annual temperature of 47°F (8°C).
Winters average 23°F in January while summers reach 70°F in July. Annual precipitation totals 37.7 inches.
Data Overview
People
Population4,600
Median Age50.0 yrs
Density2,130/mi²
Male / Female49% / 51%
Foreign Born3.8%
Veterans11.3%
Economy
B
Median Income$52,404
Per Capita$33,859
Unemployment6.3%
Poverty3.0%
County GDP$2,064M
Avg Weekly Wage$1,219
Housing
A+
Home Value$111,300
Rent$910
Ownership68.9%
Zillow$190,073
Housing Units2,117
Rent Burden26.8%
Health
Obesity35.7%
Diabetes9.4%
Smoking16.4%
Heart Disease5.9%
Premature Death7,640/100K
Climate
Avg Temp47°F
Rain37.7 in/yr
Elevation452 ft
Education
C+
Bachelor's+23.4%
High School+88.7%
Graduate+6.6%
School Score5.0/10
Community
2024 VoteR 56% / D 44%
Commute22 min
Broadband89.1%
Internet Speed137 Mbps
EV Stations9
Libraries6
Did You Know?
The median home in Waterloo was built in 1938.
The nearest airport is Ithaca Tompkins International (35 miles).
The Gini coefficient (income inequality) is 0.460 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
25.7% of the population has a disability.
Average internet download speed is 137 Mbps.
The county recorded 2 fatal vehicle crashes.