Best neighbourhoods in Waterloo
Waterloo's best neighbourhoods tend to combine strong incomes with high education levels. Belmont Village and Chippendale Common lead the pack, with median incomes of $134,000 and $138,000 and, in Belmont Village's case, 70% of residents holding a university degree.
Citywide, the median family income is $104,500 and 43.9% of residents have a bachelor's degree or higher. Rummelhardt tops the income list among these top spots at $147,000.
Just 14.5% of Waterloo's population is under 15, and the city runs at 2,941 people per square kilometre. About 22.2% of households spend 30% or more of their income on housing.
How Waterloo stacks up vs Ontario
Bars are the Waterlooaggregate's percentile rank vs Ontario's 20,000+ census Dissemination Areas.
Top neighbourhoods in Waterloo
| Neighbourhood | Median income | Median age | University-educated |
|---|---|---|---|
| 1. Rummelhardt · Waterloo | $147,000 | 50.4 | 57.0% |
| 2. Belmont Village · Waterloo | $134,000 | 41.2 | 70.0% |
| 3. Millennium & Cider Mill · Waterloo | $140,000 | 40.0 | 50.0% |
| 4. Laurelwood · Waterloo | $116,000 | 36.8 | 58.1% |
| 5. Westmount · Waterloo | $122,000 | 47.6 | 49.7% |
| 6. Westmount & Osprey · Waterloo | $135,000 | 44.4 | 44.0% |
| 7. Clair Hills · Waterloo | $119,000 | 34.8 | 49.4% |
| 8. Lake Louise & Conservation · Waterloo | $120,000 | 47.6 | 48.4% |
| 9. Eastbridge · Waterloo | $124,000 | 44.0 | 42.6% |
| 10. Erbsville · Waterloo | $98,000 | 34.4 | 51.9% |
| 11. University Downs · Waterloo | $116,000 | 36.4 | 42.9% |
| 12. Uptown · Waterloo | $90,000 | 60.4 | 52.6% |
| 13. Metropolitan Towers · Waterloo | $86,000 | 38.8 | 53.8% |
| 14. Bridgeport & Margaret · Waterloo | $106,000 | 45.6 | 36.0% |
| 15. Beechwood · Waterloo | $67,500 | 33.6 | 54.4% |
| 16. Westvale · Waterloo | $115,000 | 39.6 | 33.9% |
| 17. Lexington & Columbia · Waterloo | $96,000 | 49.2 | 38.0% |
| 18. Mt. Hope - Huron Park · Waterloo | $105,000 | 40.4 | 31.9% |
| 19. University & Marsland · Waterloo | $100,000 | 41.6 | 29.5% |
| 20. Fairfield · Waterloo | $85,000 | 34.0 | 32.2% |
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Common questions
What are the nicest neighborhoods in Waterloo?
Belmont Village, Chippendale Common, and Rummelhardt rank at the top, with median incomes between $134,000 and $147,000 and university-education rates from 57% to 70%.
What is the median income in Waterloo?
The citywide median family income is $104,500, though it runs higher in top-ranked neighbourhoods like Rummelhardt at $147,000.
How educated is Waterloo?
43.9% of Waterloo residents citywide hold a bachelor's degree or higher. In Belmont Village, that share reaches 70%.
How dense is Waterloo?
Waterloo averages 2,941 people per square kilometre citywide.