Commute
The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.
Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Employment
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Schools
The high score in the schools category can be attributed to outstanding test scores, elevated graduation rates and the convenient placement of elementary and high schools in this area.
Health & Safety
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Waterloo is a mid-sized city located in the state of Illinois. The city has a population of 10,417 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (97% White). Given that fact, Waterloo could be considered less diverse than other cities. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Waterloo, your commute time will align closely with the national average, spanning a one-way duration of approximately 28 minutes.
Living in Waterloo can be a good experience for anyone relocating to the town. Having said that, in the state of Illinois, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Waterloo and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, commute, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Illinois and national averages.
Waterloo has a livability score of 79/100 and is ranked #85 in Illinois and #1,590 in the USA. Clearly, Waterloo is doing something right, as this score ranks well above the average of most cities. Waterloo has also earned the rare honor of ranking in the top 10 percentile among all cities. Based on the scores for each individual category, Waterloo has been rewarded with high marks for cost of living (A+), education (A), employment (B+) and housing (A+). On a less positive note, Waterloo does not have favorable ranks for the following: amenities (D). If we take a look at the data, we can find out why.
The Waterloo unemployment rate of 2.21% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Finding affordable real estate and housing in Waterloo can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Waterloo is real estate affordability. The median home price for Waterloo homes is $204,400, which is 16.9% higher than the Illinois average. If we take a closer look at the affordability of homes in Waterloo, we’ll see that the home price to income ratio is 2.9, which is 3.3% lower than the Illinois average.
| Statistic | Waterloo | Illinois | National |
| Average one way commute | 28min | 29min | 26min |
| Workers who drive to work | 77.5% | 73.4% | 76.4% |
| Workers who carpool | 4.7% | 8.3% | 9.3% |
| Workers who take public transit | 0.0% | 9.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.6% | 0.6% |
| Workers who walk | 1.6% | 3.1% | 2.8% |
| Working from home | 12.6% | 4.4% | 4.6% |
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