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ZipNumbers

Illinois · Census place 79150

Waterloo city, IL

Quick answer

Waterloo city has 11,055 residents, ranking #208 of 1462 places in Illinois. Median household income is $92,005, the median home is worth $237,900 and median gross rent runs $873 a month.

Population
11,055Waterloo city residents
Median household income
$92,005Past 12 months, inflation adjusted
Median home value
$237,900Owner-occupied units
Median gross rent
$873Rent plus utilities, monthly
Median age
40.2 yrsAll residents
Homeownership rate
76.9%Owner-occupied households

What the numbers mean in Waterloo city

Housing cost measured against local earnings.

A household earning the Waterloo city median would spend about 11.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.5% of residents and 76.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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