Waterloo, IA Employment - Median Household Income, Unemployment Rate

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Key findings

The income per capita in Waterloo is 7% lower than the national average
The median household income in Waterloo is 15% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Waterloo is 6% lower than the national average
The poverty level in Waterloo is 16% higher than the national average

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am i middle class

$31,291 $46,942 $93,884

City

$36,376 $54,570 $109,140

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.

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Waterloo median earnings by income bracket

Waterloo employment by industry

Labour Type	Male	Female
Construction industry	11.2%	11.2%
Manufacturing sector	29.3%	29.3%
Financial & insurance services	3.1%	3.1%
Wholesale & retail services	15.4%	15.4%
Public administration	1.9%	1.9%
Transportation, warehousing & utilities	6.4%	6.4%
Education, health & social services	7.6%	7.6%
Other	23.4%	23.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Hudson, IA	2,409	$105,000	89.8%
Dike, IA	1,192	$80,625	45.7%
Jesup, IA	2,725	$80,568	45.6%
Denver, IA	1,759	$78,571	42.0%
Washburn, IA	524	$75,568	36.6%
Waterloo, IA	67,671	$46,942	15.1%

Cities with similar population

City	Population	Household Income	National Avg.
Mount Vernon, NY	67,623	$59,291	7.2%
Muncie, IN	67,739	$34,602	37.5%
Rogers, AR	67,787	$65,511	18.4%
Palatine, IL	67,875	$83,495	50.9%
Gaithersburg, MD	67,878	$91,845	66.0%
Waterloo, IA	67,671	$46,942	15.1%

Source: The Waterloo, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).

Index	Waterloo	Iowa	National
Income per capita	$27,704	$28,872	$29,829
Median household income	$46,942	$54,570	$55,322
Median income owner occupied	$62,592	$66,527	$70,586
Median income renter occupied	$31,813	$30,828	$35,192
Median earnings male	$34,027	$37,409	$36,919
Median earnings female	$26,429	$25,115	$26,250
Unemployment rate	4.4%	3.1%	4.7%
Poverty level	17.5%	12.3%	15.1%