Living in Waterloo, Wisconsin
Cost of living, income, home prices, rent and demographics of Waterloo · Census data 2020–2024
Waterloo has 3,600 residents with a median age of 37.8. The median household income is $87,776 (13% higher than the Wisconsin median), the median home value is $230,600, the median rent is $1,106/month.
Waterloo at a glance
- Population
- 3,600
- Median age
- 37.8State: 40.2
- Median household income
- $87,776State: $77,485
- Median home value
- $230,600State: $266,500
- Median rent
- $1,106/moState: $1,087
- Homeowners
- 68.9%
- Bachelor's degree or higher
- 23.9%
- Average commute
- 32 min
Is Waterloo a good place to live?
Pros: Median household income 13% higher than the Wisconsin median; home values 13% lower than the state median; unemployment of 0.6%.
Cons: An average commute of 32 minutes; a poverty rate of 13.7%.
The weather is best in June to September.
Cost of living in Waterloo
Housing is the biggest part of the cost of living. In Waterloo the median home value is $230,600, 31% lower than the U.S. median. Renters pay a median of $1,106 per month, which is 19.3% of household income. Homeowners with a mortgage pay $1,797 a month in housing costs.
Waterloo median household income
The median household income in Waterloo is $87,776 and the income per person is $38,304. 13.7% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Waterloo: homes for sale and rent
- Housing units
- 1,644
- Owner-occupied
- 68.9%
- Renter-occupied
- 31.1%
- Vacant
- 3.3%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.25
Waterloo demographics
- Population
- 3,600
- Median age
- 37.8
- Under 18
- 21.3%
- 65 and older
- 16.6%
- Households
- 1,589
- Foreign-born
- 5.9%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Waterloo ›
Education in Waterloo
23.9% of adults 25 and older in Waterloo have a bachelor's degree or higher (Wisconsin: 33.4%), and 4.3% have a graduate or professional degree.
Jobs and commute in Waterloo
- Unemployment rate
- 0.6%State: 3.2%
- Average commute
- 32 minState: 22 min
- Work from home
- 17.5%
- Drive alone
- 71.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 87.7%
Waterloo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waterloo | 3,600 | $87,776 | $230,600 | $1,106 |
| Marshall | 3,778 | $85,942 | $238,900 | $874 |
| Lake Mills | 6,470 | $91,027 | $317,100 | $1,209 |
| Deerfield | 2,541 | $91,029 | $315,900 | $1,156 |
| Columbus | 5,488 | $75,427 | $230,600 | $874 |
| Reeseville | 895 | $71,932 | $167,000 | $956 |
| Lake Ripley | 1,932 | $116,179 | $366,300 | $1,350 |
| Sun Prairie | 37,570 | $90,942 | $365,700 | $1,419 |
| Cambridge | 1,617 | $87,917 | $325,200 | $1,220 |
More for people moving to Waterloo
Waterloo ZIP code ›Weather and climate ›Living in Waterloo: FAQ
What is the median household income in Waterloo, WI?
The median household income in Waterloo is $87,776, 13% higher than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Waterloo?
The median home value in Waterloo is $230,600, compared with $266,500 in Wisconsin.
How much is rent in Waterloo?
The median gross rent in Waterloo is $1,106 per month, about 19.3% of household income.
Is Waterloo, WI a good place to live?
Pluses: median household income 13% higher than the Wisconsin median; home values 13% lower than the state median; unemployment of 0.6%. Minuses: an average commute of 32 minutes; a poverty rate of 13.7%.
What is the median age in Waterloo?
The median age in Waterloo is 37.8 years (Wisconsin: 40.2).
How long is the commute in Waterloo?
The average commute to work in Waterloo is 32 minutes; 17.5% of workers work from home.
What is the unemployment rate in Waterloo?
The unemployment rate in Waterloo is 0.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waterloo?
23.9% 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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