Black Hawk County · Iowa · Midwest · 67k residents
Waterloo, IA: economy, jobs & business costs
The site-selection read on Waterloo: labor costs, talent, corporate tax, energy, and business activity, with the Iowa median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,151/wk. Iowa's corporate income tax rate is 7.1%. Commercial electricity averages 10.2¢/kWh.
Compare Waterloo side by side
Avg. weekly wage
$1,151/wk
Corporate income tax
7.1%
Bachelor's degree or higher
21.8%
Commercial electricity
10.2¢/kWh
Economic momentum
How fast Waterloo's economy is moving, ranked against the US cities we track.
59/100
Steady
Ranks Waterloo's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $152,600 |
| Price per sq. ft. | $145 |
| Property tax rate | 1.5% |
| 1-bedroom rent | $651/mo |
| 2-bedroom rent | $948/mo |
| State & local income tax | 5.3% |
| Sales tax | 6.9% |
| Corporate income tax | 7.1% |
| Avg. weekly wage | $1,151/wk |
| Bachelor's degree or higher | 21.8% |
| Commercial electricity | 10.2¢/kWh |
| Businesses per 1k residents | 29.8/1k |
| Wage: Software developer | $113,970 |
| Wage: Registered nurse | $76,920 |
| Wage: General manager | $82,400 |
| Wage: Customer service | $39,530 |
| Wage: Warehouse worker | $36,990 |
| Wage: Heavy truck driver | $58,730 |
| Wage: Electrician | $63,420 |
| Wage: Retail salesperson | $31,270 |
| Cost of living index | 75 |
| Groceries index | 94 |
| Utilities | $150/mo |
| Transit pass | $48/mo |
| Gas price | $3.00/gal |
| Healthcare index | 94 |
| Childcare (per child) | $950/mo |
| Median household income | $57,480 |
| Unemployment rate | 3% |
| Population | 67k |
| Crime index | 38/100 |
| School rating | 6.5/10 |
| Walkability | 34/100 |
| Disaster risk | 77/100 |
| Avg. commute | 19 min |
| Sunny days / year | 200 days |
| July high | 85°F |
| January low | 11°F |
| Annual snowfall | 39 in |
| Home price YoY | +0.5% |
| Home price MoM | -0.3% |
| Rent YoY | +4.5% |
| Rent MoM | +0.3% |
| Employment (jobs) YoY | -0.3% |
| Building permits YoY | +209.2% |
| Ocean coast | 857 mi |
| Big lake | 179 mi |
| Mountains | 350 mi |
| Major airport | 53 mi |
| Ski resort | 216 mi |
Popular comparisons
Nearby
- Cedar Falls, IA · 41k
- Marshalltown, IA · 28k
- Marion, IA · 42k
- Cedar Rapids, IA · 137k
- Mason City, IA · 27k
Similar size
- Ames, IA · 68k
- West Des Moines, IA · 71k
- Council Bluffs, IA · 63k
- Ankeny, IA · 73k
- Dubuque, IA · 59k
Real listings in Waterloo
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Waterloo a good place to run a business?
- Iowa's corporate income tax rate is 7.1%; average weekly wages in the surrounding labor market run $1,151/wk; commercial electricity averages 10.2¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Waterloo, IA?
- Waterloo indexes at 75 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $948/mo and a acs median home value of $152,600.
- How much does a house cost in Waterloo?
- The acs median home value in Waterloo is $152,600 (Census ACS estimate; individual listings vary).
- How much is rent in Waterloo?
- A two-bedroom in Waterloo rents for about $948/mo.