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Waterloo, Iowa Demographics & Population 2026

During the 2020–2024 ACS period, Waterloo, Iowa had a total population of 67,008, the 9th largest city in Iowa, with a median household income of $57,480, which is 23% lower than the state average. The poverty rate is 16.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Waterloo Quick Facts

Population 67,008
Median Household Income $57,480
Median Home Value $152,600
Poverty Rate 16.6%
Unemployment Rate 5.3%
Median Age 36.7 years
Homeownership Rate 62.1%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 21.8%
High School Graduation Rate 89.6%
Diversity Index 53/100
Population 67,008 9th of 1,017
Median Income $57,480 bottom 30%
Poverty Rate 16.6% 33% higher than national
Median Home Value $152,600 above average

How Waterloo Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population66,94767,008+0.1%
Median household income$56,344$57,480+2.0%
Median home value$150,200$152,600+1.6%

How Waterloo Compares

Economy & Housing

Household Income Distribution

Under $25K 18.7%
$25K-$50K 23.9%
$50K-$100K 35.0%
$100K+ 22.5%
Detailed income brackets
Under $10K
5.2%
$10K-$15K
4.9%
$15K-$20K
3.7%
$20K-$25K
4.8%
$25K-$30K
5.3%
$30K-$35K
3.5%
$35K-$40K
4.8%
$40K-$45K
5.9%
$45K-$50K
4.4%
$50K-$60K
10.0%
$60K-$75K
11.7%
$75K-$100K
13.2%
$100K-$125K
8.9%
$125K-$150K
4.7%
$150K-$200K
5.1%
$200K+
3.8%

Employment

5.3% Unemployment Rate State: 3.6%|National: 5.2%
65.6% Labor Force Participation

Housing Overview

Owner 62.1%
Renter 37.9%
Affordability Index Very Affordable
2.7x home value to income ratio
Median gross rent $923/mo 19.3% of median household income annually

People & Demographics

Diversity Index

53out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 31 | National average: 61

Education

Waterloo Rankings in Iowa

#9 Population of 1,017
#694 Median Income of 948
#327 Education of 1,016
#324 Home Value of 947

Other Cities in Black Hawk County

CityPopulationMedian IncomePovertyHome Value
Cedar Falls 40,888 $76,987 15.7% $263,600
Evansdale 4,518 $60,397 24.0% $150,300
Hudson 2,699 $120,481 4.0% $242,700
Jesup 2,561 $89,408 7.0% $190,200
La Porte City 2,071 $70,500 10.8% $163,200
Elk Run Heights 964 $76,500 4.0% $171,200
Janesville 917 $103,542 5.5% $221,700
Raymond 899 $76,711 4.3% $222,600
Dunkerton 821 $86,413 7.0% $189,700
Gilbertville 761 $79,583 3.1% $197,400

Cities Similar to Waterloo

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ames67,669$60,991$277,40065.8%25.4%
Council Bluffs62,586$64,578$171,80021.5%15.1%
Iowa City75,752$58,546$285,90060.5%26.3%
Dubuque59,174$65,845$204,80034.0%12.7%
West Des Moines71,083$86,594$309,00054.9%8.4%

Population Overview

Waterloo is a mid-sized community located in Iowa, within Black Hawk County. The total population is 67,008. It ranks as the 9th most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Waterloo is 36.7 years. This is 5% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Waterloo is $57,480. This is 23% lower than the state median of $75,059. It is also 29% lower than the national median of $80,734. The poverty rate stands at 16.6%. This is 50% higher than the state poverty rate of 11.1%. The unemployment rate is 5.3%. This is 47% higher than the state rate of 3.6%. The median home value is $152,600. Housing costs are 27% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.7x, Waterloo is one of the most affordable housing markets in the area. 62.1% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 71.7%.

Race & Ethnicity

The largest racial or ethnic group in Waterloo is White (non-Hispanic), making up 65.5% of the population. Black or African American residents account for 16.4%. The Black or African American population is significantly higher than the state average (16.4% vs 3.8%).

Education

21.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 31% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.6%.

Data Sources & Methodology

All demographic data for Waterloo, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Iowa city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Waterloo, Iowa?

Waterloo, Iowa has a population of 67,008 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Waterloo, IA?

The median household income in Waterloo is $57,480, which is 29% lower than the national median of $80,734.

What is the poverty rate in Waterloo, IA?

The poverty rate in Waterloo is 16.6%. This means approximately 10,930 residents live below the federal poverty line.

What is the racial makeup of Waterloo, Iowa?

Waterloo's population is 65.5% White, 16.4% Black, 8.4% Hispanic/Latino, and 3.2% Asian.

What is the median home value in Waterloo, IA?

The median home value in Waterloo is $152,600. The home-value-to-income ratio is 2.7x.

How educated is Waterloo, Iowa?

21.8% of adults (25+) in Waterloo hold a bachelor's degree or higher, and 7.0% hold a graduate or professional degree.