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Waterford borough, Pennsylvania Demographics & Population 2026

As of 2026, Waterford borough, Pennsylvania has a total population of 1,254, the 882nd largest city in Pennsylvania, with a median household income of $58,875, which is 23% lower than the state average. The poverty rate is 13.8%.

Key Takeaways

Waterford borough Quick Facts

Population 1,254
Median Household Income $58,875
Median Home Value $163,000
Poverty Rate 13.8%
Unemployment Rate 10.1%
Median Age 48.3 years
Homeownership Rate 51.7%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 18.9%
High School Graduation Rate 89.8%
Diversity Index 17/100
Population 1,254 882nd of 1,993
Median Income $58,875 below average
Poverty Rate 13.8% 11% higher national
Median Home Value $163,000 average

How Waterford borough Compares

Economy & Housing

Employment

10.1% Unemployment Rate State: 5.3% | National: 5.2%
59.8% Labor Force Participation

Housing Overview

Owner 51.7%
Renter 48.3%
Affordability Index Very Affordable
2.8x home value to income ratio

People & Demographics

Diversity Index

17out of 100
Very Low Diversity

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

State average: 43 | National average: 60

Education

Waterford borough Rankings in Pennsylvania

#882 Population of 1,993
#1209 Median Income of 1,993
#1149 Education of 1,993
#969 Home Value of 1,993

Other Cities in Erie County

CityPopulationMedian IncomePovertyHome Value
Erie city 94,156 $43,397 24.6% $108,200
Corry city 6,162 $45,081 29.2% $99,800
Edinboro borough 5,303 $40,862 24.6% $211,300
North East borough 4,069 $67,469 16.0% $151,000
Wesleyville borough 3,189 $46,506 17.8% $100,700
Girard borough 2,979 $72,481 5.7% $168,100
Union City borough 2,911 $42,754 21.0% $101,000
Lake City borough 2,901 $74,909 10.9% $154,400
Albion borough 1,269 $54,083 12.7% $131,000
Cranesville borough 732 $73,824 7.2% $120,700

Cities Similar to Waterford borough

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mars borough1,255$58,000$286,20027.6%12.3%
Windsor borough1,281$58,895$179,30011.2%26.3%
Collinsburg CDP1,278$57,440$132,90015.9%18.5%
Newville borough1,269$62,599$161,30013.7%10.2%
West Kittanning borough1,309$59,414$118,80026.1%7.0%

Population Overview

Waterford borough is a small community located in Pennsylvania, within Erie County. The total population is 1,254. It ranks as the 882nd most populous out of 1,993 cities and towns in Pennsylvania.

Age Demographics

The median age in Waterford borough is 48.3 years. This is 18% higher than the state median of 40.9 years.

Economy, Income & Housing

The median household income in Waterford borough is $58,875. This is 23% lower than the state median of $76,081. Compared to the national median of $78,538, household income here is 25% lower. The poverty rate stands at 13.8%. This is 17% higher than the state poverty rate of 11.8%. The unemployment rate is 10.1%. This is 92% higher than the state rate of 5.3%. The median home value is $163,000. Housing costs are 32% lower than the state median of $240,500. With a home-value-to-income ratio of just 2.8x, Waterford borough is one of the most affordable housing markets in the area. 51.7% of occupied housing units are owner-occupied. This homeownership rate is 25% lower than the state average of 69.3%.

Race & Ethnicity

Waterford borough has a predominantly White (non-Hispanic) population, comprising 90.6% of all residents. Hispanic or Latino residents account for 5.8%.

Education

18.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 45% lower than the state rate of 34.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.8%.

Data Sources & Methodology

All demographic data for Waterford borough, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,993 Census-designated places in Pennsylvania. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Waterford borough, Pennsylvania?

Waterford borough, Pennsylvania has a population of 1,254 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Waterford borough, PA?

The median household income in Waterford borough is $58,875, which is 25% lower the national median of $78,538.

What is the poverty rate in Waterford borough, PA?

The poverty rate in Waterford borough is 13.8%. This means approximately 172 residents live below the federal poverty line.

What is the racial makeup of Waterford borough, Pennsylvania?

Waterford borough's population is 90.6% White, 0.0% Black, 5.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Waterford borough, PA?

The median home value in Waterford borough is $163,000. The home-value-to-income ratio is 2.8x.

How educated is Waterford borough, Pennsylvania?

18.9% of adults (25+) in Waterford borough hold a bachelor's degree or higher, and 5.7% hold a graduate or professional degree.