Waterloo, CA is a great place to live with lots of local amenities. Local businesses such as Butcher & Baker Grocery Store, Waterloo Pizza & Pasta, and Joe's Barber Shop offer residents plenty of options for shopping and dining. The cost of living in Waterloo is slightly higher than the national average. For example, the average rent for a two bedroom apartment is $1,300 compared to $1,430 across the United States. Additionally, the grocery cost index in Waterloo is 103 versus 100 in the US. Despite these small differences in costs, Waterloo remains an affordable place to live with plenty of local options.
Waterloo has an unemployment rate of 9.2%. The US average is 6.0%.
Waterloo has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Waterloo
- The Sales Tax Rate for Waterloo is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Waterloo is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Waterloo
- The average income of a Waterloo resident is $50,942 a year. The US average is $37,638 a year.
- The Median household income of a Waterloo resident is $0 a year. The US average is $69,021 a year.