Waterloo-Cedar Falls Iowa Household Income
The Census ACS 1-year survey reports that the median household income for the Waterloo-Cedar Falls Iowa metro area was $61,833 in 2021, the latest figures available. Waterloo median household income is $3,767 lower than the median Iowa household income and $7,884 less than the US median household income. 2022 metro income data (including Waterloo median household income) will be released in September of 2023. Median family and per capita income for Waterloo-Cedar Falls are shown below.
Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.
Real Median Household Income for Waterloo Iowa
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| Iowa | $65,600 | -1.53% | +1.41% |
| Waterloo | $61,833 | -5.45% | +1.89% |
Trends in Waterloo, IA Real Median Household Income since 2005
The current median household income for Waterloo is $61,833. Real median household income peaked in 2019 at $66,903 and is now $5,070 (7.58%) lower.
Real Median Household Income: Waterloo, Iowa, National
Historical Inflation Adjusted Median Household Income for Waterloo
| Date | US | Iowa | Waterloo |
|---|---|---|---|
| 2021 | $69,717 | $65,600 | $61,833 |
| 2020 | $70,877 | $66,618 | $65,400 |
| 2019 | $69,638 | $65,377 | $66,903 |
| 2018 | $66,828 | $64,689 | $60,686 |
| 2017 | $66,687 | $64,735 | $57,825 |
| 2016 | $65,052 | $63,505 | $60,829 |
| 2015 | $63,784 | $62,595 | $59,758 |
| 2014 | $61,468 | $61,531 | $60,705 |
| 2013 | $60,869 | $60,845 | $57,141 |
| 2012 | $60,732 | $60,242 | $59,973 |
| 2011 | $60,969 | $59,671 | $53,621 |
| 2009 | $63,573 | $60,817 | $56,315 |
| 2007 | $66,465 | $61,949 | $56,474 |
| 2005 | $64,310 | $60,648 | $57,290 |
Waterloo Family Income
The ACS 1-year data shows the median family income for Waterloo was $81,177 in 2021. Compared to the median Iowa family income, Waterloo median family income is $3,731 lower. As with the median household income data, 2022 family income data for Waterloo will be released in September of 2023.
Real Median Family Income for Waterloo Iowa
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| Iowa | $84,908 | -0.50% | +3.45% |
| Waterloo | $81,177 | -4.39% | +0.80% |
Trends in Waterloo, IA Real Median Family Income since 2005
The current median family income for Waterloo is $81,177. Real median family income peaked in 2019 at $85,897 and is now $4,720 (5.49%) lower.
Real Median Family Income: Waterloo, Iowa, National
Historical Inflation Adjusted Median Family Income for Waterloo
| Date | US | Iowa | Waterloo |
|---|---|---|---|
| 2021 | $85,806 | $84,908 | $81,177 |
| 2020 | $87,269 | $85,337 | $84,904 |
| 2019 | $85,780 | $82,822 | $85,897 |
| 2018 | $82,434 | $82,075 | $80,534 |
| 2017 | $81,669 | $82,978 | $76,178 |
| 2016 | $80,231 | $81,687 | $81,565 |
| 2015 | $78,061 | $79,344 | $77,602 |
| 2014 | $75,505 | $77,637 | $77,657 |
| 2013 | $74,593 | $77,684 | $76,687 |
| 2012 | $73,920 | $75,806 | $73,722 |
| 2011 | $74,192 | $75,841 | $71,810 |
| 2009 | $77,322 | $77,415 | $78,023 |
| 2007 | $80,131 | $78,054 | $73,687 |
| 2005 | $77,647 | $76,450 | $72,573 |
Waterloo Per Capita Income
The ACS 1-year survey shows the per capita income for Waterloo was $32,672 in 2021. Compared to the median Iowa per capita income, Waterloo median per capita income is $3,043 lower. As with the median household and median family income numbers above, 2022 per capita income data for Waterloo will be released in September of 2023.
Real Per Capita Income for Waterloo Iowa
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| Iowa | $35,715 | -0.84% | +4.89% |
| Waterloo | $32,672 | -5.59% | +1.39% |
Trends in Waterloo, IA Real Per Capita Income since 2005
The current per capita income for Waterloo is $32,672. Real per capita income peaked in 2019 at $35,453 and is now $2,781 (7.84%) lower.
Real Per Capita Income: Waterloo, Iowa, National
Historical Real Per Capita Income for Waterloo
| Date | US | Iowa | Waterloo |
|---|---|---|---|
| 2021 | $38,332 | $35,715 | $32,672 |
| 2020 | $38,730 | $36,018 | $34,607 |
| 2019 | $37,803 | $35,085 | $35,453 |
| 2018 | $36,503 | $34,051 | $32,225 |
| 2017 | $35,807 | $34,114 | $31,914 |
| 2016 | $35,145 | $33,924 | $33,320 |
| 2015 | $34,284 | $32,739 | $32,685 |
| 2014 | $33,094 | $32,490 | $30,837 |
| 2013 | $32,833 | $32,316 | $30,533 |
| 2012 | $32,297 | $31,253 | $29,389 |
| 2011 | $32,243 | $30,987 | $29,903 |
| 2009 | $33,430 | $32,045 | $29,933 |
| 2007 | $34,959 | $32,179 | $30,279 |
| 2005 | $34,817 | $32,460 | $30,107 |
