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2024 Compare Cities Economy:
Waterloo, IA vs Cedar Falls, IA

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Highlights
- Household income in Cedar Falls, is 35% more than it is in Waterloo and is 3% below the National Average.
- Waterloo unemployment rate is 5.6%.
- Cedar Falls unemployment rate is 3.3%.

Economy
 Waterloo, IACedar Falls, IAUnited States
 Unemployment Rate5.6%3.3%6.0%
 Recent Job Growth0.3%0.3%1.6%
 Future Job Growth19.9%24.5%33.5%
 Sales Taxes7.0%7.0%6.2%
 Income Taxes7.4%7.4%4.6%
 Income per Cap.$29,079$36,338$37,638
 Household Income$49,430$66,838$69,021
 Family Median Income$63,394$99,672$85,028
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 Est. Households By Income
 Waterloo, IACedar Falls, IAUnited States
 Income Less Than 15K12.2%10.0%9.4%
 Income between 15K and 20K6.2%2.3%3.8%
 Income between 20K and 30K10.8%9.5%8.1%
 Income between 30K and 40K11.6%9.3%8.0%
 Income between 40K and 50K9.9%7.1%7.6%
 Income between 50K and 60K8.8%6.8%7.2%
 Income between 60K and 75K10.1%9.7%9.6%
 Income between 75K and 100K12.1%13.0%12.8%
 Income between 100K and 150K11.7%18.4%16.3%
 Income between 150K and 200K3.7%5.3%7.8%
 Income greater than 200K3.0%8.6%9.5%
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 Population By Occupation
 Waterloo, IACedar Falls, IAUnited States
 Management, business, finance10.3%14.2%16.4%
 Engineering, computers, science4.9%6.1%6.5%
 Community, social services2.0%1.5%1.8%
 Legal0.8%1.1%1.2%
 Education, library5.4%9.2%6.2%
 Arts, design, media, sports, entertainment0.8%2.2%2.0%
 Healthcare practitioners and technology5.3%7.2%6.2%
 Healthcare support4.1%3.4%3.3%
 Firefighters, law enforcement1.8%1.0%2.1%
 Food preparation, serving6.9%10.9%5.4%
 Building maintenance2.9%2.2%3.6%
 Personal care2.4%4.7%2.6%
 Sales, office, administrative support18.9%20.6%20.9%
 Farming, fishing, forestry0.6%0.2%0.6%
 Construction, extraction, maintenance/repair7.3%4.7%8.1%
 Production, transportation, material moving25.5%10.7%13.1%

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Reviews for Waterloo    5 Reviews

The bike racks recently installed on the MET buses was a great idea for a community that has numerous bike riders and  More

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Over 16 years ago

Unless you're into getting wasted on a regular basis there's not a lot to do here. Most people barhop for fun. Being someone who doesn't drink and doesn't enjoy being  More

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Over 16 years ago

So the weather is emotional here - on and off during the summer its hot and rainy, yet during the fall it is quite often beautiful. Winters can be long, and spring can  More

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Reviews for Cedar Falls    7 Reviews

Over 7 years ago

I lived in Cedar Falls while attending the University of Northern Iowa. It's a great college town. Main street is nice and there are plenty of restaurants to choose  More

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Over 11 years ago

We've lived in Cedar Falls since moving here from the great chicago land area in 2006. The school system in Cedar Falls and in Iowa in general if VERY strong.   More

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When I was preparing to moved to Cedar Falls, IA I was repeatedly met with the remark "IOWA!, what's there? corn?" But apart from the bitter winters, tornadoes, and  More

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ZIPS IN WATERLOO, IOWA
50701 50702 50703
ZIPS IN CEDAR FALLS, IOWA
50613

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