Waterloo, Iowa

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
67,256
Population
$54,104
Median Income
$142,000
Home Value
36.7
Median Age

Demographics

Waterloo has a population of 67,256 with a median age of 36.7. Here is the racial and ethnic breakdown of the population:

White
70.6%
Black
17.7%
Hispanic
7.1%
Asian
2.7%
Other
1.9%
Demographic Value
Total Population67,256
Median Age36.7
White70.6%
Black or African American17.7%
Asian2.7%
Hispanic or Latino7.1%
Other / Two or More Races1.9%

Income & Economy

The median household income in Waterloo is $54,104, which is 28.0% below the national median of $75,149. The per capita income is $31,845. The poverty rate is 17.4%.

$54,104
Median Household Income
$31,845
Per Capita Income
17.4%
Poverty Rate

Employment

The unemployment rate in Waterloo is 7.1%, compared to the national rate of 5.4%.

Education

In Waterloo, 90.3% of residents age 25+ have a high school diploma or higher, and 22.9% hold a bachelor's degree or higher (7.1% with a graduate or professional degree).

HS Diploma+
90.3%
Bachelor's+
22.9%
Graduate+
7.1%
Education Level % of Adults (25+)
High School Diploma or Higher90.3%
Bachelor's Degree or Higher22.9%
Graduate or Professional Degree7.1%

Housing

The median home value in Waterloo is $142,000, below the national median of $281,900. The median monthly rent is $865. The homeownership rate is 60.8%.

$142,000
Median Home Value
$865/mo
Median Rent
60.8%
Homeownership Rate
Housing Metric Value
Median Home Value$142,000
Median Monthly Rent$865
Homeownership Rate60.8%
Vacancy Rate9.5%

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Frequently Asked Questions

What is the population of Waterloo, Iowa?
The population of Waterloo, Iowa is 67,256 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Waterloo, Iowa?
The median household income in Waterloo, Iowa is $54,104. This is 28.0% below the national median of $75,149.
What is the median home value in Waterloo, Iowa?
The median home value in Waterloo, Iowa is $142,000. The median monthly rent is $865.
What percentage of people in Waterloo have a college degree?
In Waterloo, Iowa, 22.9% of adults age 25 and older hold a bachelor's degree or higher, and 90.3% have a high school diploma or higher.
Is Waterloo, Iowa an affordable place to live?
The home price-to-income ratio in Waterloo, Iowa is 2.6x (median home value $142,000 vs. median income $54,104), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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