Waterville, IA
Population 143 · Iowa
About Waterville, IA
Waterville is a small community in Iowa with a population of 143 residents. The median household income is $48,750 per year, which is below the national average. The median age in Waterville is 42.3 years.
Housing in Waterville has a median home value of $93,800 and median monthly rent of $0. Of the 59 total housing units, the majority are owner-occupied, with 54 owner-occupied and 3 renter-occupied units.
The unemployment rate in Waterville is 0.0% and the poverty rate is 4.2%. 5.2% of residents hold a bachelor's degree or higher. The average commute time is 34.1 minutes.
Cost of Living in Waterville, IA
Compared to national averages, Waterville has a median household income of $48,750 (35% below the national median of $75,149). Home values average $93,800, which is 62% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Waterville's income is 28% below the state average of $67,947, and home values are 29% below the state median of $132,237.
Why Live in Waterville, IA?
Waterville offers affordable housing with a median home value of $93,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 4.2%, better than the national average.
Potential considerations include median household income ($48,750) that falls below the national average. However, Waterville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waterville has a population of 143 with a median age of 42.3 years. Compare Waterville with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Waterville
What is the population of Waterville, IA?
The population of Waterville, IA is 143 according to the latest Census data.
What is the median household income in Waterville?
The median household income in Waterville, IA is $48,750 per year.
What is the median home value in Waterville?
The median home value in Waterville, IA is $93,800.
What is the average rent in Waterville?
The median monthly rent in Waterville, IA is $0.
What is the unemployment rate in Waterville?
The unemployment rate in Waterville, IA is 0.0%.