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Waterloo, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
11,129
Population
$98,711
Median Income
$249,500
Home Value
41.5
Median Age

Demographics

Waterloo has a population of 11,129 with a median age of 41.5. Here is the racial and ethnic breakdown of the population:

White
94.4%
Hispanic
1.8%
Asian
1.7%
Other
1.1%
Black
1.0%
Demographic Value
Total Population11,129
Median Age41.5
White94.4%
Black or African American1.0%
Asian1.7%
Hispanic or Latino1.8%
Other / Two or More Races1.1%
Waterloo, Illinois — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 94.4%Other: 5.6%11,129PopulationWhiteWhite94.4%OtherOther5.6%

Income & Economy

The median household income in Waterloo is $98,711, which is 22.5% above the national median of $80,610. The per capita income is $47,421. The poverty rate is 5.9%.

$98,711
Median Household Income
$47,421
Per Capita Income
5.9%
Poverty Rate

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Education

In Waterloo, 96.7% of residents age 25+ have a high school diploma or higher, and 37.3% hold a bachelor's degree or higher (13.8% with a graduate or professional degree).

HS Diploma+
96.7%
Bachelor's+
37.3%
Graduate+
13.8%
Education Level % of Adults (25+)
High School Diploma or Higher96.7%
Bachelor's Degree or Higher37.3%
Graduate or Professional Degree13.8%

Housing

The median home value in Waterloo is $249,500, below the national median of $303,400. The median monthly rent is $886. The homeownership rate is 78.2%.

$249,500
Median Home Value
$886/mo
Median Rent
78.2%
Homeownership Rate
Housing Metric Value
Median Home Value$249,500
Median Monthly Rent$886
Homeownership Rate78.2%
Vacancy Rate6.8%

Salaries in Illinois

Explore salary data for popular occupations in Illinois:

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Other Cities in Illinois

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Frequently Asked Questions

What is the population of Waterloo, Illinois?
The population of Waterloo, Illinois is 11,129 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Waterloo, Illinois?
The median household income in Waterloo, Illinois is $98,711. This is 22.5% above the national median of $80,610.
What is the median home value in Waterloo, Illinois?
The median home value in Waterloo, Illinois is $249,500. The median monthly rent is $886.
What percentage of people in Waterloo have a college degree?
In Waterloo, Illinois, 37.3% of adults age 25 and older hold a bachelor's degree or higher, and 96.7% have a high school diploma or higher.
Is Waterloo, Illinois an affordable place to live?
The home price-to-income ratio in Waterloo, Illinois is 2.5x (median home value $249,500 vs. median income $98,711), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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