There are 20 independent living communities serving Waterloo, Iowa. This includes 7 communities in Waterloo and 13 nearby. Independent living costs in Iowa range from about $17 up to $158 per day, with a median cost running about $63. The monthly cost averages roughly $1,879 and ranges between $511 and $4,741. Annually, the average cost is about $22,558, which is less than the national average of $23,100.
Costs for independent living in Waterloo, IA can range between $1,358 per month and $2,970 per month. The average cost is about $1,815 per month, or around $21,780 annually.
Waterloo is a mid size city in Iowa. It is located in Black Hawk County and is part of the Waterloo-Cedar Falls metropolitan statistical area. It is the 8th largest city in Iowa, with 70,157 inhabitants within the city itself and 127,844 in the surrounding metropolitan area. Residents who are over the age of 55 constitute 27% of the total population.
The SeniorScore™ for Waterloo is 69. The city has an average per capita income of $23,000. The average household income is $40,000 vs the average of $52,000 for the state of Iowa. The current unemployment rate is about 7.91% and the average home price is $91,500, which is significantly less than the Iowa average of $153,000.
Waterloo has very harsh average temperatures, with cold winters and calm summers. The area gets low levels of precipitation annually. In comparison to other cities in the United States, Waterloo has very poor air quality ratings and a very high rate of crime.