Waterloo
Waterloo city, Illinois
Alright, let me paint you a picture of Waterloo, Illinois, a charming town that often flies under the radar. Imagine a place where the cost of living is refreshingly manageable; the median home value here is a cool $227,600, significantly below the national average. This affordability doesn't come at the expense of quality of life, either. Waterloo boasts a welcoming, small-town atmosphere, perfect for those seeking a slower pace and a strong sense of community. With a population just over 11,000, you'll find it easy to connect with your neighbors and become part of the local fabric.
From an investment perspective, Waterloo presents a compelling case. The median household income is a robust $88,019, reflecting a stable local economy. While I don't have unemployment figures, I can tell you that the town's affordability, coupled with a tight-knit community, makes it an attractive option for families and young professionals alike. If you're seeking a safe, friendly environment where your dollar stretches further, Waterloo is definitely worth a closer look.
Waterloo, Illinois at a Glance
Waterloo is a city in Waterloo city, Illinois with a population of approximately 11,012. The median home value is $227,600 and the median household income is $88,019. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,354 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$227,600
Median Income
$88,019
Population
11,012
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 11,012
- Median Age
- N/A
- Median Household Income
- $88,019
18% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 5.0%
60% below nat'l avg
- Median Home Value
- $227,600
19% below nat'l avg
- Median Rent
- $1,354
16% above nat'l avg
- Homeownership Rate
- 90.0%
37% above nat'l avg
- Affordability Index
- 218
118% above nat'l avg
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 73.10
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 15.0¢/kWh
10% below nat'l avg
- Est. Monthly Electric
- $135
Near nat'l avg
- Unemployment Rate
- 3.0%
19% below nat'l avg
- Poverty Rate
- 5.0%
60% below nat'l avg
Political Landscape
→ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Waterloo
Waterloo's Annual Oktoberfest
A German-themed festival with food, music, and beer.
Waterloo's Annual Homecoming
A celebration of the local high school with a parade and community events.
Monroe County Fair
A traditional county fair with agricultural exhibits, rides, and entertainment.
Waterloo's Annual Christmas Walk
A festive event with holiday lights, shopping, and visits with Santa.
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