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Waterloo, ON

Full City Profile · Ontario

2.8 /5.0
C+ Fair
121,436 Population 4,910/sq mi density
$94,000 Median Income $57,150 per capita
$750,000 Home Value
$1,400 Median Rent 24.1% income on rent
47°F Avg Temperature 238 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$94,000 median income, 12.0% unemployment
C
Affordability
2.2 / 5.0
$750,000 home value, $1,400/mo rent
C+
Safety
2.5 / 5.0
B
Education
3.1 / 5.0
26.1% bachelor's degree or higher

Waterloo, ON

At a Glance

Median Income
$94,000
25% above
$57,150 per capita
Home Value
$750,000
166% above
Median Rent
$1,400/mo
20% above
24.1% of income on rent
Bachelor's Degree+
26.1%
23% below
25.1% high school+
Unemployment
12.0%
233% above
11.3% poverty rate
Avg Temperature
47°F
238 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
125%
Home Value
266%
Rent
120%
Poverty
91%
Bachelor's
77%
Unemployment
333%
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 $94,000 , which is 25% above the national average of $75,149. Per capita income is $57,150. The unemployment rate stands at 12.0% (233% above the U.S. rate of 3.6%). 11.3% of residents live below the poverty line. The area is home to 400 business establishments, including 195 restaurants.

Housing & Cost of Living

The median home value in Waterloo is $750,000 , 166% above the national median of $281,900. Median rent is $1,400/month, with 24.1% of renters spending more than 30% of income on housing.

Education

26.1% of adults in Waterloo hold a bachelor's degree or higher (23% below the national average). 25.1% have completed high school.

Climate & Weather

Waterloo has an average annual temperature of 47°F (8°C). Winters average 23°F in January while summers reach 69°F in July. The area gets 238 sunny days per year. Annual precipitation totals 34.4 inches.

Data Overview

People

Population121,436
Median Age36.0 yrs
Density4,910/mi²
Male / Female50% / 50%

Economy

B
Median Income$94,000
Per Capita$57,150
Unemployment12.0%
Poverty11.3%
Avg Weekly Wage$1,099

Housing

C
Home Value$750,000
Rent$1,400
Ownership61.3%
Housing Units47,040
Rent Burden24.1%

Crime

C+
Property66/100K
Burglary9/100K

Climate

Avg Temp47°F
Sunny Days238/yr
Rain34.4 in/yr
Elevation1,060 ft

Education

B
Bachelor's+26.1%
High School+25.1%
Graduate+15.4%

Community

Commute24 min

Did You Know?

68.1% work from home.
There are 195 restaurants in the area.