Waterford, CT
Full City Profile · Connecticut · Southeastern Connecticut Planning Region County
Waterford, CT
At a Glance
How Waterford Compares to the U.S. Average
Each bar shows Waterford's value as a percentage of the national average (100% = U.S. avg)
Is Waterford a Good Place to Live?
Economy & Jobs
Waterford residents earn a median household income of $75,968 , which is 1% above the national average of $75,149. Per capita income is $44,756. The unemployment rate stands at 7.8% (117% above the U.S. rate of 3.6%). 1.7% of residents live below the poverty line. The area is home to 9,101 business establishments, including 773 restaurants.
Housing & Cost of Living
The median home value in Waterford is $245,600 , 13% below the national median of $281,900. Zillow estimates the typical home at $433,247. Median rent is $1,618/month, with 27.6% of renters spending more than 30% of income on housing. The cost of living index is 103.6 (100 = national average). The median home was built in 1968.
Safety & Crime
Waterford reports 25 violent crimes per 100,000 residents , which is 93% below the national average of 380/100K. Property crime is 1,702/100K.
Education
25.5% of adults in Waterford hold a bachelor's degree or higher (24% below the national average). 95.5% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Waterford has an average annual temperature of 51°F (11°C). Winters average 31°F in January while summers reach 72°F in July. Annual precipitation totals 39.3 inches.