Is Waterford, Connecticut a Good Place To Live? - Living In Waterford, CT

Is Waterford, Connecticut a good place to live?
Waterford is a city in Connecticut state in USA with a population of 3008 residents.. The poverty rate of Waterford is 11.7%, which is 16% lower than national average. The typical household in Waterford earns $56181 a year, compared to the national median of $67,500. Nearly 45.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Waterford, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Waterford remained 7.5%, which is 60% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Waterford, only 23% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Waterford is 0, which is 100% lower than national average. Median home value in Waterford is $197600 , which is 14% lower than national average. While median income in Waterford remained $56181, which is 17% lower than national average.
Population
3008
Unemployment
7.5%
60% NAT AVG.
Poverty
11.7%
16% NAT AVG.
Overall Score
6
Median Home Cost
$197600
14% NAT AVG.
Median Income
$56181
17% NAT AVG.
Median Rent
$1187
2% NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 13
People Earning < $10,000
1 in 18
People Earning < $50,000
45.9%
People with <= High School
1 in 2
People With Any Degree
1 in 3.6
Pros & Cons Overview

Jobs60%

Housing85%

Affordability50%

Safety85%

Amenities70%

Diversity80%

Education80%

Commute80%