Waterloo, IN
Population 2,180 · Indiana
About Waterloo, IN
Waterloo is a small community in Indiana with a population of 2,180 residents. The median household income is $61,375 per year, which is near the national average. The median age in Waterloo is 33.5 years.
Housing in Waterloo has a median home value of $108,600 and median monthly rent of $829. Of the 963 total housing units, the majority are owner-occupied, with 638 owner-occupied and 223 renter-occupied units.
The unemployment rate in Waterloo is 6.7% and the poverty rate is 16.4%. 12.5% of residents hold a bachelor's degree or higher. The average commute time is 23 minutes.
Cost of Living in Waterloo, IN
Compared to national averages, Waterloo has a median household income of $61,375 (18% below the national median of $75,149). Home values average $108,600, which is 56% below the national median. Monthly rent at $829 is 29% below the US average of $1,163. Within Indiana, Waterloo's income is 11% below the state average of $69,330, and home values are 34% below the state median of $163,409.
Why Live in Waterloo, IN?
Waterloo offers affordable housing with a median home value of $108,600, below the US average of $244,900, and rent that’s lower than the national average at $829/month, and short commute times averaging just 23 minutes.
Potential considerations include median household income ($61,375) that falls below the national average. However, Waterloo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waterloo has a population of 2,180 with a median age of 33.5 years. Compare Waterloo with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Waterloo
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fremont | 2,177 | $61,953 | $144,900 | Compare |
| Orleans | 2,191 | $64,504 | $109,900 | Compare |
| Middletown | 2,163 | $55,833 | $98,500 | Compare |
| Burns Harbor | 2,198 | $98,333 | $236,700 | Compare |
| Knightstown | 2,154 | $44,655 | $121,500 | Compare |
| Cloverdale | 2,219 | $47,016 | $117,300 | Compare |
| Petersburg | 2,141 | $48,924 | $94,700 | Compare |
| Putnamville | 2,126 | $147,527 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Waterloo
What is the population of Waterloo, IN?
The population of Waterloo, IN is 2,180 according to the latest Census data.
What is the median household income in Waterloo?
The median household income in Waterloo, IN is $61,375 per year.
What is the median home value in Waterloo?
The median home value in Waterloo, IN is $108,600.
What is the average rent in Waterloo?
The median monthly rent in Waterloo, IN is $829.
What is the unemployment rate in Waterloo?
The unemployment rate in Waterloo, IN is 6.7%.