IL landscape

62298

Waterloo, IL

Total Population
17,192
Median Household Income
$93,066
Median Home Value
$246,600
Median Rent
$856

Quick Facts & Insights

Key metrics and how they compare

Household Income
$93,066
100.5% above state median
Home Value
$246,600
101.3% above state median
Rent
$856
100% above state median
Median Age
43.4 years

Data Sources & Accuracy

U.S. Census Bureau:Population, age, income, education, employment, and housing characteristics are from the American Community Survey (ACS) 5-Year Estimates (2018–2022 release).
Zillow (ZHVI):Typical home values reflect the Zillow Home Value Index (smoothed, seasonally adjusted), published monthly.

Estimates carry a margin of error and describe the ZIP-code area as a whole, not any individual property or block. See our methodology and data sources for details, or report a problem on our corrections page.

Location Map

Waterloo, IL 62298

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Demographics Overview

Population statistics from the U.S. Census Bureau (ACS 5-year estimates)

Key Demographic Insightsfor Waterloo, IL

Median household income is 100% below state average, suggesting more affordable cost of living.

33.7% of adults hold bachelor's degrees or higher, comparable to national average.

Strong job market with unemployment rate of 2.0%, below national average.

Low poverty rate of 3.8%, well below national average.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$93,066
+23.8% vs US
vs State Median
+-100.5%
State: $-20,593,227
Income Distribution
30.8%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.48 people

Total Households
6,862
Family Households
59.5%

Employment by Industry

Where residents work

#1 Industry
Education
27.2%
#2 Industry
Manufacturing
22.3%
#3 Industry
Finance
14.0%
Total Employed Residents:4,578

Commute Patterns

How residents get to work

Short Commute
3.8%
Under 10 minutes
Long Commute
6.9%
Over 60 minutes
Work From Home
2.4%
197 workers
Public Transit
0.0%
1 workers
Total Commuting Workers:8,113
Commute Insights

Labor Force Statistics

Employment Rate
98.0%
9,010 employed
Labor Force
9,222
189 unemployed
Median Age
43.4 years
Per Capita Income
$45,786
Poverty Rate
3.8%

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