Waterloo, AL is a small town located in Lauderdale County with a population of just under 3,500 people. It is a great place to live for those who are looking for an affordable and comfortable lifestyle. The 2 bedroom rent in Waterloo is $960, significantly lower than the US average of $1, 430. This makes it an attractive option for those looking to save money on rent. In addition, the Grocery Cost Index in Waterloo is 93 versus 100 in the US, making it even more cost effective to live there.
Besides its affordability, Waterloo also offers plenty of cultural activities and entertainment options. There are several local businesses such as the Riddle’s Men's Store that provide clothing and accessories for men; The Bait Shop which provides all sorts of fishing equipment; and The Old Country Store that features antiques and home decor items. There’s also the Hamilton Funeral Home which provides funeral services; O’Reilly Auto Parts that offers auto parts and supplies; Food World Supermarket for groceries; and Goody's Department Store for apparel needs. With so many options available in Waterloo, AL, there is something to do or buy whatever you need or want.
Waterloo (zip 35677) has an unemployment rate of 2.8%. The US average is 6.0%.
Waterloo (zip 35677) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Waterloo (zip 35677)
- The Sales Tax Rate for Waterloo (zip 35677) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Waterloo (zip 35677) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Waterloo (zip 35677)
- The average income of a Waterloo (zip 35677) resident is $33,756 a year. The US average is $37,638 a year.
- The Median household income of a Waterloo (zip 35677) resident is $42,466 a year. The US average is $69,021 a year.