Living in Waterville, New York

Cost of living, income, home prices, rent and demographics of Waterville · Census data 2020–2024

Waterville has 1,731 residents with a median age of 44.9. The median household income is $82,273 (4% lower than the New York median), the median home value is $170,100, the median rent is $820/month.

Waterville at a glance

Population
1,731
Median age
44.9State: 39.8
Median household income
$82,273State: $85,974
Median home value
$170,100State: $423,800
Median rent
$820/moState: $1,621
Homeowners
54.1%
Bachelor's degree or higher
24.7%
Average commute
22 min

Is Waterville a good place to live?

Pros: Home values 60% lower than the state median; an average commute of 22 minutes; unemployment of 0.7%; a poverty rate of 8.1%.

Cons: Median household income 4% lower than the New York median.

The weather is best in June to September.

Cost of living in Waterville

Housing is the biggest part of the cost of living. In Waterville the median home value is $170,100, 49% lower than the U.S. median. Renters pay a median of $820 per month, which is 19.4% of household income. Homeowners with a mortgage pay $1,485 a month in housing costs.

Median home value

Waterville$170,100
New York$423,800
United States$332,700

Median monthly rent

Waterville$820
New York$1,621
United States$1,413

Waterville median household income

The median household income in Waterville is $82,273 and the income per person is $38,029. 8.1% of residents live below the poverty line (New York: 14%).

Median household income

Waterville$82,273
New York$85,974
United States$80,734

Housing in Waterville: homes for sale and rent

Housing units
800
Owner-occupied
54.1%
Renter-occupied
45.9%
Vacant
5.5%Includes seasonal homes
Median year built
1938
Average household size
2.17

Waterville demographics

Population
1,731
Median age
44.9
Under 18
18.8%
65 and older
21.5%
Households
756
Foreign-born
1.4%
Veterans
7.4%Adults 18+

Race and ethnicity

White94.6%
Hispanic or Latino3.8%
Black0%
Asian1%

Hispanic or Latino can be of any race. Population history of Waterville ›

Education in Waterville

24.7% of adults 25 and older in Waterville have a bachelor's degree or higher (New York: 40.2%), and 10.9% have a graduate or professional degree.

Bachelor's degree or higher

Waterville24.7%
New York40.2%
United States35.7%

Jobs and commute in Waterville

Unemployment rate
0.7%State: 6.4%
Average commute
22 minState: 33 min
Work from home
14.8%
Drive alone
74%
Public transit
0%
Walk to work
5.2%
Homes with broadband
84%

Waterville vs nearby towns

TownPopulationMedian incomeHome valueRent
Waterville1,731$82,273$170,100$820
Oriskany Falls600$46,375$115,000$599
Madison403$54,063$107,800$942
Clayville254$79,286$137,500$843
Bridgewater543$35,694$80,000$735
Clinton1,813$88,182$310,100$1,095
Chadwicks791$75,960$117,400$907
Unadilla Forks190$68,333$140,600$648
Washington Mills2,112$134,397$231,300$1,149

More for people moving to Waterville

Waterville ZIP code ›Weather and climate ›

Living in Waterville: FAQ

What is the median household income in Waterville, NY?

The median household income in Waterville is $82,273, 4% 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 Waterville?

The median home value in Waterville is $170,100, compared with $423,800 in New York.

How much is rent in Waterville?

The median gross rent in Waterville is $820 per month, about 19.4% of household income.

Is Waterville, NY a good place to live?

Pluses: home values 60% lower than the state median; an average commute of 22 minutes; unemployment of 0.7%; a poverty rate of 8.1%. Minuses: median household income 4% lower than the New York median.

What is the median age in Waterville?

The median age in Waterville is 44.9 years (New York: 39.8).

How long is the commute in Waterville?

The average commute to work in Waterville is 22 minutes; 14.8% of workers work from home.

What is the unemployment rate in Waterville?

The unemployment rate in Waterville is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Waterville?

24.7% of adults in Waterville 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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