Waterloo, NE
Population 950 · Nebraska
About Waterloo, NE
Waterloo is a small community in Nebraska with a population of 950 residents. The median household income is $75,417 per year, which is above the national average. The median age in Waterloo is 38.5 years.
Housing in Waterloo has a median home value of $218,400 and median monthly rent of $1,125. Of the 394 total housing units, the majority are owner-occupied, with 303 owner-occupied and 89 renter-occupied units.
The unemployment rate in Waterloo is 0.6% and the poverty rate is 6.4%. 18.3% of residents hold a bachelor's degree or higher. The average commute time is 25.8 minutes.
How Waterloo Ranks in Nebraska
Cost of Living in Waterloo, NE
Compared to national averages, Waterloo has a median household income of $75,417 (0% above the national median of $75,149). Home values average $218,400, which is 11% below the national median. Monthly rent at $1,125 is 3% below the US average of $1,163. Within Nebraska, Waterloo's income is 14% above the state average of $65,895, and home values are 74% above the state median of $125,824.
Why Live in Waterloo, NE?
Waterloo offers a strong local economy with a median household income of $75,417, well above the national average, and affordable housing with a median home value of $218,400, below the US average of $244,900, and rent that’s lower than the national average at $1,125/month. Additionally, the city features a strong job market with an unemployment rate of just 0.6%, and a low poverty rate of 6.4%, better than the national average.
Waterloo has a population of 950 with a median age of 38.5 years. Compare Waterloo with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Waterloo
Cities in Nebraska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Laurel | 947 | $56,250 | $152,500 | Compare |
| Benkelman | 946 | $42,500 | $84,800 | Compare |
| Crawford | 957 | $58,438 | $75,600 | Compare |
| Newman Grove | 934 | $57,000 | $82,500 | Compare |
| Pawnee City | 930 | $38,611 | $57,000 | Compare |
| Tilden | 977 | $66,731 | $116,900 | Compare |
| Crofton | 920 | $80,000 | $119,000 | Compare |
| Henderson | 918 | $76,538 | $142,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nebraska
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, NE?
The population of Waterloo, NE is 950 according to the latest Census data.
What is the median household income in Waterloo?
The median household income in Waterloo, NE is $75,417 per year.
What is the median home value in Waterloo?
The median home value in Waterloo, NE is $218,400.
What is the average rent in Waterloo?
The median monthly rent in Waterloo, NE is $1,125.
What is the unemployment rate in Waterloo?
The unemployment rate in Waterloo, NE is 0.6%.