Area type of a place is calculated based on population density, home ownership, and proximity to various amenties
Waterloo, AL
For Buying Home
Affordable
About Waterloo
Waterloo is a suburb in the Florence Metro Area and in the Lauderdale County. It has a population of 137 and a population density of 260, which is 64% above the national average. It has a median age of 54, which is 12 years above the Florence Metro median age and 16 years above the national average.
Waterloo has a median home value of $132,900, which is 19% below the Metro average.The average rent of $1,321 is 49% above the metro average rent and 20% above the national average rent, making it one of the most affordable places to live in Florence. The average household income in Waterloo is $37,813 , which is 22% below the Metro average household income and 42% below the national average of household income.
The average school rating in Waterloo is 5..
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Demographics
Waterloo's population is made up of 51% married, 16% single, 21% divorced and 11% widowed. Baby Boomers make up the largest percentage of the population at 65%, while Millennials have the second largest segment at 8%. Homeowners make up 82% of the population in Waterloo.
- 50% Male
- 50% Female
Employment
The Per Capita income in Waterloo is $27,295. The Median Household Income is $36,250