Living in Waterford, Pennsylvania
Cost of living, income, home prices, rent and demographics of Waterford · Census data 2020–2024
Waterford has 1,301 residents with a median age of 44.7. The median household income is $51,250 (34% lower than the Pennsylvania median), the median home value is $167,600, the median rent is $1,003/month.
Waterford is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Waterford at a glance
- Population
- 1,301
- Median age
- 44.7State: 40.9
- Median household income
- $51,250State: $77,971
- Median home value
- $167,600State: $254,500
- Median rent
- $1,003/moState: $1,209
- Homeowners
- 48.7%
- Bachelor's degree or higher
- 19.7%
- Average commute
- 31 min
Is Waterford a good place to live?
Pros: Home values 34% lower than the state median.
Cons: Median household income 34% lower than the Pennsylvania median; an average commute of 31 minutes; unemployment of 12.2%; a poverty rate of 16.1%.
The weather is best in June to September.
Cost of living in Waterford
Housing is the biggest part of the cost of living. In Waterford the median home value is $167,600, 50% lower than the U.S. median. Renters pay a median of $1,003 per month, which is 27% of household income. Homeowners with a mortgage pay $1,257 a month in housing costs.
Waterford median household income
The median household income in Waterford is $51,250 and the income per person is $34,416. 16.1% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Waterford: homes for sale and rent
- Housing units
- 667
- Owner-occupied
- 48.7%
- Renter-occupied
- 51.3%
- Vacant
- 10%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.17
Waterford demographics
- Population
- 1,301
- Median age
- 44.7
- Under 18
- 19.4%
- 65 and older
- 17.1%
- Households
- 600
- Foreign-born
- 0.9%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Waterford ›
Education in Waterford
19.7% of adults 25 and older in Waterford have a bachelor's degree or higher (Pennsylvania: 35.2%), and 5.7% have a graduate or professional degree.
Jobs and commute in Waterford
- Unemployment rate
- 12.2%State: 5.3%
- Average commute
- 31 minState: 26 min
- Work from home
- 5.7%
- Drive alone
- 77%
- Public transit
- 0%
- Walk to work
- 4.7%
- Homes with broadband
- 89.7%
Waterford vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waterford | 1,301 | $51,250 | $167,600 | $1,003 |
| LeBoeuf | 1,775 | $91,897 | $219,000 | $1,073 |
| Mill Village | 334 | $61,528 | $135,900 | $640 |
| Summit | 7,314 | $73,553 | $245,000 | $1,423 |
| Washington | 4,380 | $94,116 | $284,600 | $948 |
| Greene | 4,456 | $85,750 | $227,700 | $1,729 |
| Amity | 976 | $79,063 | $206,300 | $625 |
| Union City | 2,887 | $44,004 | $88,100 | $731 |
| Cambridge | 1,487 | $82,243 | $161,400 | $687 |
More for people moving to Waterford
Waterford ZIP code ›Weather and climate ›Living in Waterford: FAQ
What is the median household income in Waterford, PA?
The median household income in Waterford is $51,250, 34% lower than the Pennsylvania median of $77,971 (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 $167,600, compared with $254,500 in Pennsylvania.
How much is rent in Waterford?
The median gross rent in Waterford is $1,003 per month, about 27% of household income.
Is Waterford, PA a good place to live?
Pluses: home values 34% lower than the state median. Minuses: median household income 34% lower than the Pennsylvania median; an average commute of 31 minutes; unemployment of 12.2%; a poverty rate of 16.1%.
What is the median age in Waterford?
The median age in Waterford is 44.7 years (Pennsylvania: 40.9).
How long is the commute in Waterford?
The average commute to work in Waterford is 31 minutes; 5.7% of workers work from home.
What is the unemployment rate in Waterford?
The unemployment rate in Waterford is 12.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waterford?
19.7% 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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