Waterford, CT

Census Place

2024 Population

3,304

US Senator

Richard Blumenthal

Democratic Party

US Senator

Chris Murphy

Democratic Party

2024 Median Age

44.8

1.97% 1-year decrease

2024 Poverty Rate

5.01% 1-year increase

2024 Median Household Income

$73,156

3.7% 1-year decline

2024 Median Property Value

Population & Diversity

Waterford, CT is home to a population of 3.3k people, from which 95% are citizens.

As of 2024, 9.47% of Waterford, CT residents were born outside of the country (313 people).

In 2024, there were 5.22 times more White (Non-Hispanic) residents (2.08k people) in Waterford, CT than any other race or ethnicity. There were 398 Two Races Including Other (Hispanic) and 218 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

95%

2024 Citizenship

98.6%

2023 Citizenship

As of 2024, 95% of Waterford, CT residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Waterford, CT was 98.6%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Waterford, CT compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Waterford, CT

White (Non-Hispanic)
2.08k ± 300
Two Races Including Other (Hispanic)
398 ± 249
Black or African American (Non-Hispanic)
218 ± 147

18.7%

Hispanic Population

618 people

18.7% of the people in Waterford, CT are hispanic (618 people).

The following chart shows the 8 races represented in Waterford, CT as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Connecticut.

Most Common Origin

Jamaica
46,306 ± 5,249 people
India
39,834 ± 4,873 people
Dominican Republic
31,156 ± 4,315 people

In 2024, the most common birthplace for the foreign-born residents of Connecticut was Jamaica, the natal country of 46,306 Connecticut residents, followed by India with 39,834 and Dominican Republic with 31,156.

Foreign-Born Population

9.47%

2024 Foreign-Born Population

313 people

3.92%

2023 Foreign-Born Population

137 people

As of 2024, 9.47% of Waterford, CT residents (313 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Waterford, CT was 3.92%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Waterford, CT compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (1990s)
53 ± 54
Korea
43 ± 42
Gulf War (2001-)
40 ± 50

Waterford, CT has a large population of military personnel who served in Gulf War (1990s), 1.23 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Waterford, CT.

Economy

The economy of Waterford, CT employs 1.58k people. In 2024, the largest industries in Waterford, CT were Manufacturing (331 people), Health Care & Social Assistance (252 people), and Other Services, Except Public Administration (176 people), and the highest paying industries were Professional, Scientific, & Technical Services ($100,380), Construction ($89,904), and Utilities ($83,971).

Employment

Occupations

1.58k

2024 Value

± 283

−8.04%

1 Year decline

± 27.1%

From 2023 to 2024, employment in Waterford, CT declined at a rate of −8.04%, from 1.72k employees to 1.58k employees.

The most common job groups, by number of people living in Waterford, CT, are Management Occupations (185 people), Production Occupations (184 people), and Sales & Related Occupations (178 people). This chart illustrates the share breakdown of the primary jobs held by residents of Waterford, CT.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Connecticut.

This chart shows weekly unemployment insurance claims in Connecticut (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

1.58k

2024 Value

± 283

−8.04%

1 Year decline

± 27.1%

From 2023 to 2024, employment in Waterford, CT declined at a rate of −8.04%, from 1.72k employees to 1.58k employees.

The most common employment sectors for those who live in Waterford, CT, are Manufacturing (331 people), Health Care & Social Assistance (252 people), and Other Services, Except Public Administration (176 people). This chart shows the share breakdown of the primary industries for residents of Waterford, CT, though some of these residents may live in Waterford, CT and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$70,266

Median earning men ± $10,066

$39,009

Median earning women ± $14,652

The industries with the best median earnings for men in 2024 are Manufacturing ($92,886), Transportation & Warehousing, & Utilities ($82,868), and Educational Services, & Health Care & Social Assistance ($71,250).

The industries with the best median earnings for women in 2024 are Manufacturing ($78,621), Professional, Scientific, & Management, & Administrative & Waste Management Services ($65,500), and Educational Services, & Health Care & Social Assistance ($61,250).

Housing & Living

The median property value in Waterford, CT was $282,900 in 2024, which is 0.85 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $245,600 to $282,900, a 15.2% increase. The homeownership rate in Waterford, CT is 66.9%, which is higher than the national average of 65.2%.

People in Waterford, CT have an average commute time of 21.8 minutes, and they drove alone to work. Car ownership in Waterford, CT is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$282,900

Median Property Value 2024

±$34,209

$1,087

Median Property Taxes

±$216

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Waterford, CT the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Waterford, CT compared to it's parent and neighbor geographies.

Rent vs Own

66.9%

Homeownership

2024

55.2%

Homeowners with Mortgage

2024

In 2024, 66.9% of the housing units in Waterford, CT were occupied by their owner. This percentage declined from the previous year's rate of 68.6%.

This chart shows the percentage of owner in Waterford, CT compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$73,156

Median Household Income

± $7,397

1.63k

Number of Households

± 304

In 2024, the median household income of the 1.63k households in Waterford, CT declined from $73,156 from the previous year's value of $75,968.

The following chart displays the households in Waterford, CT distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $60k - $75k range.

Wage Distribution

The closest comparable wage GINI for Waterford, CT is from Connecticut.

0.495

2024 Wage GINI in Connecticut

0.498

2023 Wage GINI in Connecticut

In 2024, the income inequality in Connecticut was 0.495 according to the GINI calculation of the wage distribution. Income inequality had a 0.618% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Connecticut was higher than than the national average of 0.474. In other words, wages are distributed less evenly in Connecticut in comparison to the national average.

This chart shows the number of workers in Connecticut across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (83.1%)
Carpooled (7.68%)
Worked At Home (6.73%)

In 2024, 83.1% of workers in Waterford, CT drove alone to work, followed by those who carpooled to work (7.68%) and those who worked at home (6.73%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

21.8 minutes

Average Travel Time

Using averages, employees in Waterford, CT have a shorter commute time (21.8 minutes) than the normal US worker (26.4 minutes). Additionally, 3.68% of the workforce in Waterford, CT have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Waterford, CT compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Waterford, CT distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Waterford, CT have 2 cars.

Poverty

Poverty & Diversity

7% of the population for whom poverty status is determined in Waterford, CT (225 out of 3.21k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 75+, followed by Females 25 - 34 and then Females 45 - 54.

The most common racial or ethnic group living below the poverty line in Waterford, CT is White, followed by Black and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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