Waterloo is a larger medium-sized city located in the state of Iowa. With a population of 67,477 people and 24 associated neighborhoods, Waterloo is the eighth largest community in Iowa.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.59% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Compared to the rest of the country, citizens of Waterloo spend much less time in their cars: on average, their commute to work is only 17.00 minutes. This also means that noise and pollution levels in the city are less than they would otherwise be.

The education level of Waterloo citizens is a little higher than the average for US cities and towns: 21.83% of adults in Waterloo have at least a bachelor's degree.

The per capita income in Waterloo in 2022 was $32,837, which is lower middle income relative to Iowa, and middle income relative to the rest of the US. This equates to an annual income of $131,348 for a family of four. However, Waterloo contains both very wealthy and poor people as well.

Waterloo is an extremely ethnically-diverse city. The people who call Waterloo home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Waterloo residents report their race to be White, followed by Black or African-American. Important ancestries of people in Waterloo include German, Irish, English, Norwegian, and Yugoslavian.

The most common language spoken in Waterloo is English. Other important languages spoken here include Spanish and Serbo-Croatian.