Cost of living in Waterloo
Waterloo is higher than the Ontario median on median family income and higher than the Ontario median on spending 30%+ on housing.
Key metrics
Bars are the Waterlooaggregate's percentile rank against Ontario's 20,000+ census Dissemination Areas.
What stands out
- Median family income: $104,500 — meaningfully above the Ontario median.
Top neighbourhoods in Waterloo by median family income
| Neighbourhood | Median family income | Spending 30%+ on housing | Owner-occupied | Renters |
|---|---|---|---|---|
| 1. Laurelwood · Waterloo | $172,000 | 11.1% | 95.6% | 0.0% |
| 2. Eastbridge · Waterloo | $162,000 | 7.8% | 100.0% | 0.0% |
| 3. Rummelhardt · Waterloo | $158,000 | — | 88.9% | 0.0% |
| 4. Beechwood · Waterloo | $157,000 | 0.0% | 94.6% | 0.0% |
| 5. University Downs · Waterloo | $151,000 | 0.0% | 97.3% | 0.0% |
| 6. Erbsville · Waterloo | $151,000 | 16.8% | 92.6% | 7.4% |
| 7. Lakeshore Village · Waterloo | $142,000 | 8.5% | 91.8% | 6.1% |
| 8. Millennium & Cider Mill · Waterloo | $140,000 | 19.4% | 93.4% | 6.6% |
| 9. Chippendale Common · Waterloo | $138,000 | 18.4% | 70.3% | 32.4% |
| 10. Westmount & Osprey · Waterloo | $135,000 | 0.0% | 100.0% | 0.0% |
| 11. Belmont Village · Waterloo | $134,000 | 20.0% | 73.2% | 24.4% |
| 12. Westmount · Waterloo | $130,000 | 0.0% | 96.9% | 6.3% |
| 13. Westvale · Waterloo | $128,000 | 14.3% | 95.8% | 4.2% |
| 14. Clair Hills · Waterloo | $127,000 | 19.5% | 80.5% | 22.0% |
| 15. Uptown · Waterloo | $125,000 | 19.6% | 66.0% | 31.9% |
| 16. Fairfield · Waterloo | $121,000 | 0.0% | 100.0% | 0.0% |
| 17. Lake Louise & Conservation · Waterloo | $120,000 | 10.1% | 94.2% | 7.2% |
| 18. Bridgeport & Margaret · Waterloo | $110,000 | 7.5% | 89.7% | 10.3% |
| 19. Weber & Albert · Waterloo | $106,000 | 0.0% | 63.3% | 36.7% |
| 20. Mt. Hope - Huron Park · Waterloo | $105,000 | 0.0% | 95.7% | 4.3% |
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