HomeIowaBlack Hawk CountyWaterloo
Waterloo, Iowa: commercial real estate data.
Waterloo 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 since FY2020.
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$1,122,750
- Largest approval$3,745,900
- Jobs supported685
- Jobs per approval13.7
- Loans with a final outcome10
- Paid in full10
- Charged off0
- 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
Counted by borrower city: approvals to borrowers whose address is in Waterloo, in any county, FY2020 to FY2026. Only 10 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)
- Approvals40
- Gross approval$20,629,000
- Average approval$515,725
- Median approval$306,000
- Largest approval$2,618,000
- Jobs supported375
- Loans with a final outcome13
- Charged off2
- Median term240 months
- Distinct CDCs5
Counted by borrower city: approvals to borrowers whose address is in Waterloo, in any county, FY2010 to FY2026. Only 13 loans have 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 number190025
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date05/08/24
The City of Waterloo participates in the National Flood Insurance Program as community 190025 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.
Black Hawk County, not Waterloo
Black Hawk County context, not Waterloo figures
- Establishments in Black Hawk County3,105
- Covered employment, Black Hawk County70,886
- Average annual pay, Black Hawk County$59,631
- Housing units permitted, Black Hawk County289
Every figure in this section is published for Black Hawk County as a whole and is not a measurement of Waterloo.
All Black Hawk County figures →
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, 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 totaling $22.7 m since FY2020, across 16 lenders, median approval $150,000, plus 40 504 approvals worth $20.6 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 10 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 190025, 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 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?
No. Nothing on this page presents parcel level zoning.
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