CensusEasy
CITY · 2020 ACS

Waterford

Connecticut · 3,074 residents · 1.888 sq mi
Time machine
COMPARE TO
Compare
The short version

Waterford has roughly average household income, with a median household income of $62,014. Population has held roughly steady since 2019. Median home value is $201,700. With a median age of 47.6, the population is older than the US median of 38.8.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 47.6
US median: 38.8
Less educated
26% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
3,074
+2%since 2019
from 3,008 in 2019
2010 – 2024
Population density
1,628 / sq mi
+2%since 2019
from 1,593 / sq mi in 2019
US average: 280
Median age
47.6
+14%since 2019
from 41.6 in 2019
US average: 38.8
Population, 2010 – 2024
3K3K3K3K4K201020202024Waterford
20243K
201020202024
Section 02

Income & economy

Median household income
$62,014
+9%inflation adjusted, since 2019
from $56,181 in 2019
US average: $66,278
2010 – 2024
Per capita income
$34,718
+1%since 2019
from $34,480 in 2019
US average: $35,364
Households earning $100K+
41.4%
+1.6 ptssince 2019
from 39.8% in 2019
US average: 43.9%
Poverty rate
12.0%
+0.4 ptssince 2019
from 11.7% in 2019
US average: 12.8%
Workforce by industry, 2020
Information14.3%
US avg: 11.1%
Retail trade13.2%
US avg: 10%
Other services3.9%
US avg: 6.6%
Public administration2.4%
US avg: 4.7%
Finance & insurance2.3%
US avg: 5.5%
Professional, scientific, technical2.3%
US avg: 4.7%
Arts, entertainment, food2.1%
US avg: 2%
Wholesale trade1.6%
US avg: 6.7%
Transportation & warehousing0.8%
US avg: 2.5%
Agriculture, forestry, fishing0.4%
US avg: 1.7%
Construction0.4%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$201,700
+1%inflation adjusted, since 2019
from $197,600 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$1,306
+9%inflation adjusted, since 2019
from $1,187 in 2019
US average: $1,124
Owner-occupied
68.2%
−1.9 ptssince 2019
from 70.0% in 2019
31.8% rent
Afford Score
3.3
−8%since 2019
from 3.5 in 2019
2010 – 2024
RELATED:See current rent listings in Waterford on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic80.7%(2,427)
Black5.3%(160)
Hispanic / Latino6.2%(187)
Asian6%(180)
Other1.8%(54)
Diversity Score42.3%(1,272)
2020
White, non-Hispanic74.8%(2,300)
Black3.7%(115)
Hispanic / Latino11.6%(356)
Asian4%(124)
Other2.1%(64)
Diversity Score47.2%(1,451)
Diversity Score
47
+12%since 2019
from 42 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
25.5%
+2.6 ptssince 2019
from 23.0% in 2019
US average: 32.9%
High school or higher
93.6%
+1.1 ptssince 2019
from 92.5% in 2019
US average: 88.5%
Graduate degree
12.9%
+5.3 ptssince 2019
from 7.6% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
23.8 min
+4%since 2019
from 22.7 min in 2019
US average: 26.9
Drive alone to work
80.8%
−0.2 ptssince 2019
from 81.0% in 2019
US average: 75.1%
No vehicle available
15.8%
+5.1 ptssince 2019
from 10.6% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
9.0%
+1.5 ptssince 2019
from 7.5% in 2019
US average: 5.4%
Labor force participation
58.3%
−2.6 ptssince 2019
from 60.9% in 2019
US average: 63.4%
Management & professional
41.9%
+4.0 ptssince 2019
from 37.9% in 2019
US average: 39.3%
Section 08

People & community

Male
47.5%
+2.0 ptssince 2019
from 45.5% in 2019
Female
52.5%
−2.0 ptssince 2019
from 54.5% in 2019
Foreign born
5.5%
+1.0 ptssince 2019
from 4.5% in 2019
US average: 13.5%
Uninsured
1.6%
−0.6 ptssince 2019
from 2.2% in 2019
US average: 8.8%
Drill deeper

Places similar to Waterford

Selbyville
Pop 3,381
Holden Lakes
Pop 3,522
North River Shores
Pop 3,633
Eastpoint
Pop 3,163
Places similar to Waterford
Head to head

Compare Waterford to nearby cities

WATERFORD VS
New London
Income$59,098−5%
Home value$253,300+26%
Population28,003+748%
SEE FULL COMPARISON →
WATERFORD VS
Groton
Income$79,577+28%
Home value$306,600+52%
Population10,160+208%
SEE FULL COMPARISON →
WATERFORD VS
Conning Towers-Nautilus Park
Income$81,694+32%
Home value$290,100+44%
Population8,460+156%
SEE FULL COMPARISON →
WATERFORD VS
Norwich
Income$65,024+5%
Home value$242,300+20%
Population40,001+1111%
SEE FULL COMPARISON →
Frequently asked

How many people live in Waterford, Connecticut?

Waterford, Connecticut has about 3,074 residents according to the 2020 American Community Survey.

What is the median household income in Waterford, Connecticut?

The typical household in Waterford, Connecticut earns about $62,014 a year. Half of households make more than that, and half make less.

Is Waterford, Connecticut expensive?

In Waterford, Connecticut, the median home is worth about $201,700, and the typical rent is about $1,306 a month.

How educated are people in Waterford, Connecticut?

About 25.5% of adults age 25 and over in Waterford, Connecticut hold a bachelor's degree or higher.

What is the poverty rate in Waterford, Connecticut?

About 12.0% of people in Waterford, Connecticut live below the federal poverty line.

Keep going

Explore from here

Up the hierarchy
Connecticut
Rankings
Highest income citiesFastest growing citiesMost educated cities
Compare
Compare Waterford with another place

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →