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All about

Waterloo, IA

Waterloo, Iowa is a small city with a population of approximately 68,000. With an average age of just over 38, the city's population is younger than most cities in Iowa. Home ownership is more common than renting in Waterloo, and 38% of residents rent. At $766 per month, the average rent is a bit below the state average.

Waterloo has an average commute time of about 17 minutes, faster than the state average of about 20 minutes. Driving a car or truck is the most common mode of getting to work, opted for by 44% of commuters, while public transportation is not widely used. A small percentage of residents commute to work on foot.

Compared to the national average (5%), Waterloo has a relatively high number of residents over the age of 25 with an Associate's degree (7%). In addition, 10% possess a Bachelor's degree and 4% have a Master's degree or Doctorate. Many Waterloo residents work in one of three industries: manufacturing, retail, and healthcare. Combined, these industries make up 25% of the city's workforce. Meanwhile, looking at job function, many of the city's workers are in transportation, as 9% of the city's population reports this as their field of work, the highest number of any profession. Waterloo workers earn an average annual income of about $57K, less than those elsewhere in the state. Waterloo's average income also trails the national average ($73,345).

Average Rent in Waterloo

Studio1 Bed2 Bed3 Bed
Dec 19$710$782$850
Oct 198221,050445
Sep 198221,050445
Aug 19822950825
Jul 19822950825
Jun 198221,050445
May 198221,050445
Apr 198221,050445
Mar 19822950825
Feb 19822950435
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

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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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