Waterloo, Indiana (46793) is a small rural town located in DeKalb County. It has a population of around 1,400 people and offers a peaceful and picturesque living environment for those looking to escape the hustle and bustle of city life. The average cost of renting a two-bedroom apartment in Waterloo is $810, which is significantly lower than the national average of $1,430. Additionally, grocery costs are 92 points lower than the US index of 100. This makes it an ideal place for those looking to save money while still enjoying a high quality of life.
The town offers its residents plenty of amenities such as plentiful outdoor activities, numerous local restaurants and shops, and a variety of local businesses providing ample job opportunities. Some notable employers in Waterloo include Wauseon Machine & Manufacturing Inc., which specializes in automotive parts manufacturing; Redbud Lumber Co., an independent lumber store offering both retail and wholesale services; De Kalb County Health Department; BBB Industries LLC; and Corwin Manufacturing, Inc., which manufactures customized metal products for various industries.
Waterloo (zip 46793) has an unemployment rate of 3.7%. The US average is 6.0%.
Waterloo (zip 46793) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Waterloo (zip 46793)
- The Sales Tax Rate for Waterloo (zip 46793) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Waterloo (zip 46793) is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Waterloo (zip 46793)
- The average income of a Waterloo (zip 46793) resident is $31,964 a year. The US average is $37,638 a year.
- The Median household income of a Waterloo (zip 46793) resident is $62,333 a year. The US average is $69,021 a year.