Cost of Living,
Waterloo's Real Estate Market
Waterloo-Cedar Falls Metro Area
Profile: Small-city complex
Location: Northeast Iowa along the Cedar River
Time zone: Central Standard Time
|Cost of living ||Harsh winters|
|Small town lifestyle||Economic cycles|
|Outdoor recreation ||Entertainment|
The Waterloo-Cedar Falls area is a busy manufacturing and agricultural center dominated by such names as John Deere and IBP (meatpacking) among others. The downtown areas are typically Midwestern, functional and attractive mix of old and new. While entertainment and nightlife are minimal, there are waterfront parks and a well-used bike trail running 52 miles to Cedar Rapids on an old railroad grade. There are two noted science museums.
Cedar Falls lies 8 miles west of Waterloo and is home to the 13,000-student University of Northern Iowa. The area is vulnerable to the economic cycles of the farm industry, but has attractive housing costs and overall cost of living - among lowest in the state. Short commute times make it a stress-free place to live. Cedar Falls won a 2002 National Trust for Historic Preservation Great American Main Street Award.
Waterloo is situated on the banks of the Cedar River in northeast Iowa. The terrain is flat to gently rolling, mainly farmland. The climate is humid continental with four distinct seasons and highly variable temperature and precipitation. Summer is warm and humid, and receives most of the year’s rainfall as thunderstorms. Winter is cold and dry with occasional snow. There is some bitter cold, with an average of 3 days per year with a high temperature below zero. First freeze is early October, last is late April.
Interesting Facts about Waterloo, Iowa
As of 2014, Waterloo's population is 68,248 people. Since 2000, it has had a population growth of -0.46 percent.--------------------
The median home cost in Waterloo is $87,800. Home appreciation the last year has been 3.00 percent.--------------------
Compared to the rest of the country, Waterloo's cost of living is 20.00% Lower than the U.S. average.--------------------
Waterloo public schools spend $12,219 per student. The average school expenditure in the U.S. is $12,435. There are about 15.2 students per teacher in Waterloo.--------------------
The unemployment rate in Waterloo is 5.20 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Waterloo jobs have Increased by 0.93 percent.
Ranked #78 America's Best and Worst Cities for Crime (Smallest Metro Areas)
Ranked #96 America's Most (and Least) Stressful Cities (117 Smallest Metro Areas)
Ranked #108 Best Green Cities
Ranked #113 2005 Best Places to Live
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Average Commute time is 16 minutes. The National Average is 25 minutes.--------------------
Waterloo's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes