Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.0 yrs |
|---|---|
| Avg HH Size | 2.46 |
| Below Poverty | 7.2% ▼ 28% below avg |
| College Grads | 34.6% ▼ 11% below avg |
| Unemployment | 5.9% ▲ 21% above avg |
| No HS Diploma | 4 (0.1%) |
| HS Graduate | 2,869 (42.9%) |
| Some College | 624 (9.3%) |
| Associates | 874 (13.1%) |
| Bachelors | 722 (10.8%) |
| Graduate Degree | 1,593 (23.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $78,367 ≈ Avg |
|---|---|
| Median Home Value | $219,800 ▼ 21% below avg |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $950/mo |
| Total Housing Units | 4,173 |
| Vacant Units | 321 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Waterford is a city in Pennsylvania, located in Erie County. The city spans 1 ZIP code and is home to approximately 9,485 residents. It is a mature city, with a median age of 48 years.
Economically, Waterford is a middle-income community. The median household income of $78,367 is near the national average. Approximately 7.2% of residents live below the poverty line. The unemployment rate is 5.9%, above the national average.
The real estate market in Waterford is an affordable housing market. Median home values stand at $219,800, which is below the national average. Renters typically pay around $950 per month. Homeownership is high at 86.2%, typical of suburban and family-oriented communities.
The population of Waterford is moderately educated. 34.6% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (95.97%).
Waterford, PA offers residents above-average earning potential within Pennsylvania.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 16441 | 9,485 | $78,367 | $219,800 | $950 | 5.9% | 34.6% | 86.2% |