Living in Waterville, Vermont

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

Waterville has 680 residents with a median age of 49.1. The median household income is $71,250 (12% lower than the Vermont median), the median home value is $236,300, the median rent is $1,110/month.

Waterville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Waterville at a glance

Population
680
Median age
49.1State: 43.1
Median household income
$71,250State: $81,203
Median home value
$236,300State: $316,600
Median rent
$1,110/moState: $1,234
Homeowners
79.9%
Bachelor's degree or higher
32.1%
Average commute
38 min

Is Waterville a good place to live?

Pros: Home values 25% lower than the state median; a poverty rate of 4.9%.

Cons: Median household income 12% lower than the Vermont median; an average commute of 38 minutes; unemployment of 9.4%.

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 $236,300, 29% lower than the U.S. median. Renters pay a median of $1,110 per month, which is 24.2% of household income. Homeowners with a mortgage pay $1,612 a month in housing costs.

Median home value

Waterville$236,300
Vermont$316,600
United States$332,700

Median monthly rent

Waterville$1,110
Vermont$1,234
United States$1,413

Waterville median household income

The median household income in Waterville is $71,250 and the income per person is $40,853. 4.9% of residents live below the poverty line (Vermont: 10.1%).

Median household income

Waterville$71,250
Vermont$81,203
United States$80,734

Housing in Waterville: homes for sale and rent

Housing units
336
Owner-occupied
79.9%
Renter-occupied
20.1%
Vacant
0.9%Includes seasonal homes
Median year built
1972
Average household size
2.04

Waterville demographics

Population
680
Median age
49.1
Under 18
20.4%
65 and older
14.4%
Households
333
Foreign-born
1%
Veterans
7.2%Adults 18+

Race and ethnicity

White97.2%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Waterville

32.1% of adults 25 and older in Waterville have a bachelor's degree or higher (Vermont: 43.8%), and 11.8% have a graduate or professional degree.

Bachelor's degree or higher

Waterville32.1%
Vermont43.8%
United States35.7%

Jobs and commute in Waterville

Unemployment rate
9.4%State: 3.6%
Average commute
38 minState: 24 min
Work from home
8.5%
Drive alone
81.3%
Public transit
0%
Walk to work
0.3%
Homes with broadband
79.3%

Waterville vs nearby towns

TownPopulationMedian incomeHome valueRent
Waterville680$71,250$236,300$1,110
Bakersfield1,109$83,462$271,300$1,200
Belvidere422$81,563$239,200$1,542
Fletcher1,196$105,833$302,100$1,679
Jeffersonville718$71,875$319,600$1,264
Johnson1,799$48,633—$947
Cambridge173$50,568$245,500$1,112
Fairfield1,938$87,019$320,600$1,056
Enosburgh2,804$63,828$223,100$852

More for people moving to Waterville

Waterville ZIP code ›Weather and climate ›

Living in Waterville: FAQ

What is the median household income in Waterville, VT?

The median household income in Waterville is $71,250, 12% lower than the Vermont median of $81,203 (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 $236,300, compared with $316,600 in Vermont.

How much is rent in Waterville?

The median gross rent in Waterville is $1,110 per month, about 24.2% of household income.

Is Waterville, VT a good place to live?

Pluses: home values 25% lower than the state median; a poverty rate of 4.9%. Minuses: median household income 12% lower than the Vermont median; an average commute of 38 minutes; unemployment of 9.4%.

What is the median age in Waterville?

The median age in Waterville is 49.1 years (Vermont: 43.1).

How long is the commute in Waterville?

The average commute to work in Waterville is 38 minutes; 8.5% of workers work from home.

What is the unemployment rate in Waterville?

The unemployment rate in Waterville is 9.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Waterville?

32.1% 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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