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The total population of Waterloo is estimated to be 11,012 with 5,426 males (49.27%) and 5,586 females (50.73%). There are 160 more females than males in Waterloo.
The median household income in Waterloo was $85,508 in 2021, which marked an an increase of 4,820(5.97%) from $80,688 in 2020. This income is 114.61% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Waterloo sees its highest median household income among householders in the age group of 45 to 64 years old, at $104,744. Overall, the median household income for the city of Waterloo stands at $85,508.
In Waterloo, the median income for all workers aged 15 years and older, regardless of work hours, was $49,411 for males and $36,284 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $67,960 for males and $53,435 for females.
In Waterloo, there are just two different racial groups among households. Among these, White households report a median household income of $87,210, while Two or More Races households have a median household income of $80,918.
In 2022, the population of Waterloo was 11,130, a 0.49% increase year-by-year from 2021. Previously, in 2021, Waterloo's population was 11,076, an increase of 0.65% compared to a population of 11,005 in 2020.
The median age in Waterloo, IL is 40.4, as per 2021 ACS 5-Year Estimates. Of the total population, 20.38% were under the age of 15, 15.18% aged 15 to 29, 44.03% aged 30 to 64, 16.68% aged 65 to 84, and 3.73% were 85 years of age and older.
Racial distribution of Waterloo population: 96.12% are White, 0.47% are Black or African American, 0.47% are American Indian and Alaska Native, 1.56% are Asian, 0.17% are some other race and 1.22% are multiracial.