Living in Waterford, Wisconsin

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

Waterford has 5,692 residents with a median age of 46.3. The median household income is $82,404 (6% higher than the Wisconsin median), the median home value is $329,800, the median rent is $1,374/month.

Waterford at a glance

Population
5,692
Median age
46.3State: 40.2
Median household income
$82,404State: $77,485
Median home value
$329,800State: $266,500
Median rent
$1,374/moState: $1,087
Homeowners
78.4%
Bachelor's degree or higher
28.2%
Average commute
26 min

Is Waterford a good place to live?

Pros: Median household income 6% higher than the Wisconsin median; unemployment of 2.1%; a poverty rate of 3.8%.

Cons: Home values 24% higher than the state median; an average commute of 26 minutes.

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 $329,800, about the same as the U.S. median. Renters pay a median of $1,374 per month, which is 22.6% of household income. Homeowners with a mortgage pay $1,819 a month in housing costs.

Median home value

Waterford$329,800
Wisconsin$266,500
United States$332,700

Median monthly rent

Waterford$1,374
Wisconsin$1,087
United States$1,413

Waterford median household income

The median household income in Waterford is $82,404 and the income per person is $45,404. 3.8% of residents live below the poverty line (Wisconsin: 10.6%).

Median household income

Waterford$82,404
Wisconsin$77,485
United States$80,734

Housing in Waterford: homes for sale and rent

Housing units
2,609
Owner-occupied
78.4%
Renter-occupied
21.6%
Vacant
5.6%Includes seasonal homes
Median year built
1992
Average household size
2.30

Waterford demographics

Population
5,692
Median age
46.3
Under 18
18.9%
65 and older
22.2%
Households
2,463
Foreign-born
2.1%
Veterans
6.3%Adults 18+

Race and ethnicity

White88.3%
Hispanic or Latino3.8%
Black1.3%
Asian0%

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

Education in Waterford

28.2% of adults 25 and older in Waterford have a bachelor's degree or higher (Wisconsin: 33.4%), and 9.4% have a graduate or professional degree.

Bachelor's degree or higher

Waterford28.2%
Wisconsin33.4%
United States35.7%

Jobs and commute in Waterford

Unemployment rate
2.1%State: 3.2%
Average commute
26 minState: 22 min
Work from home
12.6%
Drive alone
80.5%
Public transit
0%
Walk to work
0%
Homes with broadband
94.7%

Waterford vs nearby towns

TownPopulationMedian incomeHome valueRent
Waterford5,692$82,404$329,800$1,374
Rochester3,764$107,038$375,700$855
Tichigan5,052$126,933$445,800$1,201
Wind Lake4,836$102,855$386,100$1,169
Browns Lake1,827$129,196$334,200—
Eagle Lake1,037$95,625$271,400$1,514
Burlington10,987$83,419$276,600$999
Potter Lake807$94,750$309,600—
Mukwonago8,415$98,273$366,200$1,142

More for people moving to Waterford

Waterford ZIP code ›Weather and climate ›

Living in Waterford: FAQ

What is the median household income in Waterford, WI?

The median household income in Waterford is $82,404, 6% higher than the Wisconsin median of $77,485 (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 $329,800, compared with $266,500 in Wisconsin.

How much is rent in Waterford?

The median gross rent in Waterford is $1,374 per month, about 22.6% of household income.

Is Waterford, WI a good place to live?

Pluses: median household income 6% higher than the Wisconsin median; unemployment of 2.1%; a poverty rate of 3.8%. Minuses: home values 24% higher than the state median; an average commute of 26 minutes.

What is the median age in Waterford?

The median age in Waterford is 46.3 years (Wisconsin: 40.2).

How long is the commute in Waterford?

The average commute to work in Waterford is 26 minutes; 12.6% of workers work from home.

What is the unemployment rate in Waterford?

The unemployment rate in Waterford is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Waterford?

28.2% 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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