Pros and Cons of Living In Waterford, Connecticut. Is Waterford, CT a Nice Place To Live or Retire?

FIND OUT MORE DETAILS

Waterford, Connecticut

Moving to Waterford In Connecticut ? Is Waterford, CT a Nice Place To Live? Pros and Cons of Living in Waterford, Connecticut. Find out the best and worst about to live, raise a family or retire in Waterford.

Waterford is a town in New London County, Connecticut. It is named after Waterford, Ireland. The town is part of the Southeastern Connecticut Planning Region. The population was 19,571 at the 2020 census. The town center is listed as a census-designated place (CDP) and had a population of 3,074 at the 2020 census.

DEMOGRAPHICS

Population
3008
Unemployment
7.5%
60% NAT AVG.
Poverty
11.7%
16% NAT AVG.

ECONOMICS

Median Home Cost
$197600
14% NAT AVG.
Median Income
$56181
17% NAT AVG.
Median Rent
$1187
2% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
200
54% NAT. AVG.
39% STATE AVG.
Violent Crime
3
96% NAT. AVG.
91% STATE AVG.
Property Crime
197
46% NAT. AVG.
33% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 9
Unemployed People
1 in 13
People Earning < $10,000
1 in 18
People Earning < $50,000
45.9%
People With Any Degree
1 in 3.6

ETHNICITY

Ethnicity Waterford USA
White 80.7% 60.1%
African American 5.3% 12.2%
American Indian 0% 0.6%
Asian 6% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.8% 2.8%
Hispanic 6.2% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Waterford USA
Less than $10,000 5.5% 5.8%
$10,000 to $14,999 8.9% 4.1%
$15,000 to $24,999 12.1% 8.5%
$25,000 to $34,999 10.2% 8.6%
$35,000 to $49,999 9.2% 12.0%
$50,000 to $74,999 14.3% 17.2%
$75,000 to $99,999 10.9% 12.8%
$100,000 to $149,999 20.4% 15.6%
$150,000 to $199,999 4.8% 7.1%

EDUCATION

Education Waterford USA
< 9th Grade 3% 5.0%
9-12th Grade 5% 7.0%
High School or GED 41% 27.0%
Other College 23% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 15% 20.0%
Master's Degree 6% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 0% 1.0%
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. 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.

Cost of living in Waterford is 0, which is 100% lower than national average. In Waterford, only 23% of adults have a bachelor's degree and 28% have some college but no degree. 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.
Waterford Scorecard

Jobs60%

Housing85%

Affordability50%

Safety85%

Amenities70%

Diversity80%

Education80%

THANKS FOR READING

Read this story and other stories in details on our Website.
FIND OUT MORE DETAILS