Living in Waterloo, Alabama
Cost of living, income, home prices, rent and demographics of Waterloo · Census data 2020–2024
Waterloo has 113 residents with a median age of 64.1. The median home value is $98,800, the median rent is $700/month.
Waterloo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Waterloo at a glance
- Population
- 113
- Median age
- 64.1State: 39.3
- Median home value
- $98,800State: $209,900
- Median rent
- $700/moState: $1,007
- Homeowners
- 83.9%
- Bachelor's degree or higher
- 8.8%
- Average commute
- 36 min
Is Waterloo a good place to live?
Pros: Home values 53% lower than the state median.
Cons: An average commute of 36 minutes; unemployment of 5.6%; a poverty rate of 22.1%.
The weather is best in April–May and September–October.
Cost of living in Waterloo
Housing is the biggest part of the cost of living. In Waterloo the median home value is $98,800, 70% lower than the U.S. median. Renters pay a median of $700 per month, which is 27.5% of household income. Homeowners with a mortgage pay — a month in housing costs.
Housing in Waterloo: homes for sale and rent
- Housing units
- 92
- Owner-occupied
- 83.9%
- Renter-occupied
- 16.1%
- Vacant
- 39.1%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.02
39.1% of homes are vacant most of the year, a sign that Waterloo has many vacation and second homes.
Waterloo demographics
- Population
- 113
- Median age
- 64.1
- Under 18
- 5.3%
- 65 and older
- 43.4%
- Households
- 56
- Foreign-born
- 0%
- Veterans
- 12.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Waterloo ›
Education in Waterloo
8.8% of adults 25 and older in Waterloo have a bachelor's degree or higher (Alabama: 28.4%), and 2% have a graduate or professional degree.
Jobs and commute in Waterloo
- Unemployment rate
- 5.6%State: 4.7%
- Average commute
- 36 minState: 26 min
- Work from home
- 5.9%
- Drive alone
- 94.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 69.6%
Waterloo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waterloo | 113 | — | $98,800 | $700 |
| Walnut Grove | 403 | $26,000 | $86,800 | — |
| Iuka | 3,110 | $49,290 | $124,700 | $664 |
| Cherokee | 1,120 | $50,815 | $102,300 | $902 |
| Counce | 276 | $54,565 | $159,200 | — |
| Burnsville | 861 | $29,063 | $80,000 | $486 |
| Glen | 401 | $60,227 | $107,800 | $731 |
| Paden | 131 | $51,042 | $75,000 | $442 |
| Underwood-Petersville | 3,100 | $48,219 | $142,900 | $820 |
More for people moving to Waterloo
Waterloo ZIP code ›Weather and climate ›Living in Waterloo: FAQ
What is the average home price in Waterloo?
The median home value in Waterloo is $98,800, compared with $209,900 in Alabama.
How much is rent in Waterloo?
The median gross rent in Waterloo is $700 per month, about 27.5% of household income.
Is Waterloo, AL a good place to live?
Pluses: home values 53% lower than the state median. Minuses: an average commute of 36 minutes; unemployment of 5.6%; a poverty rate of 22.1%.
What is the median age in Waterloo?
The median age in Waterloo is 64.1 years (Alabama: 39.3).
How long is the commute in Waterloo?
The average commute to work in Waterloo is 36 minutes; 5.9% of workers work from home.
What is the unemployment rate in Waterloo?
The unemployment rate in Waterloo is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waterloo?
8.8% of adults in Waterloo have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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