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Waterloo, Iowa

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
67,008
Population
$57,480
Median Income
$152,600
Home Value
36.7
Median Age

Demographics

Waterloo has a population of 67,008 with a median age of 36.7. Here is the racial and ethnic breakdown of the population:

White
67.4%
Black
16.6%
Hispanic
8.4%
Other
4.4%
Asian
3.2%
Demographic Value
Total Population67,008
Median Age36.7
White67.4%
Black or African American16.6%
Asian3.2%
Hispanic or Latino8.4%
Other / Two or More Races4.4%
Waterloo, Iowa — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 67.4%Black: 16.6%Hispanic/Latino: 8.4%Other: 4.4%Asian: 3.2%67,008PopulationWhiteWhite67.4%BlackBlack16.6%Hispanic/LatinoHispanic/Latino8.4%OtherOther4.4%AsianAsian3.2%

Income & Economy

The median household income in Waterloo is $57,480, which is 28.7% below the national median of $80,610. The per capita income is $32,837. The poverty rate is 16.6%.

$57,480
Median Household Income
$32,837
Per Capita Income
16.6%
Poverty Rate

Employment

The unemployment rate in Waterloo is 4.4%, compared to the national rate of 4.1%.

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Education

In Waterloo, 89.6% of residents age 25+ have a high school diploma or higher, and 21.8% hold a bachelor's degree or higher (7.0% with a graduate or professional degree).

HS Diploma+
89.6%
Bachelor's+
21.8%
Graduate+
7.0%
Education Level % of Adults (25+)
High School Diploma or Higher89.6%
Bachelor's Degree or Higher21.8%
Graduate or Professional Degree7.0%

Housing

The median home value in Waterloo is $152,600, below the national median of $303,400. The median monthly rent is $923. The homeownership rate is 62.1%.

$152,600
Median Home Value
$923/mo
Median Rent
62.1%
Homeownership Rate
Housing Metric Value
Median Home Value$152,600
Median Monthly Rent$923
Homeownership Rate62.1%
Vacancy Rate8.9%

Salaries in Iowa

Explore salary data for popular occupations in Iowa:

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Other Cities in Iowa

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Frequently Asked Questions

What is the population of Waterloo, Iowa?
The population of Waterloo, Iowa is 67,008 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Waterloo, Iowa?
The median household income in Waterloo, Iowa is $57,480. This is 28.7% below the national median of $80,610.
What is the median home value in Waterloo, Iowa?
The median home value in Waterloo, Iowa is $152,600. The median monthly rent is $923.
What percentage of people in Waterloo have a college degree?
In Waterloo, Iowa, 21.8% of adults age 25 and older hold a bachelor's degree or higher, and 89.6% 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 2.7x (median home value $152,600 vs. median income $57,480), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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