HomeIllinoisMonroe CountyWaterloo city
Waterloo city, Illinois: commercial real estate data.
Waterloo city is a Census city of 11,129 people across 8.29 square miles of land, in Monroe County. Median household income is $98,711, 78.2 percent of occupied homes are owned, and the SBA record carries 24 7(a) approvals to borrowers here worth $7.8 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Waterloo
What Waterloo is
- Census place typecity
- Land area8.29 sq mi
- Water area0.13 sq mi
- Population per square mile of land1,343
- County holding the largest share of its areaMonroe County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterloo
How many people live in Waterloo
- Population11,129
- Median age41.5
- Population under 182,438
- Share under 1821.9 percent
- Population 65 and over2,293
- Share 65 and over20.6 percent
- Households4,491
- Family households3,055
- Share of households that are families68.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterloo
Income and work in Waterloo
- Median household income$98,711
- Per capita income$47,421
- Civilian labor force5,951
- Employed5,816
- Unemployed135 plus or minus 113
- Unemployment rate2.3 percent plus or minus 1.9
- Adults 25 and over7,879
- Adults 25 and over with a high school diploma or higher96.7 percent
- Adults 25 and over with a bachelor degree or higher37.3 percent
- Adults 25 and over with a graduate degree13.8 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterloo
Housing in Waterloo
- Housing units4,818
- Occupied units4,491
- Vacant units327 plus or minus 167
- Vacancy rate6.8 percent plus or minus 3.5
- Owner occupied3,511
- Renter occupied980 plus or minus 207
- Ownership rate78.2 percent
- Median owner-occupied home value$249,500
- Median gross rent, monthly$886
- Annual rent as a share of median income10.8 percent
- Single family units3,970
- Share single family82.4 percent
- Units in buildings of two or more848 plus or minus 257
- Share in buildings of two or more17.6 percent plus or minus 5.3
- Mobile homes0
- Median year structure built1991
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterloo
How Waterloo gets to work
- Workers 16 and over who commute5,023
- Commuting under 15 minutes1,460 plus or minus 328
- Share commuting under 15 minutes29.1 percent plus or minus 6.2
- Commuting 30 minutes or more2,495
- Share commuting 30 minutes or more49.7 percent
- Drove alone77.4 percent
- Carpooled7.9 percent plus or minus 3.0
- Public transport0.0 percent
- Walked1.2 percent plus or minus 1.2
- Worked from home12.9 percent plus or minus 4.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterloo
SBA loans in Waterloo (7(a))
- Approvals24
- Gross approval$7,811,400
- Average approval$325,475
- Median approval$150,000
- Ninetieth percentile approval$1,000,000
- Largest approval$1,877,400
- Jobs supported229
- Jobs per approval9.5
- Loans with a final outcome8
- Paid in full8
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises4.2 percent
- Distinct lenders11
- Distinct industries by NAICS17
A charge-off rate is not published here. only 8 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Waterloo
SBA loans in Waterloo (504)
- Approvals6
- Gross approval$2,331,000
- Average approval$388,500
- Median approval$454,000
- Largest approval$765,000
- Jobs supported52
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Waterloo
Flood risk in Waterloo
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170512
- Currently effective map date08/19/25(M)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Monroe County, not Waterloo
Monroe County context, not Waterloo figures
These are Monroe County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Waterloo measurements.
- Establishments in Monroe County875
- Employment at those establishments, Monroe County8,455
- Covered employment, Monroe County8,442
- Average annual pay, Monroe County$48,706
- Average weekly wage, Monroe County$937
- Housing units permitted, Monroe County60
- Of those, single family, Monroe County58
- County product, 2024, Monroe County$1,345,415,000
- County product change over the prior year, Monroe County5.6 percent
- Average income of an arriving household, Monroe County$76,852
Every figure in this section is published for Monroe County as a whole and is not a measurement of Waterloo. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Waterloo questions, answered from the record.
How many people live in Waterloo, Illinois?
11,129, in 4,491 households. Waterloo city covers 8.29 square miles of land, which is 1,343 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Waterloo in?
Monroe County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Waterloo?
$98,711. The median owner-occupied home is valued at $249,500. Median gross rent is $886 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Waterloo businesses?
24 7(a) approvals totalling $7.8 m, across 11 lenders, median approval $150,000, plus 6 504 approvals worth $2.3 m. These count approvals to borrowers whose address is in Waterloo, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Waterloo borrowers get paid back?
No rate is published for Waterloo. only 8 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Waterloo in the National Flood Insurance Program?
Yes. Waterloo appears in the FEMA Community Status Book as community 170512, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Waterloo figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Monroe County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Waterloo.
Is zoning published for Waterloo?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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