Living in Waterville, Iowa
Cost of living, income, home prices, rent and demographics of Waterville · Census data 2020–2024
Waterville has 137 residents with a median age of 50.5. The median household income is $44,750 (40% lower than the Iowa median), the median home value is $99,000.
Waterville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Waterville at a glance
- Population
- 137
- Median age
- 50.5State: 38.6
- Median household income
- $44,750State: $75,059
- Median home value
- $99,000State: $208,000
- Homeowners
- 94.1%
- Bachelor's degree or higher
- 7.4%
- Average commute
- 36 min
Is Waterville a good place to live?
Pros: Home values 52% lower than the state median; a poverty rate of 6.6%.
Cons: Median household income 40% lower than the Iowa median; an average commute of 36 minutes.
The weather is best in June to September.
Cost of living in Waterville
Housing is the biggest part of the cost of living. In Waterville the median home value is $99,000, 70% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $994 a month in housing costs.
Waterville median household income
The median household income in Waterville is $44,750 and the income per person is $30,120. 6.6% of residents live below the poverty line (Iowa: 11.1%).
Housing in Waterville: homes for sale and rent
- Housing units
- 54
- Owner-occupied
- 94.1%
- Renter-occupied
- 5.9%
- Vacant
- 5.6%Includes seasonal homes
- Median year built
- 1940
- Average household size
- 2.69
Waterville demographics
- Population
- 137
- Median age
- 50.5
- Under 18
- 28.5%
- 65 and older
- 26.3%
- Households
- 51
- Foreign-born
- 0%
- Veterans
- 14.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Waterville ›
Education in Waterville
7.4% of adults 25 and older in Waterville have a bachelor's degree or higher (Iowa: 31.4%), and 3.2% have a graduate or professional degree.
Jobs and commute in Waterville
- Unemployment rate
- 0%State: 3.6%
- Average commute
- 36 minState: 20 min
- Work from home
- 11.8%
- Drive alone
- 78.4%
- Public transit
- 0%
- Walk to work
- 2%
- Homes with broadband
- 94.1%
Waterville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waterville | 137 | $44,750 | $99,000 | — |
| Harpers Ferry | 253 | $44,107 | $174,200 | — |
| Waukon | 3,792 | $60,269 | $147,200 | $696 |
| Lansing | 1,115 | $65,625 | $167,500 | $579 |
| Monona | 1,531 | $74,286 | $140,800 | $1,070 |
| Marquette | 443 | $42,292 | $164,400 | $717 |
| Lynxville | 105 | $60,625 | $158,300 | $838 |
| Luana | 317 | $76,750 | $152,700 | $800 |
| McGregor | 719 | $57,361 | $161,100 | $615 |
More for people moving to Waterville
Waterville ZIP code ›Weather and climate ›Living in Waterville: FAQ
What is the median household income in Waterville, IA?
The median household income in Waterville is $44,750, 40% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Waterville?
The median home value in Waterville is $99,000, compared with $208,000 in Iowa.
Is Waterville, IA a good place to live?
Pluses: home values 52% lower than the state median; a poverty rate of 6.6%. Minuses: median household income 40% lower than the Iowa median; an average commute of 36 minutes.
What is the median age in Waterville?
The median age in Waterville is 50.5 years (Iowa: 38.6).
How long is the commute in Waterville?
The average commute to work in Waterville is 36 minutes; 11.8% of workers work from home.
What is the unemployment rate in Waterville?
The unemployment rate in Waterville is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waterville?
7.4% of adults in Waterville 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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