A-
19%
Income/capita NAT. AVG.
29%
Household income NAT. AVG.
53%
Unemployment NAT. AVG.
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IndexWaterlooIllinoisNational
Income per capita$35,376$31,502$29,829
Median household income$71,207$59,196$55,322
Median income owner occupied$88,140$75,354$70,586
Median income renter occupied$37,978$34,488$35,192
Median earnings male$51,613$40,474$36,919
Median earnings female$36,796$27,197$26,250
Unemployment rate2.2%5.3%4.7%
Poverty level3.1%14.0%15.1%
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Key findings

  • The income per capita in Waterloo is 19% higher than the national average
  • The median household income in Waterloo is 29% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Waterloo is 53% lower than the national average
  • The poverty level in Waterloo is 79% lower than the national average

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      am i middle class

      $
      Input your household income
      $47,466 $71,207 $142,414
      City
      $39,460 $59,196 $118,392
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Waterloo median earnings by income bracket

      Waterloo employment by industry

      Labour TypeMaleFemale
      Construction industry8.4%8.4%
      Manufacturing sector20.0%20.0%
      Financial & insurance services4.4%4.4%
      Wholesale & retail services14.1%14.1%
      Public administration5.3%5.3%
      Transportation, warehousing & utilities11.9%11.9%
      Education, health & social services7.8%7.8%
      Other25.5%25.5%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Grantwood Village, MO947$126,510128.7%
      Columbia, IL10,692$107,50094.3%
      Sunset Hills, MO8,466$100,97282.5%
      Crestwood, MO11,859$94,16170.2%
      Smithton, IL4,019$88,87960.7%
      Waterloo, IL10,417$71,20728.7%

      Cities with similar population

      City Population Household Income National Avg.
      Pine Hill, NJ10,418$61,06410.4%
      Oak Hills, CA10,415$93,94769.8%
      Frederick, CO10,414$107,44394.2%
      Mono, ON10,413n/a 
      Portage, WI10,412$52,1835.7%
      Waterloo, IL10,417$71,20728.7%
      Source: The Waterloo, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).