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Waterford CDP, Connecticut

City

Population: 3,496 (2023 estimate)

Located in Connecticut , Connecticut

Census Bureau data for Waterford CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Waterford CDP

What is the median household income in Waterford CDP?
The median household income in Waterford CDP is $75,968 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Waterford CDP?
The poverty rate in Waterford CDP is 1.7% (U.S. Census Bureau ACS 2023).
What is the median home value in Waterford CDP?
$245,600 (U.S. Census Bureau ACS 2023).
What is the average rent in Waterford CDP?
The median gross rent in Waterford CDP is $1,618 per month (U.S. Census Bureau ACS 2023).
What percentage of Waterford CDP residents have a college degree?
25.5% of adults in Waterford CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
3,496
Median Income
$75,968
Median Home Value
$245,600
Poverty Rate
1.7%
Unemployment (ACS 2023)
7.8%
Median Age
45.0 yrs
Since 2019 Median Income: +$19,787 (+35.2%) Home Value: +$48,000 (+24.3%) Poverty Rate: -6.4 pp (-79%) Bachelor's+: +2.5 pp (+10.9%) Unemployment: +0.3 pp (+4%)

Demographics

Total Population 3,496
Median Age 45.0
Female 53.3%
Race & Ethnicity
Hispanic or Latino 8.2% White (non-Hisp.) 75.2% Black 8.2% Asian 3.1% Two or More 9.2% Other 1.9%
Asian Subgroups (% of total pop.)
Indian
1.2%
Filipino
0.9%
Hispanic Subgroups (% of total pop.)
Puerto Rican
3.8%
Mexican
1.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $75,968 ±$16,241
-$17,792 vs. state
Per Capita Income $101,752
Median Family Income $101,131
Poverty Rate 1.7%
-5.1 pp vs. state
Child Poverty Rate 0.0%
Working-Age Poverty Rate
SNAP Recipients 17.1%
Social Security Income
Retirement Income 21.8%
Household Income Distribution
< $10k
3.3%
$10–15k
6.2%
$15–25k
2.6%
$25–35k
9.3%
$35–50k
16.9%
$50–75k
10.2%
$75–100k
14.3%
$100–150k
18.1%
$150–200k
8.3%
$200k+
10.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,671
Owner-Occupied 68.6%
Renter-Occupied 31.4%
Vacancy Rate 3.7%
Median Home Value $245,600
-$97,600 vs. state
Median Gross Rent $1,618
Owner Cost Burden (30%+) 31.2%
Renter Cost Burden (30%+) 44.2%
Home Value Distribution
< $50k
10.4%
$50–100k
2.6%
$100–200k
9.0%
$200–300k
35.1%
$300–500k
27.5%
$500k–$1M
4.5%
Gross Rent Distribution
< $500
3.6%
$500–1k
6.7%
$1–1.5k
28.5%
$1.5–2k
47.5%
$2–2.5k
8.3%
$2.5–3.5k
5.3%
Vehicle Availability
No vehicle
16.7%
1 vehicle
29.2%
2 vehicles
37.0%
3+
17.1%
Housing Type
Single-fam. det.
61.0%
Single-fam. att.
5.7%
2–4 units
2.6%
5–19 units
5.0%
20+ units
6.9%
Mobile home
14.4%
Housing Age
Pre-1940
13.3%
1940–1969
4.1%
1970–1999
5.6%
2000–2009
7.4%
2010+
2.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 95.5%
Bachelor's or Higher 25.5%
-16.4 pp vs. state
Graduate Degree 14.7%
Some College / Associate 22.9%
Less Than High School 2.0%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 62.6%
Unemployment Rate 7.8%
+2.2 pp vs. state
Work from Home 6.0%
Self-Employed 4.5%
Government Workers 15.0%
Private For-Profit 80.5%
Industry
Edu/Health
29.6%
Manufacturing
16.3%
Retail
13.5%
Arts/Entmt.
9.3%
Transportation
8.3%
Public Admin
5.1%
Prof. Services
4.3%
Finance
2.6%
Agriculture
1.2%
Construction
0.9%
Information
0.8%
Wholesale
0.8%
Occupation
Management
44.4%
Sales
20.7%
Food Prep
14.0%
Production
13.2%
Construction
7.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 30.1 min
Drove Alone 82.0%
Carpool 4.5%
Public Transit 0.9%
Work from Home 6.0%
Walked 2.9%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,610
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 39.0%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 15.7%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
1.3%
5–9
3.2%
10–14
8.2%
15–19
3.9%
20–24
5.0%
25–34
14.6%
35–44
13.3%
45–54
12.7%
55–64
6.8%
65–74
7.7%
75–84
13.0%
85+
8.1%
Under 18: 15.8% Working age (18–64): 84.2% 65 and over: 23.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 4.2%
Naturalized Citizen 65.8%
Speaks English Less Than Very Well 2.1%
Foreign-Born Origin
Latin America
45.9%
Asia
29.5%
Europe
18.5%
Africa
6.2%

Veterans & Disability

Veteran 9.3%
With a Disability 18.0%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 98.6%
Uninsured 1.4%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 91.0%
Has a Computer 94.7%
Same House 1 Year Ago 89.7%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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