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A1US GDP 2025 $30.86T│A2Real growth +2.3%│A3CPI, 12 mo to Sep 2026 +3.7%│A4Unemployment 2025 4.3%BEA · BLS · Census — updated October 29, 2026
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CBSA!47940=METRO("Waterloo, IA")

Waterloo-Cedar Falls, IA metro area

The Waterloo-Cedar Falls, IA metropolitan area spans 3 counties and had 170,081 residents in 2024. Its economy produced $12.4 billion that year.

Iowa3 counties
GDP, 2024$12.4B#235 of 387 · +0.8% nominal
Income per person, 2024$58,410#249 of 387
Unemployment, 20253.9%#175 of 387 · #1 = lowest
Price level, 2024 (US = 100)87.1#353 of 387 · #1 = most expensive
Fig. 1Income, people and outputSums of BEA county estimates for the metro area
0$20k$40k$60k$80k19901995200020052010201520202025Waterloo, IAUnited States
Waterloo, IAUnited States
155K160K165K170K175K1990199520002005201020152020Population
$0B$5.0B$10B$15B2005201020152020GDP

BEA county estimates (CAINC1, CAGDP1) summed over the 3 counties of the metro area; current dollars.

Industries, 2024

Share of the metro economy; blank where BEA suppresses a county figure.

IndustryValue addedShareUS share
Real estate$1.1B9.2%13.7%
Government$1.2B9.9%11.1%
Manufacturing$2.9B23.9%9.5%
Finance & insurance——8.7%
Professional services——8.0%
Health care——7.5%
Wholesale trade——6.3%
Retail trade$946M7.7%5.9%
Information$175M1.4%5.7%
Construction$455M3.7%4.3%
Transportation & warehousing——3.3%
Accommodation & food$321M2.6%3.1%
Administrative & waste services$271M2.2%3.0%
Other services$372M3.0%2.0%
Management of companies——1.8%
Utilities——1.6%
Mining, oil & gas$6M0.0%1.3%
Education——1.1%
Arts & recreation$62M0.5%1.0%
Agriculture——0.8%
Fig. 2Unemployment rate since 2015Monthly, not seasonally adjusted, percent
0%5%10%15%201620182020202220242026Unemployment rate

BLS Local Area Unemployment Statistics, metropolitan areas.

Counties in the metro area

OMB delineation of July 2023 (Census Bureau, list 1).

CountyStateTypeFIPS
Black Hawk CountyIowaCentral19013
Bremer CountyIowaOutlying19017
Grundy CountyIowaOutlying19075