City

Waterloo, IA

4 ZIP codes  ·  Black Hawk County  ·  Iowa

👥69,339Population
💰$58,350Median HH Income▼ 24% below avg
🎂37.1Median Age
🏠$147,788Median Home Value▼ 47% below avg
🎓35.2%College Grads▼ 9% below avg
📊6.3%Unemployment▲ 28% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 49.7% Female 50.3% ♀

Race & Ethnicity

White: 69%Hispanic: 6.8%Black: 15.9%Asian: 2.5%Other: 4.4%Race
White69.0%
Hispanic6.8%
Black15.9%
Asian2.5%
Other4.4%

Age Breakdown

Under 5
7%
5–17
17%
18–24
9%
25–44
27%
45–64
23%
65+
8%

Key Indicators

Median Age37.1 yrs
Avg HH Size2.30
Below Poverty15.4% ▲ 54% above avg
College Grads35.2% ▼ 9% below avg
Unemployment6.3% ▲ 28% above avg
No HS Diploma779 (1.8%)
HS Graduate14,462 (33.7%)
Some College5,515 (12.8%)
Associates6,894 (16.1%)
Bachelors5,118 (11.9%)
Graduate Degree10,180 (23.7%)

Education

No HS: 1.8%HS Grad: 33.7%Some College: 12.8%Associates: 16.1%Bachelors: 11.9%Graduate: 23.7%Edu
No HS1.8%
HS Grad33.7%
Some College12.8%
Associates16.1%
Bachelors11.9%
Graduate23.7%
Housing & Income

Housing Tenure

Owner: 62.3%Renter: 37.8%Tenure
Owner62.3%
Renter37.8%

Home Value Distribution

Under $50k
6%
$50k–$100k
18%
$100k–$150k
24%
$150k–$200k
22%
$200k–$300k
20%
$300k–$500k
7%
Over $500k
3%

Financials

Median HH Income$58,350 ▼ 24% below avg
Median Home Value$147,788 ▼ 47% below avg
Home/Income Ratio2.5x (nat avg ~3.5x)
Median Rent$892/mo
Total Housing Units32,957
Vacant Units3,229

Income Distribution

Under $25k
20%
$25k–$50k
19%
$50k–$75k
23%
$75k–$100k
14%
$100k–$150k
14%
$150k–$200k
6%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
89%
Public Transit
0%
Walked
2%
Work From Home
8%

Commute Time

Under 15 min
51%
15–30 min
39%
30–45 min
5%
Over 45 min
5%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
23%
1960s–1970s
10%
1980s–1990s
5%
2000+
58%
About Waterloo, IA

Waterloo is a city in Iowa, located in Black Hawk County. The city spans 4 ZIP codes and is home to approximately 69,339 residents. It is a relatively young city, with a median age of 37.12 years.

Economically, Waterloo is a solidly middle-class community. The median household income of $58,350 is below the national average. Approximately 15.4% of residents live below the poverty line. The unemployment rate is 6.3%, above the national average.

The real estate market in Waterloo is one of the more affordable housing markets in the country. Median home values stand at $147,788, which is below the national average. Renters typically pay around $891 per month. Homeownership is high at 62.3%, typical of suburban and family-oriented communities.

The population of Waterloo is moderately educated. 35.2% of adults hold a bachelor's degree or higher — near the national average. The community is majority White (69.03%).

Waterloo, IA offers residents a cost-conscious lifestyle within Iowa. Spread across 4 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.

ZIP Codes in Waterloo
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
50701 29,745 $62,857 $183,400 $846 3.7% 43.2% 67.1%
50702 21,197 $59,784 $145,800 $926 5.2% 32.9% 59.5%
50703 18,397 $49,412 $92,500 $926 11.7% 25.1% 57.7%