Waterloo-Cedar Falls, Iowa

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					                                                                                                                                                                          Metropolitan
     Waterloo-Cedar Falls, Iowa                                                                                                                                           Statistical Area (MSA)
                                                                                                                                                                          2009 Edition




    Fact Sheet
     C O M M U N I T Y




                                                                                                                                      University of Northern Iowa Campus

Waterloo-Cedar Falls, Iowa, metro population totals over 163,000 people located in Northeast Iowa. We are within a day’s drive of all major
Midwest markets – only 180 miles south of the Twin Cities, 263 miles west of Milwaukee, and 265 miles west of Chicago. Additional
demographic information on the metro and surrounding economic areas are available online at: www.cedarvalleyalliance.com
                                                                                       ■ Population                                                       2000              2007               2012
                                                                                       Waterloo-Cedar Falls, IA (MSA)*                              163,706           163,329             162,980
                                                                                       Black Hawk County                                            128,012           127,446             126,130
                                                                          New York        Cedar Falls                                                36,145            37,583                 N/A
                                                                                          Waterloo                                                   68,747            66,387                 N/A
                                                                                          Evansdale                                                   4,526             5,000                 N/A
                                                                                          Hudson                                                      2,117             2,164                 N/A
                                                                                       Bremer County                                                  23,325            23,734              24,200
                                                                                         Waverly                                                       8,968             9,269                 N/A
     ■ Location                                                                        Grundy County                                                  12,369            12,149              12,650
     Highway distance from Waterloo-Cedar Falls to:                                    Cedar Valley Region**                                        213,199           211,131             211,610
     Atlanta, GA .................................. 960 miles                         Source: U.S. Census Bureau.
     Chicago, IL .................................. 265 miles                         Estimates from the U.S. Census Bureau’s Population Estimates Program; Projections from Woods & Poole, 2007 Data Pamphlets

     New York, NY........................... 1,125 miles
     Dallas, TX .................................... 845 miles                         ■ Labor Market Population                                                                          248,248
                                                                                      Source: Cedar Valley Laborshed Analysis, 2008
     Kansas City, MO.......................... 295 miles
     Los Angeles, CA ....................... 1,855 miles
                                                                                       ■ Work Force                                   Waterloo-Cedar Falls, IA                     Cedar Valley
     Minneapolis, MN ......................... 180 miles
     St. Louis, MO .............................. 345 miles                                                                                            MSA*                           Region**
     Denver, CO .................................. 790 miles                           Total Civilian Labor Force                                                94,200                   120,630
                                                                                       Total Unemployment                                                          3,600                      4,760
     *MSA defined as Black Hawk, Bremer, and Grundy Counties
     **Cedar Valley Region defined as Black Hawk, Bremer, Buchanan, Butler, Chicka-    Unemployment Rate                                                            3.8%                       3.9%
     saw, and Grundy Counties                                                         Source: Iowa Workforce Development, 2008 Annual Average
 ■ Major Employers                                                                                                   ■ Transportation
                                                                                                                     Interstate Highway                                        I-380
 Company                                            Product/Service                                  Employees       Federal Highways                                US 20, 63, 218
 John Deere                                         Agricultural Equipment                                5,300      State Highways                             Iowa 21, 57, 58, 281
 Wheaton Franciscan Healthcare                      Health Care                                           3,018
                                                                                                                     Bus Service                                           MET Transit,
 Tyson Fresh Meats                                  Pork Processing                                       2,600                           Fixed Route and Paratransit Bus Service
 University of Northern Iowa                        Higher Education                                      1,850
 Allen Memorial Hospital                            Health Care                                           1,746      Motor Carriers                                                         23

 Waterloo Community Schools                         Education                                             1,439      Rail Service                           Iowa Northern Railway
 Hy-Vee Food Stores (5)                             Grocery                                               1,121                                    Canadian National/Illinois Central
                                                                                                                                                             Union Pacific Railroad
 Area Education Agency 267                          Educational Support                                   1,110
 Bertch Cabinet Mfg.                                Bath & Kitchen Cabinets                               1,025      Airport                             Waterloo Regional Airport
                                                                                                                     Longest Runway Length                                  8,400 feet
 Omega Cabinet Ltd.                                 Bath & Kitchen Cabinets                               1,000
                                                                                                                     Commercial Carrier                              Northwest Airlines
 Wal-Mart Stores (2)                                Retail Merchandise                                      755
 GMAC Mortgage Corporation                          Mortgage Service Center                                 750      Air Taxi Service                                Midwest Air Taxi
 Cedar Falls Community Schools                      Education                                               652
 Hawkeye Community College                          Community College                                       639      ■ Business Services
                                                                                                                     Hotel and Motels                                                  33
 Black Hawk County                                  County Government                                       630      Rooms Available                                                2,257
 Isle Casino Hotel Waterloo                         Casino & Hotel                                          580      Largest Banquet Capacity                                       1,500
 CBE Group, Inc.                                    Debt Collections                                        575
 Peterson Contractors, Inc.                         Heavy & Highway Contractor                              460      ■ Media
                                                                                                                     Newspapers                       1 daily, 3 weekly
 Nestle USA                                         Beverage Mfg.                                           250      Radio Stations                                 17
 GMT                                                Contract Mfg.                                           200      TV Channels Received (Broadcast)                 7
Data collected Fall 2008 and Spring 2009; data includes both full and part-time positions                            Cable Television Providers                       2
For a comprehensive list of area employers visit www.cedarvalleyalliance.com

                                                                                                                     ■ Telecommunications
■ Industrial/Business Parks                                                                                          Local Operating Company                               Mediacom
The Cedar Valley has numerous municipally and privately owned                                                                                                                  Qwest
industrial/business parks. The parks have infrastructure in place with                                               Point of Presence (Local)                          MCI and AT&T
contiguous parcels up to 650 acres with rail service.                                                                Local Internet Service Providers                             20
                                                                                                                     High-Speed Internet - DSL                                     7
                                                                                               No. of Contiguous
 Name                                            Type                                            Acres Available
                                                                                                                     ■ Healthcare
 Cedar Falls Industrial Park                     Industrial                                                  1-75    Physicians                                                        295
 Cedar Falls Technology Park                     Office/Technology                                           1-25    Dentists                                                           69
 Evansdale Technology Park                       Industrial                                                    15    Chiropractic                                                       52
                                                                                                                     Vision                                                             24
 Greenbelt Centre/South                          Office/Lt. Industrial                                       1-50
 Waterloo Commercial Park
 MidPort Business Park at                        Office/Industrial                                   1-650 w/ rail   ■ Hospitals
 Waterloo Airport                                                                                                    Covenant Medical Center                                   366 beds
 North Cedar Falls Industrial                    Industrial                                                  1-30    Allen Memorial Hospital                                   234 beds
 Park                                                                                                                Sartori Memorial Hospital                                  83 beds
 San Marnan/Country Club                         Office/Lt. Industrial/Comm.                                160+
 Business Park                                                                                                       ■ Educational Attainment
 Tower Park Office Complex                       Office                                                      2-75    High School Diploma                                           97.6%
 Waterloo Northeast Industrial                   Industrial                                          1-120 w/ rail   Education Beyond High School Diploma                          66.6%
 Park                                                                                                                Undergraduate Degree or Higher                                29.2%
Note: Parks are larger than identified here; these figures represent the largest contiguous parcel                   Source: Iowa Workforce Development. Data represents the Cedar Valley
available in the park.                                                                                               Region.
■ Education                                                                                  ■ Cost-of-Living Comparison
There are 5 public school districts in Black Hawk County, as                                                                      All Items            Housing         Utilities        Transp.
well as many private and parochial schools.                                                  Chicago, IL                              112.5              129.2           117.9             108.7
                                                                                             Kansas City, MO                           96.8               88.2            98.1              99.7
                                                                                             Omaha, NE                                 86.9               72.8            88.8              97.2
■ 2007-2008 Student/Teacher Ratio
                                                                                             Ames, IA                                  93.0               89.2            93.6             101.5
                                                       K-5           6-8       9-12          Des Moines, IA                            91.6               87.4            98.8              94.0
 Waterloo                                            21:1          23:1        24:1          Waterloo-Cedar Falls, IA                  89.8               82.3            96.3              98.3
                                                       K-3           4-6       7-12          Source: ACCRA Cost-of-Living Index, 2008 Annual Average Data. Index is based on an average of 100.

 Cedar Falls                                         22:1          22:1        17:1
                                                       K-4           5-8       9-12         ■ Household Income and Spending - 2009 Projections
 Hudson                                              14:1          16:1        14:1                                                      Waterloo-Cedar Falls, IA                  Cedar Valley
                                                       K-3           4-6         7-8                                                                        MSA                         Region
 Waverly - Shell Rock                                20:1          22:1        23:1          Mean Household Income                                       $88,260.00                $86,713.00
Note: Figures for grades 9-12 at Waverly-Shell Rock are not available.                       Retail Sales per Household                                  $37,266.00                $33,805.00
                                                                                            Data represents current dollar projections for 2009
                                                                                            Source: Woods & Poole Economics, 2007 Data Pamphlets
■ 2007-2008 Average Expenditure Per Pupil
Cedar Falls                                                                  $7,815          ■ Housing
Waterloo                                                                     $8,534          Median Single-Family Home Selling Price                                                 $113,588
Hudson                                                                       $8,017          Average Single-Family Home Selling Price                                                $127,584
Waverly-Shell Rock                                                           $8,498          Number of Active Listings* (Single Family)                                                   937
The Waterloo Community School District includes the cities of Waterloo, Evansdale,
Elk Run Heights, Raymond, and Washburn.
                                                                                             Average Rent in Area** (2 bedrooms)                                                         $649
                                                                                             Source: Waterloo/Cedar Falls Board of Realtors, 2008
                                                                                             *Active Listings as of February 2009 **ACCRA Cost-of-Living Index, 2008 Annual Average

■ Average ACT Scores – 2008 Graduates
Cedar Falls                                                                     23.8
                                                                                                                               Waterloo          Cedar Falls Evansdale Hudson
Waterloo                                                                        20.3
                                                                                              ■ Taxes                           (000)              (000)       (000)    (000)
Hudson                                                                          20.7
                                                                                              Total Assessed
Waverly-Shell Rock                                                              22.9
                                                                                              Value                           $3,460,863 $2,251,858 $206,137 $71,601
Iowa                                                                            22.4          General Obligations
United States                                                                   21.1          Debt                                $83,011              $24,235           $2,965         $2,600

■ Post-Secondary Institutions                                              Enrollment        Residential Rollback            44.0803%
University of Northern Iowa                  Regent University               12,908          Sales Tax          7% (State 6%, Local 1%)
Wartburg College                             Private College                  1,799          Property tax rates in the Cedar Valley range from $30.50-$43.32 per $1,000 of taxable value. For
                                                                                             example, and including the rollback, the annual property tax on a $150,000 home ranges from
Upper Iowa University                        Off-Campus Center                  495          $2,017-$2,864.
Allen College                                Nursing School                     416
Hawkeye Community College                    2 Year                           5,765
Kaplan University                            2 Year/4 Year                      500

■ Utilities and Public Services
                                                                         Waterloo                    Cedar Falls                                Evansdale                               Hudson
 Electric Service                                   MidAmerican Energy                                Municipal               MidAmerican Energy                                    Municipal
 Gas Service                                        MidAmerican Energy                                Municipal               MidAmerican Energy                   MidAmerican Energy
 Water Service                                                     Municipal                         Municipal                                Municipal                           Municipal
  Capacity (gpd)                                                  50,400,000                        32,000,000                                2,500,000                          50,400,000
  Average Daily Use                                               13,400,000                         4,300,000                                  385,000                             175,000
  Peak Daily Use                                                  28,800,000                         8,700,000                                  582,000                             381,000
 Sanitation Service                                                Municipal                          Municipal                               Municipal                             Municipal
  Capacity (gpd)                                                  36,500,000                          7,680,000                               1,430,000                              750,000
  Average Daily Use                                               14,000,000                          4,500,000                                 500,000                              500,000
 Police and Fire Protection
  Police Officers                                                            132                                 43                         7 FT, 3 PT                           4 FT, 1 PT
  Fire Fighters                                                              117                                 34                       30 Volunteer                         35 Volunteer
  Fire Insurance Rating                                                        3                                  4                                  3                                    5
  Smaller municipalities throughout Black Hawk County are served by individual police departments, fire departments, and water treatment facilities.
■ Recreation and Sporting Activities*                                                            ■ Online Resources
 Public Parks                                                                             190    For the most current demographic and
 Municipal Golf Courses                                                                     7    quality-of-life information available, visit these
 Country Clubs/Privately Owned Golf Courses                                                23    helpful online sites:
 Public Swimming Pools/Aquatic Centers                                                     23         Demographics, Industrial/Office
 Public Tennis Courts                                                                      50         Buildings and Sites:
 Softball Diamonds/Baseball Diamonds                                                       60         http://www.cedarvalleyalliance.com
 Ice Skating/Hockey Arenas                                                                  1
 Commercial Water Park                                                                      1         Moving To The Area:
 Soccer Complexes                                                                           1         http://www.cedarvalley-homes.com
                                                                                                      Job Opportunities:
The Cedar Valley Nature Trail, a 52-mile multiuse trail system, extends to Cedar Rapids, Iowa.        http://www.cedarvalleyjobs.com
This linear park features beautiful scenery and historic landmarks.

The area has minor-league baseball and ice hockey teams. The University of Northern Iowa
participates in NCAA collegiate athletics.

■ Arts and Culture*
 Museums                                                                                   22
 Public Libraries                                                                          39
 Art Galleries                                                                              3
 Community Theater                                                                          2
 Children’s Theater                                                                         1
 Children’s Science Center                                                                  1
 Children’s Art Museum                                                                      1
 Performing Arts Center                                                                     1
 Symphony Orchestra                                                                         1    Contact Information:
■ Climate*                                                      Summer                 Winter
                                                                                                 Greater Cedar Valley Alliance
 Average Temperature                                             71.6                   20.1
 Average High Temperature                                        83.2                   29.5
                                                                                                 10 West Fourth Street, Suite 310
 Average Low Temperature                                         59.9                   10.7     Waterloo, IA 50701
Source: Midwestern Regional Climate Center, 1971-2000 Average                                    Phone: 319-232-1156
* Figures representative of the Cedar Valley Region.
                                                                                                         800-369-0513
                                                                                                   Fax: 319-232-1829
                                                                                                 E-mail: info@cedarvalleyalliance.com
                                                                                                 www.cedarvalleyalliance.com




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