place

Waterford, CT

Demographic and economic profile of Waterford, CT, sourced from the US Census Bureau (American Community Survey) via Data USA.

Population

3,496

Census ACS · as of 2023

Median Household Income

$73,156

Data USA · as of 2024

Median Age

44.8 yrs

Data USA · as of 2024

Population Growth (5-year)

+25.0% since 2018

Waterford added population at this rate over the prior 5-year ACS5 window.

Demographics

Race & Ethnicity

  • White Alone2,163 (65.5%)
  • Two Races Including Some Other Race484 (14.6%)
  • Black or African American Alone223 (6.7%)
  • Asian Alone189 (5.7%)
  • Two Races Excluding Some Other Race, & Three or More Races117 (3.5%)
  • Some Other Race Alone76 (2.3%)

Data USA · as of 2024

Top Languages Spoken at Home

  1. 1.Spanish96
  2. 2.Other Indo-European88
  3. 3.Tagalog (incl. Filipino)33
  4. 4.Russian, Polish, or other Slavic9

Census ACS · as of 2023

Population Under 18

15.8%

Census ACS · as of 2023

Working-Age (18–64)

60.8%

Census ACS · as of 2023

Population 65 and Over

23.4%

Census ACS · as of 2023

Foreign-Born Population

4.2%

Census ACS · as of 2023

Veterans

272

Census ACS · as of 2023

Economy

GDP per Capita

—

Not yet cached

Cost of Living Index

—

Not yet cached

Per Capita Income

$44,756

Census ACS · as of 2023

Unemployment Rate

7.8%

Census ACS · as of 2023

Poverty Rate

6.7%

Census ACS · as of 2023

Top Industries

  1. 1.Educational Services & Health Care509
  2. 2.Manufacturing280
  3. 3.Retail Trade231
  4. 4.Arts, Entertainment, Recreation, & Accommodation160
  5. 5.Transportation, Warehousing, & Utilities143

Census ACS · as of 2023

Top Occupations

  1. 1.Management, Business, Science, & Arts Occupations673
  2. 2.Production, Transportation, & Material Moving Occupations297
  3. 3.Sales & Office Occupations226
  4. 4.Service Occupations221
  5. 5.Natural Resources, Construction, & Maintenance Occupations162

Data USA · as of 2024

Specialized Industries (Location Quotient)

  1. 1.Manufacturing (LQ 1.64×)280
  2. 2.Other Services (LQ 1.52×)123
  3. 3.Transportation, Warehousing, & Utilities (LQ 1.42×)143
  4. 4.Educational Services & Health Care (LQ 1.27×)509
  5. 5.Retail Trade (LQ 1.24×)231

Census ACS · as of 2023

Housing

Median Home Value

$245,600

Census ACS · as of 2023

Median Gross Rent

$1,618/mo

Census ACS · as of 2023

Homeownership Rate

68.6%

Census ACS · as of 2023

Home Value Distribution

  • $200,000 to $249,999208 (18.8%)
  • $250,000 to $299,999180 (16.3%)
  • $300,000 to $399,999179 (16.2%)
  • $400,000 to $499,999125 (11.3%)
  • $150,000 to $174,999111 (10.0%)
  • $125,000 to $149,99967 (6.1%)

Census ACS · as of 2023

Education

Bachelor's Degree or Higher

25.5%

Census ACS · as of 2023

High School Diploma or Higher

95.5%

Census ACS · as of 2023

Workforce

Labor Force Participation

62.6%

Census ACS · as of 2023

Median Worker Earnings

$63,043

Census ACS · as of 2023

Mean Commute Time

30.1 min

Census ACS · as of 2023

Households Without a Vehicle

16.7%

Census ACS · as of 2023

How People Get to Work

  • Drove Alone1,390 (82.0%)
  • Worked at Home102 (6.0%)
  • Carpooled76 (4.5%)
  • Taxi, Motorcycle, or Other62 (3.7%)
  • Walked50 (2.9%)
  • Public Transit16 (0.9%)

Census ACS · as of 2023

More on FDI Connect

Compare Waterford against other US geographies, save it to your shortlist, see active property listings on the interactive map, and unlock the full demographic dashboard.

Open full dashboardCreate free account

Data: US Census Bureau American Community Survey, served via Data USA and the Census Bureau API. See each metric tile for the specific dataset.