Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.9 yrs |
|---|---|
| Avg HH Size | 2.34 |
| Below Poverty | 4.7% ▼ 53% below avg |
| College Grads | 48.7% ▲ 26% above avg |
| Unemployment | 5.5% ▲ 12% above avg |
| No HS Diploma | 57 (0.5%) |
| HS Graduate | 2,970 (25.5%) |
| Some College | 1,295 (11.1%) |
| Associates | 1,656 (14.2%) |
| Bachelors | 869 (7.5%) |
| Graduate Degree | 4,803 (41.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $110,375 ▲ 45% above avg |
|---|---|
| Median Home Value | $334,900 ▲ 20% above avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $1,593/mo |
| Total Housing Units | 7,407 |
| Vacant Units | 736 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Waterford is a city in Connecticut, located in Southeastern Connecticut County. The city spans 1 ZIP code and is home to approximately 15,900 residents. It is a mature city, with a median age of 46.9 years.
Economically, Waterford is a upper-middle-income community. The median household income of $110,375 is above the national average. Approximately 4.7% of residents live below the poverty line. The unemployment rate is 5.5%, near the national average.
The real estate market in Waterford is a mid-range housing market. Median home values stand at $334,900, which is above the national average. Renters typically pay around $1,593 per month. Homeownership is high at 79.7%, typical of suburban and family-oriented communities.
The population of Waterford is well-educated. 48.7% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (82.7%).
Waterford, CT offers residents above-average earning potential within Connecticut.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 06385 | 15,900 | $110,375 | $334,900 | $1,593 | 5.5% | 48.7% | 79.7% |