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Waterford, New York Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

During the 2020–2024 ACS period, Waterford, New York had a total population of 2,085, the 611th largest village in New York, with a median household income of $72,938, which is 15% lower than the state average. The poverty rate is 10.6%.

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

Key Takeaways

Waterford Quick Facts

Population 2,085
Median Household Income $72,938
Median Home Value $157,500
Poverty Rate 10.6%
Unemployment Rate 2.8%
Median Age 42.4 years
Homeownership Rate 53.8%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 22.5%
High School Graduation Rate 95.3%
Diversity Index 25/100
Population 2,085 611th of 1,289
Median Income $72,938 below average
Poverty Rate 10.6% 15% lower than national
Median Home Value $157,500 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
Population2,0532,085+1.6%
Median household income$68,203$72,938+6.9%
Median home value$166,700$157,500-5.5%

How Waterford Compares

Economy & Housing

Household Income Distribution

Under $25K 13.0%
$25K-$50K 17.8%
$50K-$100K 43.0%
$100K+ 26.3%
Detailed income brackets
Under $10K
3.3%
$10K-$15K
4.6%
$15K-$20K
0.5%
$20K-$25K
4.6%
$25K-$30K
1.0%
$30K-$35K
2.7%
$35K-$40K
6.9%
$40K-$45K
0.5%
$45K-$50K
6.8%
$50K-$60K
11.9%
$60K-$75K
12.0%
$75K-$100K
19.0%
$100K-$125K
9.6%
$125K-$150K
5.9%
$150K-$200K
8.8%
$200K+
2.0%

Employment

2.8% Unemployment Rate State: 6.4%|National: 5.2%
62.4% Labor Force Participation

Housing Overview

Owner 53.8%
Renter 46.2%
Affordability Index Very Affordable
2.2x home value to income ratio
Median gross rent $1,082/mo 17.8% of median household income annually

People & Demographics

Diversity Index

25out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 61

Education

Waterford Rankings in New York

#611 Population of 1,289
#753 Median Income of 1,219
#959 Education of 1,288
#914 Home Value of 1,232

Other Cities in Saratoga County

CityPopulationMedian IncomePovertyHome Value
Saratoga Springs 28,631 $105,944 9.7% $478,100
Country Knolls 5,445 $143,036 1.4% $383,700
Mechanicville 5,124 $50,675 18.1% $186,500
Ballston Spa 5,027 $101,667 8.6% $308,200
Milton (Saratoga County) 4,450 $94,982 2.5% $354,700
South Glens Falls 3,737 $58,542 12.4% $212,700
Clifton Knolls-Mill Creek 3,349 $188,750 0.0% $386,200
Corinth 2,592 $76,071 14.0% $188,100
Clifton Gardens 2,420 $57,245 2.6% $316,300
Stillwater 1,874 $90,060 8.0% $271,900

Cities Similar to Waterford

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hamilton College2,058N/AN/A66.7%0.0%
Lima2,064$69,420$203,30037.0%6.0%
Nedrow2,029$70,489$106,90026.1%4.9%
Lake Katrine2,176$72,031$298,00032.7%10.1%
Wayland2,007$74,688$99,50015.3%17.0%

Population Overview

Waterford is a small community located in New York, within Saratoga County. The total population is 2,085. It ranks as the 611th most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Waterford is 42.4 years. This is 7% higher than the state median of 39.8 years.

Economy, Income & Housing

The median household income in Waterford is $72,938. This is 15% lower than the state median of $85,974. It is also 10% lower than the national median of $80,734. The poverty rate stands at 10.6%. This is 24% lower than the state poverty rate of 14.0%. The unemployment rate is 2.8%. This is 56% lower than the state rate of 6.4%. The median home value is $157,500. Housing costs are 63% lower than the state median of $423,800. With a home-value-to-income ratio of just 2.2x, Waterford is one of the most affordable housing markets in the area. 53.8% of occupied housing units are owner-occupied. This homeownership rate is 1% lower than the state average of 54.4%.

Race & Ethnicity

Waterford has a predominantly White (non-Hispanic) population, comprising 86.4% of all residents. Asian residents account for 7.5%. The White (non-Hispanic) population is significantly higher than the state average (86.4% vs 52.8%). The Black or African American population (0.1%) is well below the state average of 13.4%. The Hispanic or Latino population (1.6%) is well below the state average of 19.8%.

Education

22.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% lower than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.3%.

Data Sources & Methodology

All demographic data for Waterford, New York 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 New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. 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, New York?

Waterford, New York has a population of 2,085 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Waterford, NY?

The median household income in Waterford is $72,938, which is 10% lower than the national median of $80,734.

What is the poverty rate in Waterford, NY?

The poverty rate in Waterford is 10.6%. This means approximately 221 residents live below the federal poverty line.

What is the racial makeup of Waterford, New York?

Waterford's population is 86.4% White, 0.1% Black, 1.6% Hispanic/Latino, and 7.5% Asian.

What is the median home value in Waterford, NY?

The median home value in Waterford is $157,500. The home-value-to-income ratio is 2.2x.

How educated is Waterford, New York?

22.5% of adults (25+) in Waterford hold a bachelor's degree or higher, and 9.2% hold a graduate or professional degree.