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Last Updated: 08/13/2022


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All About

Living In Waterloo, NY

The small town of Waterloo, New York is home to slightly more than 5,000 residents. It's a comfortable place to settle down, as retirees make up a greater percentage of the population (19%) here than they do nationally (14%). Just 32% of residents rent in Waterloo, as the majority own their homes. With a relatively low average rent of $668/month in the town, renting remains an affordable option, particularly compared to other cities in New York. Over the course of a year, renters in Waterloo will save around $7,300 compared to the state average.

Waterloo residents have an average commute of about 22 minutes, quicker than the state average of about 38 minutes. Driving a vehicle is the most common way to get to work, selected by 43% of workers, while public transit is not used much. Relatively few commuters walk to work.

Compared to the national average (5%), Waterloo has a high concentration of residents over the age of 25 who have an Associate's degree (11%). In addition, 9% have a Bachelor's degree and 3% have earned a Master's degree or Doctorate. Many Waterloo residents work in one of three industries: healthcare, retail, and manufacturing. Combined, these industries account for 28% of the town's labor force. Meanwhile, in terms of job function, many residents work in sales, as 8% of the town's population reports this as their field of work, the highest number of any field. Waterloo workers earn an average annual income of nearly $63,000, less than the average New York resident. The town's average income also trails the national average ($73,345).

Frequently Asked Questions About Waterloo

How much does it cost to rent in Waterloo, NY?

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