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All About

Living In Waterloo, IN

Waterloo, Indiana is a small town with a population of slightly more than 2,000. It's a great place to raise a family, as children under 5 make up a higher percentage of the population here (12%) than nationally (6%), while young adults appear in smaller numbers. At an average age of just under 35, the town's population is notably younger than most cities in Indiana. Only 21% of residents rent in Waterloo, as home ownership is common in the town. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $706 per month. Over the course of a year, renters in Waterloo will save around $1,500 compared to the state average.

With an average commute time of about 20 minutes, faster than most cities in the state, Waterloo residents have found that traveling to work isn't overly time-consuming. Driving a car or truck is the most common way to get to work, opted for by 40% of workers, while public transportation is not used. Relatively few residents walk to work.

Compared to the national average, Waterloo has a high percentage of residents older than 25 who have earned a high school degree or equivalent (25%). Additionally, 4% possess a Bachelor's degree and 3% have earned a Master's or Doctoral degree. There are three primary industries in Waterloo: manufacturing, retail, and healthcare. Together, these industries make up 29% of the town's workforce. Meanwhile, in terms of job function, many of the town's workers are in transportation, making it the top career path in the town. With an average annual income of just under $51K, Waterloo workers take home less than the average Indiana resident. The town's average income also trails the national average of $73,345.


Frequently Asked Questions About Waterloo

Looking for a cheap Waterloo apartment?

For the best deal, we recommend using our cheap apartments filter.

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How Can I Tour Virtually During Covid19 & Social Distancing?

You can virtually tour any apartment by using our Waterloo, IN Virtual Tours filter. All properties in this filter contain either a 3d tour or a video tour.

Do you need a pet-friendly Waterloo apartment?

If you have a dog or cat, you'll need to find an apartment in Waterloo that accepts pets. Apply Apartment Guide's pet friendly filter to see only Waterloo apartments that accept pets. Remember to read the apartment's specific guidelines for acceptable pet breeds and weights if applicable.
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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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