Median Income
$80,380
7% higher than US avg
Home Value
$312,700
11% higher than US avg
Bachelor's+
29.3%
13% lower than US avg
Median Rent
$1,278
10% higher than US avg
Obesity Rate
38.1%
19% higher than US avg
Unemployment
1.6%
56% lower than US avg
Poverty Rate
3.6%
71% lower than US avg
How Waterford Compares to the U.S. Average (100% = U.S. avg)
People
Population5,627
Median Age43.5 yrs
Density2,207/mi²
Male / Female49% / 51%
Largest GroupWhite 89%
Economy
A+
Median Income$80,380
Per Capita$43,290
Unemployment1.6%
Poverty3.6%
County GDP$6,423M
Commute26 min
Housing
A
Home Value$312,700
Rent$1,278
OwnershipN/A
Zillow$424,512
Health
Obesity38.1%
UninsuredN/A
Depression24.3%
Heart Disease4.6%
Climate
Avg Temp47°F
AQI38 (Good)
Rain36.4 in/yr
Elevation782 ft
Education
B
Bachelor's+29.3%
High School+95.1%
School Score5.81
Community
2024 VoteR 61% / D 38%
Commute26 min
EV Stations1
Libraries11
Is Waterford a Good Place to Live?
Based on current data, Waterford receives an overall livability score of 4.1 out of 5.0, earning a grade of A. Key strengths include low unemployment, a low poverty rate, high health insurance coverage. Waterford stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
Economy & Jobs
The median household income in Waterford is $80,380, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 1.6%. Only 3.6% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 26 minutes.
Cost of Living & Housing
The median home value in Waterford is $312,700, 11% above the national median. Renters pay a median of $1,278 per month. A price-to-income ratio of 3.9x indicates a reasonably affordable housing market.
Education
29.3% of residents hold a bachelor's degree, below the national average of 33.7%. 95.1% have completed high school. Area schools have an average test score of 5.8/10.
Climate & Weather
Waterford experiences four distinct seasons with an average temperature of 47°F. Winters average 20°F in January while summers reach 71°F in July. Annual precipitation totals 36.4 inches. Air quality is rated Good with a median AQI of 38.
Waterford has a population of 5,627 with a density of 2,207 people per square mile. The median age is 43.5 years, 12% older than the national median of 38.9. The city is predominantly White (89.2%), with 2.1% Hispanic.
Population
43.5yrs
Median Age
12% above US avg
Race & Ethnicity
Waterford vs U.S. Average
Language Spoken at Home
| English Only | 96.9% |
| 23% above US avg |
| Spanish | 3.1% |
| 77% below US avg |
Social Characteristics
Waterford vs U.S. Average
The median household income in Waterford is $80,380, which is 7% above the national average of $75,149. The unemployment rate is 1.6% (below the 3.6% US average). 3.6% of residents live below the poverty line. Workers commute an average of 26 minutes.
Income: Waterford vs U.S.
Income
| Median HH Income | $80,380 |
| 7% above US avg |
| Per Capita Income | $43,290 |
| Avg Weekly Wage | $980 |
| IRS Avg AGI | $89,712 |
Employment & Poverty
| Unemployment | 1.6% |
| 56% below US avg |
| Poverty Rate | 3.6% |
| 71% below US avg |
| Establishments (County) | 3,401 |
| County GDP | $6,423M |
Business (County)
| Restaurants | 337 |
| Healthcare | 234 |
| Retail | 366 |
| Manufacturing | 188 |
Tax & Cost of Living
| Property Tax (IRS) | $8,487 |
| 142% above US avg |
| Effective Tax Rate | 2.71% |
Commute & Transportation
| Commute Time | 25.9 min |
| Work from Home | 10.7% |
The median home value in Waterford is $312,700, 11% above the national average. Monthly rent averages $1,278 (10% above US avg). Zillow estimates the typical home value at $424,512.
Home Values
| Census Median | $312,700 |
| 11% above US avg |
| Zillow ZHVI | $424,512 |
| Median List Price | $424,900 |
Real Estate Market (Redfin)
| Median List Price | $424,900 |
| $/Sq Ft | $177 |
| Homes Sold | 9 |
| Sale-to-List Ratio | 98.2% |
| Price Drops | 6.7% |
| Inventory | 15 |
Rental Costs
| Census Median Rent | $1,278 |
| 10% above US avg |
HUD Fair Market Rent
| Studio | $797 |
| 1 Bedroom | $872 |
| 2 Bedrooms | $1,097 |
| 3 Bedrooms | $1,405 |
| 4 Bedrooms | $1,572 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $8,487 |
| 142% above US avg |
| Effective Rate | 2.71% |
In Waterford, 38.1% of adults are obese (above the 32.1% national rate). 24.3% report depression. 24.3% are physically inactive.
Health Metrics: Waterford vs U.S. Average (%)
Chronic Conditions
| Obesity | 38.1% |
| 19% above US avg |
| Diabetes | 8.2% |
| Heart Disease | 4.6% |
| High Blood Pressure | 26.8% |
| Asthma | 11.2% |
| COPD | 4.7% |
| Stroke | 2.4% |
Behaviors & Mental Health
| |
| Binge Drinking | 21.2% |
| Physical Inactivity | 24.3% |
| Depression | 24.3% |
| Mental Distress | 15.9% |
| Physical Distress | 10.7% |
Healthcare Access
| Insurance Rate | 98.1% |
| |
| Checkup Rate | 74.5% |
| Premature Death | 7,248/100K |
Food & Exercise
| Food Environment | 8.3/10 |
| Exercise Access | 82.2% |
| Healthcare Facilities | 234 |
Crime Rates: Waterford vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 12 |
Safety Score
Waterford has an average annual temperature of 47°F (8°C). Winters average 20°F in January while summers reach 71°F in July. Annual precipitation is 36.4 inches. Air quality is rated Good with a median AQI of 38.
Temperature
20°F Jan (-7°C)
71°F Jul (22°C)
| Annual Average | 46.7°F |
| 14% below US avg |
| January Average | 20°F (-7°C) |
| July Average | 71°F (22°C) |
Precipitation & Snow
| Annual Rainfall | 36.4 inches |
| 4% below US avg |
Air Quality
| AQI Median | 38.0 |
| Rating | Good |
Geography
| Elevation | 782 ft (238 m) |
| Area | 2.6 sq mi (6.6 km²) |
| Population Density | 2,207/sq mi |
| Coordinates | 42.7644°N, 88.2167°W |
| County FIPS | 55127 |