HomeIllinoisMonroe CountyWaterloo
Waterloo, Illinois: commercial real estate data.
Waterloo 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 since FY2020.
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$135,000
- Ninetieth percentile approval$857,800
- 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
Counted by borrower city: approvals to borrowers whose address is in Waterloo, in any county, FY2020 to FY2026. Only 8 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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$403,000
- Largest approval$765,000
- Jobs supported52
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Waterloo, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Waterloo
Flood risk in Waterloo
- NFIP communityCity of Waterloo
- NFIP community number170512
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/19/25(M)
The City of Waterloo participates in the National Flood Insurance Program as community 170512 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Monroe County, not Waterloo
Monroe County context, not Waterloo figures
- Establishments in Monroe County875
- Covered employment, Monroe County8,442
- Average annual pay, Monroe County$48,706
- Housing units permitted, Monroe County60
Every figure in this section is published for Monroe County as a whole and is not a measurement of Waterloo.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $7.8 m since FY2020, across 11 lenders, median approval $135,000, plus 6 504 approvals worth $2.3 m since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Waterloo in the National Flood Insurance Program?
Yes. Waterloo appears in the FEMA Community Status Book as Waterloo, city of, 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 labeled 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?
No. Nothing on this page presents parcel level zoning.
Nearby