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Waterford, Connecticut Demographics & Population 2026

During the 2020–2024 ACS period, Waterford, Connecticut had a total population of 3,304, the 91st largest community in Connecticut, with a median household income of $73,156, which is 24% lower than the state average. The poverty rate is 7.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Waterford Quick Facts

Population 3,304
Median Household Income $73,156
Median Home Value $282,900
Poverty Rate 7.0%
Unemployment Rate 6.2%
Median Age 44.8 years
Homeownership Rate 66.9%
Affordability Ratio 3.9x
Bachelor's Degree or Higher 27.3%
High School Graduation Rate 95.9%
Diversity Index 56/100
Population 3,304 91st of 214
Median Income $73,156 bottom 20%
Poverty Rate 7.0% 44% lower than national
Median Home Value $282,900 bottom 30%

How Waterford Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,4963,304-5.5%
Median household income$75,968$73,156-3.7%
Median home value$245,600$282,900+15.2%

How Waterford Compares

Economy & Housing

Household Income Distribution

Under $25K 10.8%
$25K-$50K 27.6%
$50K-$100K 29.9%
$100K+ 31.6%
Detailed income brackets
Under $10K
3.7%
$10K-$15K
3.6%
$15K-$20K
2.1%
$20K-$25K
1.4%
$25K-$30K
6.0%
$30K-$35K
3.2%
$35K-$40K
5.3%
$40K-$45K
3.2%
$45K-$50K
9.8%
$50K-$60K
2.1%
$60K-$75K
14.0%
$75K-$100K
13.8%
$100K-$125K
13.3%
$125K-$150K
7.3%
$150K-$200K
5.7%
$200K+
5.3%

Employment

6.2% Unemployment Rate State: 5.6%|National: 5.2%
61.0% Labor Force Participation

Housing Overview

Owner 66.9%
Renter 33.1%
Affordability Index Affordable
3.9x home value to income ratio
Median gross rent $1,668/mo 27.4% of median household income annually

People & Demographics

Diversity Index

56out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 57 | National average: 61

Education

Waterford Rankings in Connecticut

#91 Population of 214
#169 Median Income of 204
#172 Education of 214
#156 Home Value of 205

Cities Similar to Waterford

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Niantic3,123$81,250$396,00048.2%3.6%
Fairfield University2,939N/AN/A5.7%92.3%
Moosup2,885$73,024$270,90018.4%14.4%
Jewett City3,429$55,530$196,90010.9%13.9%
Lordship3,669$84,606$465,20047.3%8.6%

Population Overview

Waterford is a small community located in Connecticut. The total population is 3,304. It ranks as the 91st most populous out of 214 Census-designated places in Connecticut.

Age Demographics

The median age in Waterford is 44.8 years. This is 9% higher than the state median of 41.1 years. 11.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Waterford is $73,156. This is 24% lower than the state median of $95,781. It is also 9% lower than the national median of $80,734. The poverty rate stands at 7.0%. This is 30% lower than the state poverty rate of 10.0%. The unemployment rate is 6.2%. This is 11% higher than the state rate of 5.6%. The median home value is $282,900. Housing costs are 23% lower than the state median of $366,900. The home-value-to-income ratio is 3.9x. 66.9% of occupied housing units are owner-occupied.

Race & Ethnicity

The largest racial or ethnic group in Waterford is White (non-Hispanic), making up 62.9% of the population. Hispanic or Latino residents account for 18.7%.

Education

27.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 36% lower than the state rate of 42.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.9%.

Data Sources & Methodology

All demographic data for Waterford, Connecticut is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Connecticut state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 214 Census-designated places in Connecticut. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Waterford, Connecticut?

Waterford, Connecticut has a population of 3,304 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Waterford, CT?

The median household income in Waterford is $73,156, which is 9% lower than the national median of $80,734.

What is the poverty rate in Waterford, CT?

The poverty rate in Waterford is 7.0%. This means approximately 225 residents live below the federal poverty line.

What is the racial makeup of Waterford, Connecticut?

Waterford's population is 62.9% White, 6.6% Black, 18.7% Hispanic/Latino, and 4.6% Asian.

What is the median home value in Waterford, CT?

The median home value in Waterford is $282,900. The home-value-to-income ratio is 3.9x.

How educated is Waterford, Connecticut?

27.3% of adults (25+) in Waterford hold a bachelor's degree or higher, and 15.0% hold a graduate or professional degree.