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Waterford, Wisconsin Demographics & Population 2026

During the 2020–2024 ACS period, Waterford, Wisconsin had a total population of 5,692, the 144th largest village in Wisconsin, with a median household income of $82,404, which is 6% higher than the state average. The poverty rate is 3.8%.

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

Key Takeaways

Waterford Quick Facts

Population 5,692
Median Household Income $82,404
Median Home Value $329,800
Poverty Rate 3.8%
Unemployment Rate 2.1%
Median Age 46.3 years
Homeownership Rate 78.4%
Affordability Ratio 4.0x
Bachelor's Degree or Higher 28.2%
High School Graduation Rate 96.4%
Diversity Index 22/100
Population 5,692 144th of 808
Median Income $82,404 above average
Poverty Rate 3.8% 69% lower than national
Median Home Value $329,800 top 20%

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
Population5,6275,692+1.2%
Median household income$80,380$82,404+2.5%
Median home value$312,700$329,800+5.5%

How Waterford Compares

Economy & Housing

Household Income Distribution

Under $25K 8.1%
$25K-$50K 17.4%
$50K-$100K 35.0%
$100K+ 39.6%
Detailed income brackets
Under $10K
2.4%
$10K-$15K
0.4%
$15K-$20K
4.1%
$20K-$25K
1.3%
$25K-$30K
6.7%
$30K-$35K
4.7%
$35K-$40K
0.5%
$40K-$45K
3.0%
$45K-$50K
2.6%
$50K-$60K
3.5%
$60K-$75K
14.4%
$75K-$100K
17.1%
$100K-$125K
6.3%
$125K-$150K
8.4%
$150K-$200K
20.5%
$200K+
4.3%

Employment

2.1% Unemployment Rate State: 3.3%|National: 5.2%
70.0% Labor Force Participation

Housing Overview

Owner 78.4%
Renter 21.6%
Affordability Index Moderate
4.0x home value to income ratio
Median gross rent $1,374/mo 20.0% of median household income annually

People & Demographics

Diversity Index

22out of 100
Very Low Diversity

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

State average: 37 | National average: 61

Education

Waterford Rankings in Wisconsin

#144 Population of 808
#248 Median Income of 788
#263 Education of 808
#107 Home Value of 799

Other Cities in Racine County

CityPopulationMedian IncomePovertyHome Value
Racine 77,633 $57,740 18.2% $166,500
Mount Pleasant 27,953 $91,616 5.9% $292,400
Caledonia 25,257 $93,152 4.5% $303,400
Burlington 10,987 $83,419 7.0% $276,600
Sturtevant 6,772 $92,647 7.4% $253,800
Tichigan 5,052 $126,933 3.6% $445,800
Union Grove 5,036 $107,482 4.0% $277,400
Wind Lake 4,836 $102,855 5.7% $386,100
Raymond 3,945 $109,464 5.0% $389,700
Rochester 3,764 $107,038 2.9% $375,700

Cities Similar to Waterford

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Evansville5,782$81,149$276,40035.0%5.6%
Milton5,706$85,959$249,20028.3%6.5%
Rothschild5,600$88,261$203,60033.6%8.5%
Columbus5,488$75,427$230,60027.6%6.9%
Edgerton6,014$72,489$266,90030.8%8.6%

Population Overview

Waterford is a small city located in Wisconsin, within Racine County. The total population is 5,692. It ranks as the 144th most populous out of 808 Census-designated places in Wisconsin.

Age Demographics

The median age in Waterford is 46.3 years. This is 15% higher than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Waterford is $82,404. This is 6% higher than the state median of $77,485. It is also 2% higher than the national median of $80,734. The poverty rate stands at 3.8%. This is 64% lower than the state poverty rate of 10.5%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.1%. This is 37% lower than the state rate of 3.3%. The median home value is $329,800. Housing costs are 24% higher than the state median of $266,500. The home-value-to-income ratio is 4.0x. 78.4% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 67.8%.

Race & Ethnicity

Waterford has a predominantly White (non-Hispanic) population, comprising 88.3% of all residents. Hispanic or Latino residents account for 3.8%. The Black or African American population (1.3%) is well below the state average of 5.9%. The Hispanic or Latino population (3.8%) is well below the state average of 8.0%.

Education

28.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 15% lower than the state rate of 33.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.4%.

Data Sources & Methodology

All demographic data for Waterford, Wisconsin 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 Wisconsin state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 808 Census-designated places in Wisconsin. 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, Wisconsin?

Waterford, Wisconsin has a population of 5,692 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Waterford, WI?

The median household income in Waterford is $82,404, which is 2% higher than the national median of $80,734.

What is the poverty rate in Waterford, WI?

The poverty rate in Waterford is 3.8%. This means approximately 217 residents live below the federal poverty line.

What is the racial makeup of Waterford, Wisconsin?

Waterford's population is 88.3% White, 1.3% Black, 3.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Waterford, WI?

The median home value in Waterford is $329,800. The home-value-to-income ratio is 4.0x.

How educated is Waterford, Wisconsin?

28.2% of adults (25+) in Waterford hold a bachelor's degree or higher, and 9.4% hold a graduate or professional degree.