New Waterford, OH

Full City Profile · Ohio · Columbiana County County

3.3 /5.0
B Good
982 Population 1,079/sq mi density
$51,932 Median Income $33,748 per capita
$131,300 Home Value $205,178 Zillow
$533 Median Rent 30.7% income on rent
50°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$51,932 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$131,300 home value, $533/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher

New Waterford, OH

At a Glance

Median Income
$51,932
31% below
$33,748 per capita
Home Value
$131,300
53% below
Zillow: $205,178
Median Rent
$533/mo
54% below
30.7% of income on rent
Violent Crime
0/100K
100% below
564/100K property
Bachelor's Degree+
17.3%
49% below
90.5% high school+
Unemployment
3.0%
17% below
15.9% poverty rate
Obesity Rate
40.1%
25% above
18.4% smoking rate
Avg Temperature
50°F

How New Waterford Compares to the U.S. Average

Each bar shows New Waterford's value as a percentage of the national average (100% = U.S. avg)

Income
69%
Home Value
47%
Rent
46%
Poverty
128%
Bachelor's
51%
Unemployment
83%
Crime
0%
Thin vertical line = U.S. national average (100%)

Is New Waterford a Good Place to Live?

B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

New Waterford residents earn a median household income of $51,932 , which is 31% below the national average of $75,149. Per capita income is $33,748. The unemployment rate stands at 3.0% (17% below the U.S. rate of 3.6%). 15.9% of residents live below the poverty line. The area is home to 2,244 business establishments, including 179 restaurants.

Housing & Cost of Living

The median home value in New Waterford is $131,300 , 53% below the national median of $281,900. Zillow estimates the typical home at $205,178. Median rent is $533/month, with 30.7% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1972.

Safety & Crime

New Waterford reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 564/100K.

Education

17.3% of adults in New Waterford hold a bachelor's degree or higher (49% below the national average). 90.5% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

New Waterford has an average annual temperature of 50°F (10°C). Winters average 26°F in January while summers reach 71°F in July. Annual precipitation totals 40.3 inches.

Data Overview

People

Population982
Median Age40.9 yrs
Density1,079/mi²
Male / Female48% / 52%
Foreign Born0.6%
Veterans6.6%

Economy

B
Median Income$51,932
Per Capita$33,748
Unemployment3.0%
Poverty15.9%
County GDP$4,813M
Avg Weekly Wage$948

Housing

A+
Home Value$131,300
Rent$533
Ownership77.6%
Zillow$205,178
Housing Units442
Rent Burden30.7%

Crime

C+
Violent0/100K
Property564/100K

Health

Obesity40.1%
Diabetes11.3%
Smoking18.4%
Heart Disease6.2%
Premature Death10,611/100K

Climate

Avg Temp50°F
Rain40.3 in/yr
Elevation1,070 ft

Education

C
Bachelor's+17.3%
High School+90.5%
Graduate+4.4%
School Score5.7/10

Community

2024 VoteR 74% / D 25%
Commute27 min
Broadband88.1%
Internet Speed104 Mbps
EV Stations4
Libraries7

Did You Know?

New Waterford was founded in 1851.
The median home in New Waterford was built in 1972.
The nearest airport is Youngstown/Warren Regional (29 miles).
The Gini coefficient (income inequality) is 0.439 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
12.9% of the population has a disability.
Average internet download speed is 104 Mbps.
There are 179 restaurants in the area.
The county recorded 11 fatal vehicle crashes.