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

Waterloo, IA vs Des Moines, IA

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

Reviewed by CitySpend Editorial Team · Updated

Waterloo, IA outspends Des Moines, IA by a wide margin per resident — $17,802 versus $1,302, a 1268% difference. A gap this size usually reflects a structurally different service mix or accounting scope rather than a single line item.

Waterloo, IA holds the stronger Fiscal Health Score, 71/100 (grade B) against 55/100 (grade C) for Des Moines, IA — a 16-point spread that puts the two in different grade territory.

Des Moines, IA reports no outstanding debt per resident in its Census filing, while Waterloo, IA carries $605 per resident. Their budgets diverge on where the largest per-resident dollars go: Waterloo, IA leads with parks and recreation at $1,325 per resident, while Des Moines, IA leads with police at $134.

Summary

Waterloo spends 1267.8% more per capita than Des Moines ($16,501/person difference). Waterloo, IA has the stronger Fiscal Health Score (B, 71/100).

Fiscal Health Score

City A
Waterloo, IA
Pop. 67,256
B
71/100
Budget Balance100
Debt Burden28
Pension Funding76
Spending Efficiency65
Revenue Diversity100
Trend Direction50
City B
Des Moines, IA
Pop. 213,164
C
55/100
Budget Balance0
Debt Burden100
Pension Funding76
Spending Efficiency100
Revenue Diversity0
Trend Direction50

Key Metrics

Metric
Waterloo
Des Moines
Total Spending
$1.2B
$277.4M
Spending / Capita
$17,802
$1,302
Total Revenue
$1.6B
$0
Revenue / Capita
$23,537
$0
Total Debt
$40.7M
$0
Debt / Capita
$605
$0
Population
67,256
213,164
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0

Per Capita Spending by Department

Police
Waterloo$0
Des Moines$134
Fire Protection
Waterloo$223
Des Moines$55
Highways & Roads
Waterloo$108
Des Moines$3
Parks & Recreation
Waterloo$1,325
Des Moines$0
Education
Waterloo$10
Des Moines$1
Health
Waterloo$431
Des Moines$8

Revenue Breakdown (Per Capita)

WaterlooDes Moines
Property Tax
$59
$0
Sales Tax
$677
$8
Income Tax
$920
$0
Intergovernmental
$2,021
$0
Charges & Fees
$1,614
$0
Other
$3,969
$38

Spending Breakdown (Per Capita)

WaterlooDes Moines
Police
$0
$134
Fire Protection
$223
$55
Highways & Roads
$108
$3
Education
$10
$1
Public Welfare
$2,637
$388
Health
$431
$8
Hospitals
$1,864
$0
Parks & Recreation
$1,325
$0
Housing
$3,169
$164
Sewerage
$205
$0
Utilities
$1,874
$0
Interest on Debt
$0
$1
Other
$5,957
$547
B
Waterloo, IA
Fiscal Health Score: 71/100
Good fiscal health
C
Des Moines, IA
Fiscal Health Score: 55/100
Average fiscal health

Compare More Cities

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