HomeIowaBlack Hawk CountyWaterloo city
Waterloo city, Iowa: commercial real estate data.
Waterloo city is a Census city of 67,008 people across 61.60 square miles of land, in Black Hawk County. Median household income is $57,480, 62.1 percent of occupied homes are owned, and the SBA record carries 50 7(a) approvals to borrowers here worth $22.7 m.
78 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Waterloo
What Waterloo is
- Census place typecity
- Land area61.6 sq mi
- Water area1.84 sq mi
- Population per square mile of land1,088
- County holding the largest share of its areaBlack Hawk 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
- Population67,008
- Median age36.7
- Population under 1816,409
- Share under 1824.5 percent
- Population 65 and over11,387
- Share 65 and over17.0 percent
- Households29,283
- Family households16,103
- Share of households that are families55.0 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$57,480
- Per capita income$32,837
- Civilian labor force34,281
- Employed32,473
- Unemployed1,808 plus or minus 407
- Unemployment rate5.3 percent plus or minus 1.2
- Adults 25 and over44,488
- Adults 25 and over with a high school diploma or higher89.6 percent
- Adults 25 and over with a bachelor degree or higher21.8 percent
- Adults 25 and over with a graduate degree7.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterloo
Housing in Waterloo
- Housing units32,143
- Occupied units29,283
- Vacant units2,860
- Vacancy rate8.9 percent
- Owner occupied18,177
- Renter occupied11,106
- Ownership rate62.1 percent
- Median owner-occupied home value$152,600
- Median gross rent, monthly$923
- Annual rent as a share of median income19.3 percent
- Single family units23,575
- Share single family73.3 percent
- Units in buildings of two or more7,489
- Share in buildings of two or more23.3 percent
- Mobile homes1,074 plus or minus 257
- Median year structure built1962
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 commute29,411
- Commuting under 15 minutes15,298
- Share commuting under 15 minutes52.0 percent
- Commuting 30 minutes or more2,665
- Share commuting 30 minutes or more9.1 percent
- Drove alone78.1 percent
- Carpooled11.4 percent
- Public transport0.4 percent plus or minus 0.2
- Walked1.6 percent plus or minus 0.6
- Worked from home7.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterloo
SBA loans in Waterloo (7(a))
- Approvals50
- Gross approval$22,703,400
- Average approval$454,068
- Median approval$150,000
- Ninetieth percentile approval$1,125,000
- Largest approval$3,745,900
- Jobs supported685
- Jobs per approval13.7
- Loans with a final outcome10
- Paid in full10
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more6.0 percent
- Share to franchises14.0 percent
- Distinct lenders16
- Distinct industries by NAICS33
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)
- Approvals40
- Gross approval$20,629,000
- Average approval$515,725
- Median approval$310,000
- Largest approval$2,618,000
- Jobs supported375
- Loans with a final outcome13
- Charged off2
- Charge-off rate over resolved loans15.4 percent
- Median term240 months
- Distinct CDCs5
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Black Hawk County, not Waterloo
Black Hawk County context, not Waterloo figures
These are Black Hawk 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 Black Hawk County3,105
- Employment at those establishments, Black Hawk County63,693
- Covered employment, Black Hawk County70,886
- Average annual pay, Black Hawk County$59,631
- Average weekly wage, Black Hawk County$1,147
- Housing units permitted, Black Hawk County289
- Of those, single family, Black Hawk County166
- County product, 2024, Black Hawk County$10,039,272,000
- County product change over the prior year, Black Hawk County0.6 percent
- Average income of an arriving household, Black Hawk County$49,227
Every figure in this section is published for Black Hawk 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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, Iowa?
67,008, in 29,283 households. Waterloo city covers 61.60 square miles of land, which is 1,088 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?
Black Hawk 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?
$57,480. The median owner-occupied home is valued at $152,600. Median gross rent is $923 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?
50 7(a) approvals totalling $22.7 m, across 16 lenders, median approval $150,000, plus 40 504 approvals worth $20.6 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?
Of the 10 loans that have reached a final outcome, 10 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
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 Black Hawk 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.
Nearby