Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 54.1 yrs |
|---|---|
| Avg HH Size | 2.23 |
| Below Poverty | 14.6% ▲ 46% above avg |
| College Grads | 40.2% ≈ Avg |
| Unemployment | 4.3% ▼ 12% below avg |
| No HS Diploma | 7 (0.7%) |
| HS Graduate | 351 (34.2%) |
| Some College | 105 (10.2%) |
| Associates | 150 (14.6%) |
| Bachelors | 97 (9.5%) |
| Graduate Degree | 315 (30.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $65,000 ▼ 15% below avg |
|---|---|
| Median Home Value | $242,700 ▼ 13% below avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $835/mo |
| Total Housing Units | 993 |
| Vacant Units | 409 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Waterford is a city in Maine, located in Oxford County. The city spans 1 ZIP code and is home to approximately 1,300 residents. It is a mature city, with a median age of 54.1 years.
Economically, Waterford is a solidly middle-class community. The median household income of $65,000 is near the national average. Approximately 14.6% of residents live below the poverty line. The unemployment rate is 4.3%, near the national average.
The real estate market in Waterford is an affordable housing market. Median home values stand at $242,700, which is near the national average. Renters typically pay around $835 per month. Homeownership is high at 90.9%, typical of suburban and family-oriented communities.
The population of Waterford is well-educated. 40.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (96%).
Waterford, ME offers residents a cost-conscious lifestyle within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04088 | 1,300 | $65,000 | $242,700 | $835 | 4.3% | 40.2% | 90.9% |