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Waterford, Connecticut

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,304
Population
$73,156
Median Income
$282,900
Home Value
44.8
Median Age

Demographics

Waterford has a population of 3,304 with a median age of 44.8. Here is the racial and ethnic breakdown of the population:

White
65.5%
Hispanic
18.7%
Black
6.7%
Asian
5.7%
Other
3.4%
Demographic Value
Total Population3,304
Median Age44.8
White65.5%
Black or African American6.7%
Asian5.7%
Hispanic or Latino18.7%
Other / Two or More Races3.4%
Waterford, Connecticut — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 65.5%Hispanic/Latino: 18.7%Black: 6.7%Asian: 5.7%Other: 3.4%3,304PopulationWhiteWhite65.5%Hispanic/LatinoHispanic/Latino18.7%BlackBlack6.7%AsianAsian5.7%OtherOther3.4%

Income & Economy

The median household income in Waterford is $73,156, which is 9.2% below the national median of $80,610. The per capita income is $41,588. The poverty rate is 7.0%.

$73,156
Median Household Income
$41,588
Per Capita Income
7.0%
Poverty Rate

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Education

In Waterford, 95.9% of residents age 25+ have a high school diploma or higher, and 27.3% hold a bachelor's degree or higher (15.0% with a graduate or professional degree).

HS Diploma+
95.9%
Bachelor's+
27.3%
Graduate+
15.0%
Education Level % of Adults (25+)
High School Diploma or Higher95.9%
Bachelor's Degree or Higher27.3%
Graduate or Professional Degree15.0%

Housing

The median home value in Waterford is $282,900, below the national median of $303,400. The median monthly rent is $1,668. The homeownership rate is 66.9%.

$282,900
Median Home Value
$1,668/mo
Median Rent
66.9%
Homeownership Rate
Housing Metric Value
Median Home Value$282,900
Median Monthly Rent$1,668
Homeownership Rate66.9%
Vacancy Rate3.0%

Salaries in Connecticut

Explore salary data for popular occupations in Connecticut:

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Other Cities in Connecticut

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Frequently Asked Questions

What is the population of Waterford, Connecticut?
The population of Waterford, Connecticut is 3,304 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Waterford, Connecticut?
The median household income in Waterford, Connecticut is $73,156. This is 9.2% below the national median of $80,610.
What is the median home value in Waterford, Connecticut?
The median home value in Waterford, Connecticut is $282,900. The median monthly rent is $1,668.
What percentage of people in Waterford have a college degree?
In Waterford, Connecticut, 27.3% of adults age 25 and older hold a bachelor's degree or higher, and 95.9% have a high school diploma or higher.
Is Waterford, Connecticut an affordable place to live?
The home price-to-income ratio in Waterford, Connecticut is 3.9x (median home value $282,900 vs. median income $73,156), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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