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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Sioux City, IA vs Waterloo, IA

Side-by-side fiscal comparison · U.S. Census Bureau data (2023)

Reviewed by CitySpend Editorial Team · Updated

Waterloo, IA and Sioux City, IA spend within 14.3% of each other per resident — $17,802 versus $15,576 — so on the headline spending-per-capita measure the two cities are effectively neck and neck.

Sioux City, IA edges Waterloo, IA on the Fiscal Health Score by 4 points — 75/100 (grade B) to 71/100 (grade B). At a margin this narrow the grade is close enough that the factor-level detail matters more than the composite.

Sioux City, IA reports no outstanding debt per resident in its Census filing, while Waterloo, IA carries $605 per resident. Both cities pour the most per-resident dollars into the same function: parks and recreation leads in Sioux City, IA at $1,182 per resident and in Waterloo, IA at $1,325.

On the revenue side both lean hardest on other revenue — 26% of total revenue in Sioux City, IA and 17% in Waterloo, IA.

Summary

Waterloo spends 12.5% more per capita than Sioux City ($2,226/person difference). Sioux City, IA has the stronger Fiscal Health Score (B, 75/100).

Fiscal Health Score

City A
Sioux City, IA
Pop. 85,469
B
75/100
Budget Balance53
Debt Burden100
Pension Funding76
Spending Efficiency79
Revenue Diversity100
Trend Direction50
City B
Waterloo, IA
Pop. 67,256
B
71/100
Budget Balance100
Debt Burden28
Pension Funding76
Spending Efficiency65
Revenue Diversity100
Trend Direction50

Key Metrics

Metric
Sioux City
Waterloo
Total Spending
$1.3B
$1.2B
Spending / Capita
$15,576
$17,802
Total Revenue
$2.8B
$1.6B
Revenue / Capita
$33,238
$23,537
Total Debt
$0
$40.7M
Debt / Capita
$0
$605
Population
85,469
67,256
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0

Per Capita Spending by Department

Fire Protection
Sioux City$19
Waterloo$223
Highways & Roads
Sioux City$76
Waterloo$108
Parks & Recreation
Sioux City$1,182
Waterloo$1,325
Education
Sioux City$61
Waterloo$10
Health
Sioux City$413
Waterloo$431

Revenue Breakdown (Per Capita)

Sioux CityWaterloo
Property Tax
$0
$59
Sales Tax
$237
$677
Income Tax
$681
$920
Intergovernmental
$2,787
$2,021
Charges & Fees
$2,603
$1,614
Other
$8,608
$3,969

Spending Breakdown (Per Capita)

Sioux CityWaterloo
Fire Protection
$19
$223
Highways & Roads
$76
$108
Education
$61
$10
Public Welfare
$1,359
$2,637
Health
$413
$431
Hospitals
$1,296
$1,864
Parks & Recreation
$1,182
$1,325
Housing
$2,881
$3,169
Sewerage
$285
$205
Utilities
$3,339
$1,874
Other
$4,665
$5,957
B
Sioux City, IA
Fiscal Health Score: 75/100
Good fiscal health
B
Waterloo, IA
Fiscal Health Score: 71/100
Good fiscal health

Compare More Cities

Source: Census Annual Survey of State and Local Government Finances, 2026.