46793, Waterloo, IN

Waterloo, Indiana is located in the southeast corner of the state and has a population of just over 100,000. The median household income is $60,000 and the median home value is $169,900. Home equity in Waterloo is relatively high compared to other parts of Indiana. The average home equity in the state is just over $100,000.

There are a number of reasons why home equity in Waterloo is high. First, there are a lot of affluent families living in the area. Second, there are a lot of well-priced homes available for sale. Finally, interest rates have been low for a long time so people have been able to borrow more money to buy homes.

One downside to high home equity in Waterloo is that it can be difficult to get rid of debt if you don't have enough money saved up to pay off your mortgage or loan balance. If you're unable to sell your home or take out another loan to pay off your debt, you may be forced into foreclosure or bankruptcy.