Waterloo, NE Profile: Facts & Data

The Village of Waterloo had a population of 1,027 as of July 1, 2024. Waterloo ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Nebraska. See peer rankings below.

The primary coordinate point for Waterloo is located at latitude 41.2869 and longitude -96.2856 in Douglas County. The formal boundaries for the Village of Waterloo encompass a land area of 0.64 sq. miles and a water area of 0 sq. miles. Douglas County is in the Central time zone (GMT -6).

The Village of Waterloo has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Waterloo, NE Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,027 (100%)
Population in Households	1,027 (100.0%)
Population in Families	829 (80.7%)
Population in Group Quarters¹	0
Population Density	1,277
Diversity Index²	28


INCOME
Median Household Income	$85,776
Average Household Income	$121,616
% of Income for Mortgage⁴	33%
Per Capita Income	$48,552
Wealth Index⁵	142
Socioeconomic Status Index⁶	Moderate (58.8)

HOUSING
Total HU (Housing Units)	448 (100%)
Owner Occupied HU	308 (68.7%)
Renter Occupied HU	102 (22.8%)
Vacant Housing Units	38 ( 8.5%)
Median Home Value	$447,170
Average Home Value	$557,630
Housing Affordability Index³	67

HOUSEHOLDS
Total Households	410
Average Household Size	2.50
Family Households	255
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Waterloo, NE - Peer Comparisons by Rank and Percentile

The table below compares Waterloo to the other 593 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	2.18%	1.42%
Households	2.06%	1.47%
Families		1.37%
Median Household Income		1.38%
Per Capita Income		4.32%
Owner Occupied HU		2.00%

Variable Description	Rank	Percentile
Total Population	# 112	81st
Population Density	# 123	79th
Median Household Income	# 117	80th
Housing Affordability Index	# 205	35th
Per Capita Income	# 74	88th
Diversity Index	# 139	77th

Waterloo, NE Profile: Facts & Data

Waterloo, Nebraska - Basic Facts

Waterloo, NE Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Waterloo, NE - Peer Comparisons by Rank and Percentile

Waterloo, NE - Most Popular Things to Do

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