| Index | Waterloo | Alabama | National |
| Average Test Scores | 40% | 44% | 48% |
| Student/Teacher ratio | n/a | 15:1 | 16:1 |
| Total public schools | n/a | 1,307 | 79,221 |
| Total private schools | n/a | 353 | 24,874 |
| Total post-secondary schools | n/a | 102 | 7,963 |

| Index | Waterloo | Alabama | National |
| Completed 8th grade | 65.7% | 80.7% | 84.3% |
| Completed high school | 65.7% | 79.2% | 83.0% |
| Completed some college | 50.0% | 53.8% | 59.4% |
| Completed associate degree | 25.9% | 31.9% | 38.5% |
| Completed bachelors | 21.3% | 24.0% | 30.3% |
| Completed masters | 1.9% | 8.9% | 11.5% |
| Completed professional degree | 0.0% | 2.5% | 3.3% |
| Completed doctorate | 0.0% | 1.0% | 1.3% |
There are a total of n/a public schools, n/a private schools and n/a post-secondary schools in Waterloo. Using the proficiency score averages, the average test scores for Waterloo, AL schools is 40%. The average student to teacher ratio is n/a. In Waterloo, AL, an average of 65.7% of students have completed 8th grade and an average of 65.7% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Iuka, MS | 3,044 | 54% | 12.2% |
| Burnsville, MS | 860 | 51% | 6.3% |
| Cherokee, AL | 898 | 37% | 22.9% |
| Waterloo, AL | 141 | 40% | 17.7% |
| City | Population | Avg. Test Scores | National Avg. |
| Jim Falls, WI | 141 | 67% | 39.6% |
| Atqasuk, AK | 140 | 10% | 79.2% |
| Oelrichs, SD | 140 | 28% | 41.0% |
| Coal Center, PA | 142 | 60% | 24.0% |
| Washington, CA | 142 | 50% | 4.2% |
| Waterloo, AL | 141 | 40% | 17.7% |