Living in Waterford, New York
Cost of living, income, home prices, rent and demographics of Waterford · Census data 2020–2024
Waterford has 2,085 residents with a median age of 42.4. The median household income is $72,938 (15% lower than the New York median), the median home value is $157,500, the median rent is $1,082/month.
Waterford at a glance
- Population
- 2,085
- Median age
- 42.4State: 39.8
- Median household income
- $72,938State: $85,974
- Median home value
- $157,500State: $423,800
- Median rent
- $1,082/moState: $1,621
- Homeowners
- 53.8%
- Bachelor's degree or higher
- 22.5%
- Average commute
- 23 min
Is Waterford a good place to live?
Pros: Home values 63% lower than the state median; an average commute of 23 minutes; unemployment of 2.8%; a poverty rate of 10.6%.
Cons: Median household income 15% lower than the New York median.
The weather is best in May–June and August–September.
Cost of living in Waterford
Housing is the biggest part of the cost of living. In Waterford the median home value is $157,500, 53% lower than the U.S. median. Renters pay a median of $1,082 per month, which is 23.3% of household income. Homeowners with a mortgage pay $1,710 a month in housing costs.
Waterford median household income
The median household income in Waterford is $72,938 and the income per person is $39,258. 10.6% of residents live below the poverty line (New York: 14%).
Housing in Waterford: homes for sale and rent
- Housing units
- 1,143
- Owner-occupied
- 53.8%
- Renter-occupied
- 46.2%
- Vacant
- 8.4%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.99
Waterford demographics
- Population
- 2,085
- Median age
- 42.4
- Under 18
- 16.8%
- 65 and older
- 25.7%
- Households
- 1,047
- Foreign-born
- 3.5%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Waterford ›
Education in Waterford
22.5% of adults 25 and older in Waterford have a bachelor's degree or higher (New York: 40.2%), and 9.2% have a graduate or professional degree.
Jobs and commute in Waterford
- Unemployment rate
- 2.8%State: 6.4%
- Average commute
- 23 minState: 33 min
- Work from home
- 14%
- Drive alone
- 74.5%
- Public transit
- 0%
- Walk to work
- 5.5%
- Homes with broadband
- 92.3%
Waterford vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waterford | 2,085 | $72,938 | $157,500 | $1,082 |
| Cohoes | 18,159 | $61,145 | $223,400 | $1,251 |
| Green Island | 2,970 | $59,406 | $138,300 | $1,084 |
| Troy | 51,033 | $58,477 | $206,500 | $1,175 |
| Watervliet | 10,287 | $57,919 | $179,700 | $1,083 |
| Latham | 13,802 | $104,899 | $326,900 | $1,472 |
| Clifton Gardens | 2,420 | $57,245 | $316,300 | $1,380 |
| Loudonville | 10,527 | $142,829 | $391,200 | $1,829 |
| Wynantskill | 3,487 | $108,558 | $293,400 | $1,200 |
More for people moving to Waterford
Waterford ZIP code ›Weather and climate ›Living in Waterford: FAQ
What is the median household income in Waterford, NY?
The median household income in Waterford is $72,938, 15% lower than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Waterford?
The median home value in Waterford is $157,500, compared with $423,800 in New York.
How much is rent in Waterford?
The median gross rent in Waterford is $1,082 per month, about 23.3% of household income.
Is Waterford, NY a good place to live?
Pluses: home values 63% lower than the state median; an average commute of 23 minutes; unemployment of 2.8%; a poverty rate of 10.6%. Minuses: median household income 15% lower than the New York median.
What is the median age in Waterford?
The median age in Waterford is 42.4 years (New York: 39.8).
How long is the commute in Waterford?
The average commute to work in Waterford is 23 minutes; 14% of workers work from home.
What is the unemployment rate in Waterford?
The unemployment rate in Waterford is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waterford?
22.5% of adults in Waterford have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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