Waterloo, IA vs Cedar Rapids, IA
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Summary
Cedar Rapids spends 25.7% more per capita than Waterloo ($6,171/person difference). Waterloo, IA has the stronger Fiscal Health Score (B, 71/100).
Fiscal Health Score
B
71/100
Budget Balance100
Debt Burden28
Pension Funding76
Spending Efficiency65
Revenue Diversity100
Trend Direction50
C
53/100
Budget Balance67
Debt Burden0
Pension Funding76
Spending Efficiency38
Revenue Diversity100
Trend Direction50
Key Metrics
Metric
Waterloo
Cedar Rapids
Total Spending
$1.2B
$3.3B
Spending / Capita
$17,802
$23,973
Total Revenue
$1.6B
$5.1B
Revenue / Capita
$23,537
$37,389
Total Debt
$40.7M
$190.4M
Debt / Capita
$605
$1,391
Population
67,256
136,929
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0
Per Capita Spending by Department
Fire Protection
Waterloo$223
Cedar Rapids$466
Highways & Roads
Waterloo$108
Cedar Rapids$102
Parks & Recreation
Waterloo$1,325
Cedar Rapids$1,165
Education
Waterloo$10
Cedar Rapids$0
Health
Waterloo$431
Cedar Rapids$567
Revenue Breakdown (Per Capita)
WaterlooCedar Rapids
| Property Tax | $59 | $8 |
| Sales Tax | $677 | $2,450 |
| Income Tax | $920 | $1,513 |
| Intergovernmental | $2,021 | $5,898 |
| Charges & Fees | $1,614 | $3,261 |
| Other | $3,969 | $4,807 |
Spending Breakdown (Per Capita)
WaterlooCedar Rapids
| Fire Protection | $223 | $466 |
| Highways & Roads | $108 | $102 |
| Education | $10 | $0 |
| Public Welfare | $2,637 | $1,987 |
| Health | $431 | $567 |
| Hospitals | $1,864 | $612 |
| Parks & Recreation | $1,325 | $1,165 |
| Housing | $3,169 | $4,126 |
| Sewerage | $205 | $314 |
| Utilities | $1,874 | $4,004 |
| Interest on Debt | $0 | $737 |
| Other | $5,957 | $9,894 |
B
Waterloo, IA
Fiscal Health Score: 71/100
Good fiscal health
C
Cedar Rapids, IA
Fiscal Health Score: 53/100
Average fiscal health