Waterloo, OR

Full City Profile · Oregon · Linn County County

3.3 /5.0
B Good
242 Population 2,017/sq mi density
$61,458 Median Income $28,484 per capita
$236,500 Home Value $385,787 Zillow
$1,094 Median Rent 29.2% income on rent
55°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$61,458 median income, 6.9% unemployment
A+
Affordability
4.5 / 5.0
$236,500 home value, $1,094/mo rent
D
Education
1.9 / 5.0
11.0% bachelor's degree or higher

Waterloo, OR

At a Glance

Median Income
$61,458
18% below
$28,484 per capita
Home Value
$236,500
16% below
Zillow: $385,787
Median Rent
$1,094/mo
6% below
29.2% of income on rent
Bachelor's Degree+
11.0%
67% below
91.9% high school+
Unemployment
6.9%
92% above
3.2% poverty rate
Obesity Rate
39.0%
21% above
14.6% smoking rate
Avg Temperature
55°F

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
84%
Rent
94%
Poverty
26%
Bachelor's
33%
Unemployment
192%
Thin vertical line = U.S. national average (100%)

Is Waterloo a Good Place to Live?

B
3.3 / 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 $61,458 , which is 18% below the national average of $75,149. Per capita income is $28,484. The unemployment rate stands at 6.9% (92% above the U.S. rate of 3.6%). 3.2% of residents live below the poverty line. The area is home to 3,944 business establishments, including 260 restaurants.

Housing & Cost of Living

The median home value in Waterloo is $236,500 , 16% below the national median of $281,900. Zillow estimates the typical home at $385,787. Median rent is $1,094/month, with 29.2% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1970.

Education

11.0% of adults in Waterloo hold a bachelor's degree or higher (67% below the national average). 91.9% have completed high school. Local schools score 4.9/10 in standardized testing.

Climate & Weather

Waterloo has an average annual temperature of 55°F (13°C). Winters average 43°F in January while summers reach 70°F in July. Annual precipitation totals 45.1 inches. Air quality is rated Good with a median AQI of 25.

Data Overview

People

Population242
Median Age45.7 yrs
Density2,017/mi²
Male / Female57% / 43%
Foreign Born0.8%
Veterans10.8%

Economy

B+
Median Income$61,458
Per Capita$28,484
Unemployment6.9%
Poverty3.2%
County GDP$6,881M
Avg Weekly Wage$1,105

Housing

A+
Home Value$236,500
Rent$1,094
Ownership93.7%
Zillow$385,787
Housing Units73
Rent Burden29.2%

Health

Obesity39.0%
Diabetes9.5%
Smoking14.6%
Heart Disease5.5%
Premature Death8,440/100K

Climate

Avg Temp55°F
Rain45.1 in/yr
AQI25 (Good)
Elevation403 ft

Education

D
Bachelor's+11.0%
High School+91.9%
Graduate+6.1%
School Score4.9/10

Community

2024 VoteR 61% / D 36%
Commute38 min
Broadband89.9%
Internet Speed77 Mbps
EV Stations6
Libraries9

Did You Know?

Waterloo was founded in 1893.
The median home in Waterloo was built in 1970.
15.7% work from home.
The nearest airport is Mahlon Sweet Field (32 miles).
The Gini coefficient (income inequality) is 0.402 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
22.3% of the population has a disability.
There are 260 restaurants in the area.
The county recorded 24 fatal vehicle crashes.
182 declared natural disasters on record.