Area data
Waterloo, IA — ZIP 50702
Population: 20,882 (Census ACS)
The median home value in ZIP 50702 (Waterloo, IA) is $151,571 — down 0.9% over the past year. Homes sell for a median $190,000 after a median 10 days on market. Typical rent runs $888/month. 4 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with drought, strongwind, tornado the top-rated hazards. Cost of living is 10.5% below the US average (BEA, metro/state-level).
$151,571
Median home value
-0.9%
1-year change
10
Median days on market
Relatively Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $151,571
- 1-year appreciation
- -0.9%
- 3-year appreciation
- +6.6%
- 5-year appreciation
- +24.7%
- 10-year appreciation
- +52.1%
- All-time peak (2026-01)
- $153,827
- House Price Index (state)
- 379.0 (+3.7% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $190,000
- Median list price
- $185,000
- Median price per sqft
- $128
- 1-year sale-price change
- +26.7%
- Median days on market
- 10 days
- Homes sold (recent period)
- 86
- For-sale inventory
- 61
- Sale-to-list ratio
- 99.3%
- Active listings
- 29
- 1-year forecast
- +1.5%
- Days to pending
- 18 days
- New listings (monthly)
- 30
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $888/mo
- 1-year rent change
- +5.1%
- Studio fair-market rent
- $696/mo
- 1BR fair-market rent
- $870/mo
- 2BR fair-market rent
- $1,088/mo
- 3BR fair-market rent
- $1,415/mo
- 4BR fair-market rent
- $1,633/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Low)
- 89.5 (100 = US avg)
- Electricity rate (state-level)
- 13.7¢/kWh
- Natural gas rate (state-level)
- $10.60/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 4
- Elementary schools
- 3
- Middle schools
- 0
- High schools
- 1
- Schools include
- Irving Elementary School, Kittrell Elementary School, Lowell Elementary School, West High School
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- drought, strongWind, tornado, winterWeather, coldWave
- Notable hazard ratings (county)
- coldWave: Relatively Moderate · drought: Relatively High · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Moderate · inlandFlooding: Relatively Moderate
- Wildfire risk to homes (county)
- Higher than 17% of US counties
- Buildings in wildfire direct-exposure zone
- 17.5%
- Radon potential (county)
- High radon potential — EPA Zone 1 of 3
- EPA Superfund (NPL) sites within 5 mi
- 1
- Nearest Superfund site
- Waterloo Coal Gasification Plant (2.2 mi — proposed for listing)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Annual precipitation
- 41.5 in
- USDA plant hardiness zone
- 5a (extreme annual low -20 to -15°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Air quality
- Air quality rating
- Moderate
- Median AQI (annual)
- 53
- Days with Good air quality
- 147
- Days with Moderate air quality
- 200
- Days with Unhealthy air quality
- 3
- Highest AQI recorded (year)
- 187
Source: EPA air quality data (nearest monitoring station, annual)
Walkability & transit
- Walkability index
- 7.5 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 27,709
- Jobs reachable by transit (45 min)
- 21,902
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- Airports within 30 mi
- 15
- Nearest airport
- Flyers Airport (5 mi)
- Nearest major airport
- Waterloo Regional Airport (ALO) (8 mi)
- Hospitals nearby (~15 mi)
- 1
- Hospitals include
- MERCYONE WATERLOO MEDICAL CENTER
- Avg hospital rating (CMS)
- 4.0 / 5
- Best hospital rating nearby (CMS)
- 4.0 / 5
- Solar radiation rating
- Fair (3.9 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- -466 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,959
- Housing built before 1970
- 73.0%
- Housing built 2000 or later
- 9.2%
- Median annual property tax
- $2,439
- Mean commute to work
- 16 min
- Households with broadband internet
- 73.6%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 62,856
- Average weekly wage
- $1,142
- Top industries (by employment)
- Health Care, Accommodation & Food, Administrative Services
- Annual residential building permits (county)
- 166
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 50702 | State median | US median | |
|---|---|---|---|
| Median home value | $151,571 | $211,348 | $289,727 |
| Median sale price | $190,000 | $220,000 | $325,000 |
| Median days on market | 10 days | 48 days | 51 days |
| Typical rent | $888/mo | $1,175/mo | $1,808/mo |
| Median annual property tax | $2,439 | $1,927 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 50702?
- $151,571.
- What is the median sale price in ZIP 50702?
- $190,000.
- How long do homes take to sell in ZIP 50702?
- Median days on market: 10 days.
- What is typical rent in ZIP 50702?
- Typical rent: $888/month.
- What is the natural-hazard risk in ZIP 50702?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: drought, strongWind, tornado, winterWeather, coldWave.
- What is the wildfire risk in ZIP 50702?
- Risk to homes is higher than 17% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 50702?
- High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 50702?
- 1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Waterloo Coal Gasification Plant, 2.2 mi.
- How many schools serve ZIP 50702?
- 4 schools (3 elementary, 1 high) (NCES, 2022-23).
- Is ZIP 50702 walkable?
- Walkability index: 7.5/20 (EPA Smart Location Database).
- What is the air quality in ZIP 50702?
- Moderate. Median AQI: 53. (EPA AQI).
- What is the cost of living in ZIP 50702?
- Regional Price Parity: 89.5 (100 = US average) (Low) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →