Lowest-paying jobs in Waterloo

The U.S. may be one of the wealthiest countries in the world but there's a growing trend of financial inequality, with middle-class households feeling the most impact. In fact, the number of adults who live in middle-class households dropped from 61% in 1971 to 50% in 2021, according to an April 2022 analysis from Pew Research Center. On the other hand, the upper-income level rose from 14% to 21%. The declining middle class in the U.S. can be attributed to various factors including a decrease in unions and manufacturing jobs and an increased need for college-educated, tech-savvy employees.

The COVID-19 pandemic also played a major role in exposing the harsh financial gap as those who fell under the middle- and upper-income brackets were able to keep their jobs and/or work remotely. At the start of the pandemic in the U.S., workers who fell under the lower-income tier found themselves unemployed or having to be out of work, even if temporarily, as their place of employment was closed.

Those who worked in the leisure and hospitality industries were hit the hardest financially. In December 2020, employment in the hospitality industry was down by 23% compared to pre-pandemic levels in February 2020, an unemployment rate that surpassed other industries. Service employees such as housekeepers, food preparation workers, kitchen cooks, automobile glass installers, and animal caretakers were some of the lowest-paying jobs in the nation.

Stacker compiled a list of the lowest-paying jobs in Waterloo-Cedar Falls, IA, using data from the U.S. Bureau of Labor Statistics. Jobs are ranked by average annual salary with information up to date as of May 2021.