Income & Economy in Waterloo city, IA (50703)
Median Income
$49,412
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,055
Wealth inflow
Population
18,397
Unemployment
11.7%
8.0pp above US avg
IRS migration statistics show a net inflow of about 1,055 for ZIP 50703 (Waterloo city, IA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 50703 (2020–Present)
Since 2020, population declined 2.7%, median income rose 24.5% (inflation-adjusted), home values increased 4.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $49,412 |
| Unemployment | 11.7% |
| Establishments | 455 |
| Employees | 13,817 |