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New Waterford village, Ohio Demographics & Population 2026

As of 2026, New Waterford village, Ohio has a total population of 982, the 696th largest city in Ohio, with a median household income of $51,932, which is 25% lower than the state average. The poverty rate is 17.3%.

New Waterford village Quick Facts

Population 982
Median Household Income $51,932
Median Home Value $131,300
Poverty Rate 17.3%
Unemployment Rate 3.0%
Median Age 40.9 years
Homeownership Rate 77.6%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 17.3%
High School Graduation Rate 90.5%
Diversity Index 21/100
Population 982 696th of 1,264
Median Income $51,932 bottom 30%
Poverty Rate 17.3% 39% higher national
Median Home Value $131,300 average

How New Waterford village Compares

Economy & Housing

Employment

3.0% Unemployment Rate State: 4.9% | National: 5.2%
66.6% Labor Force Participation

Housing Overview

Owner 77.6%
Renter 22.4%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

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

State average: 39 | National average: 60

Education

New Waterford village Rankings in Ohio

#696 Population of 1,264
#900 Median Income of 1,264
#641 Education of 1,264
#703 Home Value of 1,264

Cities Similar to New Waterford village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
New Holland village981$51,544$134,8007.8%27.8%
Yorkville village1,002$50,625$117,5007.6%16.5%
La Croft CDP944$51,650$82,3005.8%13.6%
Saybrook-on-the-Lake CDP996$55,179$160,80029.6%8.1%
Beloit village995$48,684$98,30013.9%7.6%

Population Overview

New Waterford village is a small community located in Ohio. The total population is 982. It ranks as the 696th most populous out of 1,264 cities and towns in Ohio.

Age Demographics

The median age in New Waterford village is 40.9 years. This is 3% higher than the state median of 39.6 years.

Economy, Income & Housing

The median household income in New Waterford village is $51,932. This is 25% lower than the state median of $69,680. Compared to the national median of $78,538, household income here is 34% lower. The poverty rate stands at 17.3%. This is 31% higher than the state poverty rate of 13.2%. The unemployment rate is 3.0%. This is 37% lower than the state rate of 4.9%. The median home value is $131,300. Housing costs are 34% lower than the state median of $199,200. With a home-value-to-income ratio of just 2.5x, New Waterford village is one of the most affordable housing markets in the area. 77.6% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 67.0%.

Race & Ethnicity

New Waterford village has a predominantly White (non-Hispanic) population, comprising 88.1% of all residents. Hispanic or Latino residents account for 1.5%. The Black or African American population (1.4%) is well below the state average of 12.1%. The Hispanic or Latino population (1.5%) is well below the state average of 4.6%. The Asian population (0.8%) is well below the state average of 2.4%.

Education

17.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.5%.

Data Sources & Methodology

All demographic data for New Waterford village, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of New Waterford village, Ohio?

New Waterford village, Ohio has a population of 982 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Waterford village, OH?

The median household income in New Waterford village is $51,932, which is 34% lower the national median of $78,538.

What is the poverty rate in New Waterford village, OH?

The poverty rate in New Waterford village is 17.3%. This means approximately 170 residents live below the federal poverty line.

What is the racial makeup of New Waterford village, Ohio?

New Waterford village's population is 88.1% White, 1.4% Black, 1.5% Hispanic/Latino, and 0.8% Asian.

What is the median home value in New Waterford village, OH?

The median home value in New Waterford village is $131,300. The home-value-to-income ratio is 2.5x.

How educated is New Waterford village, Ohio?

17.3% of adults (25+) in New Waterford village hold a bachelor's degree or higher, and 2.1% hold a graduate or professional degree.