Waterloo town, Indiana Demographics & Population 2026

Population Overview

Waterloo town is a small community located in Indiana, within Fayette County. The total population is 2,180. It ranks as the 214th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Waterloo town is 33.5 years. This is 12% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Waterloo town is $61,375. This is 12% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 22% lower. The poverty rate stands at 16.4%. This is 35% higher than the state poverty rate of 12.2%. The unemployment rate is 6.7%. This is 56% higher than the state rate of 4.3%. The median home value is $108,600. Housing costs are 46% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.8x, Waterloo town is one of the most affordable housing markets in the area. 74.1% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 70.3%.

Race & Ethnicity

Waterloo town has a predominantly White (non-Hispanic) population, comprising 91.2% of all residents. Hispanic or Latino residents account for 3.4%. The Black or African American population (0.1%) is well below the state average of 9.1%. The Hispanic or Latino population (3.4%) is well below the state average of 8.4%. The Asian population (0.2%) is well below the state average of 2.5%.

Education

12.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.6%.

Data Sources & Methodology

All demographic data for Waterloo town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.