Waterloo is a very small city located in the state of Wisconsin. With a population of 3,611 people and just one neighborhood, Waterloo is the 222nd largest community in Wisconsin. Much of the housing stock in Waterloo was built prior to World War II, making it one of the older and more historic cities in the country.
Waterloo is a blue-collar town, with 43.77% of people working in blue-collar occupations, while the average in America is just 27.7%. Overall, Waterloo is a city of managers, production and manufacturing workers, and construction workers and builders. There are especially a lot of people living in Waterloo who work in business and financial occupations (11.76%), office and administrative support (8.29%), and management occupations (7.79%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.09% 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.
One downside of living in Waterloo is that it can take a long time to commute to work. In Waterloo, the average commute to work is 31.41 minutes, which is quite a bit higher than the national average.
Being a small city, Waterloo does not have a public transit system used by locals to get to and from work.
The citizens of Waterloo are slightly better educated than the national average of 21.84% for all cities and towns, with 23.91% of adults in Waterloo having a bachelor's degree or advanced degree.
The per capita income in Waterloo in 2022 was $37,379, which is middle income relative to Wisconsin, and upper middle income relative to the rest of the US. This equates to an annual income of $149,516 for a family of four. However, Waterloo contains both very wealthy and poor people as well.
Waterloo is a very 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. Waterloo also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 19.09% of the city鈥檚 residents. Important ancestries of people in Waterloo include German, Norwegian, Irish, Scottish, and Dutch.
The most common language spoken in Waterloo is English. Other important languages spoken here include Spanish and Italian.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to 蘑菇视频's exclusive exploration and analysis.
Did you know that the neighborhood has more Swiss and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Swiss ancestry and 9.7% have Norwegian ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. 蘑菇视频's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in Waterloo are upper-middle income, making it an above average income neighborhood. 蘑菇视频's exclusive analysis reveals that this neighborhood has a higher income than 63.8% of the neighborhoods in America. With 25.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.8% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the neighborhood, 36.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 33.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.6%), and 10.5% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is English, spoken by 91.7% of households. Other important languages spoken here include Spanish and Italian.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture 鈥� our learned behavior 鈥� comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the neighborhood in Waterloo, WI, residents most commonly identify their ethnicity or ancestry as German (38.6%). There are also a number of people of Irish ancestry (13.4%), and residents who report Mexican roots (10.3%), and some of the residents are also of Norwegian ancestry (9.7%), along with some English ancestry residents (4.4%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (30.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (79.3%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT鈥檚 patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.