Safe Rate Local
Learn about the people, housing, costs and businesses in Waterloo, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Waterloo.
True all-in cost — P&I, taxes, insurance & utilities for homes in Waterloo.
Find and compare lenders active near Waterloo.
FEMA flood zones and flood insurance estimates for Waterloo.
Seismic risk and earthquake insurance estimates for Waterloo.
Wildfire exposure and insurance estimates for Waterloo.
As of today, the 30-year fixed mortgage rate for Waterloo is approximately 6.948% (6.956% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for WaterlooThe median home value in Waterloo is $279k. The median monthly rent is $892. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Waterloo have increased 13.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,299/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Waterloo is $100k/year.
Calculate your buying powerThe largest employment sectors in Waterloo are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.