All Countries
Waterford, CT
Full City Profile · Connecticut · Southeastern Connecticut Planning Region County
3.3
/5.0
B
Good
3,496
Population
1,850/sq mi density
$75,968
Median Income
$44,756 per capita
$245,600
Home Value
$404,290 Zillow
$1,618
Median Rent
27.6% income on rent
51°F
Avg Temperature
275 sunny days/yr
43
Violent Crime/100K
1,005 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$75,968 median income, 4.8% unemployment
A+
Affordability
4.9 / 5.0
$245,600 home value, $1,618/mo rent
F
Safety
1.0 / 5.0
43 violent crimes/100K
B
Education
3.0 / 5.0
25.5% bachelor's degree or higher
Income Overview
Median Household Income
$75,968
1% above
US avg: $75,149
Per Capita Income
$44,756
15% above
US avg: $39,052
Unemployment Rate
4.8%
33% above
US avg: 3.6%
Poverty Rate
1.7%
86% below
US avg: 12.4%
Income Comparison: Waterford vs. U.S. Average
Each bar shows Waterford’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$75,968
101%
Per Capita
US: $39,052
$44,756
115%
IRS Avg AGI
US: $72,000
$82,337
114%
Avg Weekly Wage
US: $1,432
$1,356
95%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,356
5% below US avg ($1,432)
Mean Commute Time
30 min
9% above US avg (28 min)
Work From Home
6.0%
61% below US avg (15.2%)
Drive Alone
82.0%
12% above US avg (73.2%)
Public Transit
0.9%
81% below US avg (5.0%)
County GDP
$24,087M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
82%
Public Transit
0.9%
Work From Home
6%
Other
11.1%
Average commute time
30 minutes
US avg: 28 min
Business Landscape
Total Establishments
9,101
Restaurants
773
Healthcare
870
Retail
963
Manufacturing
165
Tax & Financial
IRS Avg Adjusted Gross Income
$82,337
14% above US avg ($72,000)
Avg Property Tax
$7,070
102% above US avg ($3,500)
Cost of Living Index
103.6
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $75,968 |
| Per Capita Income | $44,756 |
| IRS Avg Adjusted Gross Income | $82,337 |
| Avg Weekly Wage | $1,356 |
| County GDP | $24,087M |
Hardship Indicators
| Unemployment Rate | 4.8% |
| Poverty Rate | 1.7% |
| Gini Coefficient | 0.436 |
| Cost of Living Index | 103.6 |
Commute
| Mean Commute | 30 minutes |
| Drive Alone | 82.0% |
| Public Transit | 0.9% |
| Work From Home | 6.0% |
Businesses
| Total Establishments | 9,101 |
| Restaurants | 773 |
| Healthcare | 870 |
| Retail | 963 |
| Manufacturing | 165 |
Tax
| IRS Avg AGI | $82,337 |
| Avg Property Tax | $7,070 |