The City of Waterloo is the 7th largest city in Iowa with a population of 68,833 as of July 1, 2019. Waterloo ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Iowa. See peer rankings below.
The primary coordinate point for Waterloo is located at latitude 42.4928 and longitude -92.343 in Black Hawk County. The formal boundaries for the City of Waterloo encompass a land area of 61.39 sq. miles and a water area of 1.84 sq. miles. Black Hawk County is in the Central time zone (GMT -6). The elevation is 856 feet.
The City of Waterloo (GNIS ID: 468951) has a C2 Census Class Code which indicates an active incorporated place legally coextensive with a county subdivision but treated as independent of any county subdivision. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The City of Waterloo is located within , a minor civil division (MCD) of Black Hawk County.
HOUSING AFFORDABILITY INDEX
|Waterloo, IA Housing Affordability Index is 161 |
State of Iowa Housing Affordability Index is 164
|The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.|
|Waterloo, IA Wealth Index is 59 |
State of Iowa Wealth Index is 86
|The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.|
These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.
More Tools and Resources:
|Total Population||68,833 (100%)|
|Population in Households||67,713 (98.4%)|
|Population in Families||50,442 (73.3%)|
|Population in Group Quarters1||1,120 ( 1.6%)|
|Median Household Income||$44,539|
|Average Household Income||$60,636|
|Per Capita Income||$25,282|
|Total Housing Units||31,457 (100%)|
|Owner Occupied HU||18,783 (59.7%)|
|Renter Occupied HU||9,915 (31.5%)|
|Vacant Housing Units||2,759 ( 8.8%)|
|Median Home Value||$118,721|
|Housing Affordability Index3||161|
|Average Household Size||2.36|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.53%|
|Per Capita Income||2.97%|
The table below compares Waterloo to the other 1,008 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 7||99th|
|Population Density||# 231||77th|
|Diversity Index||# 25||98th|
|Median Household Income||# 930||8th|
|Per Capita Income||# 851||16th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.